The CoVI website is disabled except for the opening animation, and a mysterious message is on the front page. GE’s Security division issued a press release today saying that they’ve purchased certain assets and IP at CoVI, and that certain employees will stay on board in Austin and be employed by GE now. It doesn’t say that GE has acquired CoVI, just that it has acquired IP and people. Very puzzling. The company was founded [...]

Today’s Q&A Wednesday is with Wayne Snell, the Director of Marketing at Austin-based Lombardi Software. Last week, Lombardi announced year over year revenue growth of 60%, and also named Phil Gilbert as President of the company. The company is on the move, and we thought we’d get to know more about them. Q: Give us a little Lombardi history. How long has the company been around and how much capital has been raised? Do you [...]