Websense cranks up hiring as company headquarters shifts to Austin

Websense Inc., a security technology company, has already hired nearly half of the local workers it plans to employ as it reboots its business model in Austin.
The company, which had previously been based in San Diego, officially opened Thursday its relocated headquarters at 10900 B Stonelake Blvd., just north of West Braker Lane with 200 employees. But Chief Financial Officer Jim Hagan said he expects that number to reach the upper 400s in coming months as Websense gets revitalized under a new…

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Another retail broker departs Weitzman for Austin-based Endeavor

Endeavor Real Estate Group has snagged another seasoned veteran for its retail team. Michele Gary will join Adam Zimel — both had a long and successful history with The Weitzman Group — at the Austin-based brokerage and development company. Endeavor may be the most prolific developer at the moment in Austin with numerous commercial projects underway. The company also has been a dominant developer of retail centers such as The Domain and Southpark Meadows.
The Weitzman Group now has lost two…

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Gigafactory gamble: Tesla picks Nevada for first plant site

Tesla Motors Inc. has broken ground in Reno, Nevada, for its first Gigafactory.
But that doesn’t mean Texas is out of the running, the company said Thursday in its quarterly earning release.
“In June, we broke ground just outside Reno, Nevada, on a site that could potentially be the location for the Gigafactory. Consistent with our strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico and Texas,” the company…

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ABJ survey: Little support for Obamacare from Austin business owners

Trying to assess the impact of the Affordable Care Act – popularly known as Obamacare– on Austin businesses depends on who you ask.
Austin Business Journal has polled businesses big and small this year how they’ve been affected by the mandates to provide insurance after certain employee headcount thresholds, or how their costs have changed. These queries have come in surveys sent by ABJ researcher Patricia Rogers while gathering data for the list packages published in the weekly edition covering…

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Lockheed Martin awards defense contract to Austin company

Minco Technology Labs Inc., an Austin-based semiconductor designer, said Wednesday it has signed a multiyear contract to retrofit Lockheed Martin Corp.’s Aegis Weapons System and provide key electronic components. The parts will be manufactured in Austin and shipments will begin in the fourth quarter of this year, to be completed by early 2016, Minco Technology CEO Bill Bradford said.
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Founded in 1981, Minco Technology…

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Henry steps down as CEO of NetSpend

NetSpend CEO Dan Henry stepped down July 31 after six years in the position.
The Austin-based company — which sells pre-paid debit cards and is a division of Georgia-based Total System Services Inc. (NYSE: TSS) — named Chuck Harris as president of NetSpend and Henry’s replacement.
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Henry said he plans to spend more time with his family in Kansas City, according to a Total System Services news release.
Harris joined NetSpend…

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Analyst stays cautious on Whole Foods outlook on sluggish sales growth

A Stern Agee analyst, in a report issued to investors on the outlook for Whole Foods Market Inc., are largely keeping intact their estimates for the organic grocer’s annual earnings per share and share price target, but remain neutral on the company’s stock.
Stern Agee analyst Chuck Grom has maintained a target share price on the Austin-based organic grocer at $40, but revised his fiscal year earnings per share guidance down slightly to $1.54 from $1.56 in the wake of the company’s third-quarter…

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Austin security services company raises funding from Michael Dell

The investment firm that manages Michael Dell’s personal wealth has invested an undisclosed amount in Austin-based Eagle Eye Networks Inc.
New York-based MSD Capital LP participated in the Series B round of funding for the company that specializes in security camera video management. Austin Ventures LP also invested in the financing, according to a statement released Thursday by Eagle Eye. The U.S. Securities and Exchange Commission doesn’t list a financing completed by Eagle Eye Networks.
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