SD software firm gets $4.5M to move to Texas - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

SD software firm gets $4.5M to move to Texas

Posted: Updated:

SAN DIEGO (AP) - A San Diego software firm will get a $4.5 million check from the state of Texas and move its corporate headquarters to the Lone Star State.

U-T San Diego reports (http://bit.ly/1c7WHKP ) Texas Gov. Rick Perry's office announced Thursday that Websense will relocate 445 jobs to Austin and also make a $9.9 million capital investment.

In exchange, Websense will be paid $4.5 million by the Texas Enterprise Fund.

Perry has traveled around the country to tout Texas as a business-friendly locale with low regulations and no state income tax.

In 2010, Petco, a San Diego-based retailer of pet products, got $3.1 million from the Texas fund to bring some of its operations to San Antonio.

Websense, which produces web security software, was purchased by Vista Equity Partners last year for $910 million cash.

 

Information from: U-T San Diego, http://www.utsandiego.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices