Posted Sep 14, 2018, 2:34 PM
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Registered User
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Join Date: Sep 2015
Location: Austin, TX
Posts: 3,601
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Quote:
Originally Posted by loonytoony
I think it'll be semi-permanent. During Q&A after his speech Ostrowski was asked as to what kind of commercial footprint they anticipated. He mainly mentioned UT sites, though there was talk of smaller affiliate locations. Capital Factory was specifically mentioned. I got the impression most of the main offices will remain on UT though. It seems they really want to have a good connection with academia and also take the army-ness out of it all, if that makes sense. He kept stressing Futures Command as "unconventional".
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This made my antenna prick up in re: the Futures Command:
Quote:
According to a Sept. 12 announcement, GTY Technology Holdings Inc. (Nasdaq: GTYH) plans to spend $365 million in cash and stock for six tech companies spread across North America and intends to combine them under a single umbrella. Such deals are often referred to as roll-ups, when an investor combines similar companies.
{snip}
The six businesses expected to be acquired in the coming months are:
• Bonfire Interactive Ltd., based in Canada, a developer of cloud-based procurement software
• CityBase Inc., based in Chicago, a developer of government integration software, for $160 million in cash and stock
• eCivis Inc., based in Pasadena, Calif., a developer of cloud-based software to management grant programs
• Open Counter Enterprises Inc., based in San Francisco, a developer of software for government permitting and licensing
• Questica Inc. and Questica USCDN Inc., based in Canada, which make software for budgeting, performance management and transparency and data visualization
• Sherpa Government Solutions LLC, based in Denver, a consulting firm and developer public-sector budgeting software.
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https://www.bizjournals.com/austin/n...ed-by-365.html
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