August roundup: Arizona tech gains momentum during monsoon season

Mosaic to help Phoenix builders

August was a rocky month in terms of world news, but Arizona tech continues to make good progress toward building a solid tech ecosystem. Last month we saw acquisitions, major investments, notable recognition and programs aimed at improving diversity across different fields. Scottsdale entrepreneurs named 2021 Entrepreneur of the Year Trainual founder Chris Ronzio and … Read more

Phantom Space continues to expand with acquisition of Florida-based microsatellite tech firm

Phantom Space Corp., a space transportation technology manufacturing and development  company based in Tucson, has acquired Micro Aerospace Solutions (MAS), a microsatellite tech firm. MAS, which provides space communications systems, space propulsion systems and electrical hardware design for spacecraft and rockets, could further help Phantom Space become what it refers to as “the Henry Ford … Read more

22 of Arizona’s major tech developments in May

Arizona saw some big tech developments in May, from expansion, acquisitions and life-saving partnerships to raising millions for local and regional startups. Another possible TSMC expansion in Arizona Taiwan Semiconductor Manufacturing Co., the world’s largest chipmaker, may expand even more in Arizona. Reuters reported in early May that sources familiar with TSMC’s expansion plans said … Read more

CampusLogic Raises $120 Million

Phoenix, AZ-based ed-tech company, CampusLogic (founded by Gregg Scorsby), received a $120 million minority investment from Dragoneer Investment Group. The company will use the funding to invest in new product development and make strategic acquisitions that will increase the scope of its student financial success platform. The company currently serves more than 750 schools with … Read more

PTS Solutions Inc. acquires Arizona-based ITX Technology Solutions

From police body cameras to mug shot software components, police software systems created by Louisiana-headquartered PTS Solutions Inc. (PTS) are about to get even more technologically advanced. Public safety software company PTS acquired Chandler-based ITX Technology Solutions Inc. this week. ITX has provided information integration and data management software for over 20 years to over … Read more

Time Inc. acquires Tucson-based League Athletics

Contributions from Chloe Nordquist For parents with kids in youth sports, the ability to communicate with coaches and league organizers and track game times are critical components to organizing a family’s schedule. Don Malin, dad and software engineer, became frustrated with the inefficient software platform the parks and recreation youth sport leagues used to register, schedule and communicate with … Read more

Tempe's American Green acquires leading RFID co. TrackX

Tempe, Arizona’s American Green Inc., announced today that it has completed an acquisition agreement with Denver-based TrackX, LLC, one of the country’s leading providers of complete Radio Frequency Identification (RFID) tracking and cloud-based physical asset management systems. American Green anticipates that TrackX is positioned to be the premiere RFID-enabled asset tracking and supply chain solutions … Read more

Vestafy, animal welfare software co., acquired by Pethealth

Pethealth Inc. recently acquired Vestafy, a workflow management software product serving the animal welfare industry and a recent incubee at the socially-conscious incubator Seed Spot. Vestafy will become an essential part to Pethealth’s suite of animal care services. Their platform helps animal shelters streamline their workflow, manage data, aggregate reports and more, all through mobile … Read more

5th Dimension Logistics acquires Superior Financial Service to optimize payment solutions

After a successful completion of an acquisition, 5th Dimension Logistics (5thDL) purchased Superior Financial Service (SFS) for an undisclosed amount. The newly formed corporation will be named Sparrow, symbolizing the company’s perseverance, integrity and efficiency. 5thDL is a global leader in the payment software industry and in order to offer their customers a complete package … Read more

Mindtree acquires Scottsdale IT solutions co. Discoverture for $15 million

Mindtree, a technology firm housed across 14 countries, announced on Monday the acquisition of Discoverture Solutions, a Scottsdale-based information technology company focused on providing support to the insurance and healthcare sectors, for $15 million. According to CEO of Mindtree, Krishnakumar Natarajan, the buy is an attempt to increase Mindtree’s industry coverage. The company, which focuses … Read more