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Websense To Move 470 Jobs To Texas

socalTECH

The move-- which was announced earlier this month by Texas Governor Rick Perry--comes after a concerted effort by Texas to convince Websense, and its new private equity owners Vista Equity, to relocate its headquarters. Vista Equity owns Websense, along with Omnitracs, which is also moving to Texas. Texas is providing a $4.5M

San Diego 170
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Kofax To Sell Hardware Business, Cut Staff

socalTECH

Irvine-based Kofax , a provider of document management software and hardware, said Sunday that it is selling its hardware business to a German private equity firm, and cutting staff. In addition to the sale, Kofax said it is taking a charge of $2.6M

Equity 145
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Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

Seasonal sales fluctuations eat cash. Fluctuating sales means more inventory is required to cover the ups and downs. If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Sales volumes are still ramping up while marketing expenses are at max.

Startup 64