Report: 19 of Texas' 50 fastest-growing tech firms in Austin
Of the 50 fastest-growing technology companies in Texas, 19 are based in Austin, according to a new report released by Deloitte and Touche USA LLP.
This year saw a jump in the number of Austin-based companies making the list. Last year's ranking included 13 local companies. Four Austin companies were in the top 10.
Ranking near the top are Molecular Imprints Inc., which was listed as the fourth fastest growing company; 360training.com ranking as sixth; NetQoS Inc. ranking as seventh; and Zilliant Inc. ranking as eighth. Other Austin companies on the list include Convio Inc., Infoglide Software Corp., SigmaTel Inc., Medical Present Value Inc., Encore Medical Corp., Myriad Development Inc., QuantumDirect Inc., eMDS, Builder Homesite Inc., Silicon Laboratories Inc., Perficient Inc., Multimedia Games Inc., SiteStuff Inc., ArthroCare Corp. and VirTex Assembly Services Inc.
Topping the list in first place was Dallas-based NewMarket Technology Inc.
Each year, Deloitte and Touche ranks technology, media, telecommunications and life science companies located in Texas based on revenue growth over five years. To be considered, Technology Fast 50 entrants must have operating revenues of at least $50,000 in 2001 and at least $5 million in 2005, be headquartered in Texas, own proprietary technology or proprietary intellectual property that contributes to a significant portion of its operating revenues or devote a significant proportion of revenues to the research and development of technology.
