วันอาทิตย์ที่ 5 กุมภาพันธ์ พ.ศ. 2555

CareWorks deal for Plannet Group shines amid dull economy - Sacramento Business Journal:

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, a homegrown tech company with agrowiny clientele, was acquired May 21 by Dublin-based , which plans to add high-paying jobs to supporyt the purchase over the coming year. Termsz of the deal betweej the privately heldcompanies weren’t The sale also frees Plannet Group founder Jim Mazotaw to start another tech operation that coul d begin hiring over the coming year as “This first rush to the finishu line ended on a positive Mazotas said. “And it lookxs like there is going to be anothedr onepast this.” The 39-year-old Mazotas has been running the race for sevenm years. He founded Plannet Group in 2002 to develop networ k security andmanagement software.
He started the business afterf becoming unhappy with the directioj of the software development company where had he Mazotas decided to focus on developing a programm that could help compute r network managers visually managetheir environment, rather than forcing them to searcyh through lines of code for He called the progranm Mission Control and financed Plannet Grou p with $70,000 from savings and a second He focused on government clientws – including the city of Columbus and Cuyahog a County – because of the large computef networks they maintain.
Mazotas also moved into the gaming industry in March after signing a contractwith , owned of the Indiana Live Casinpo outside Indianapolis. Mission Control is what attractedCareWork Technologies, said President Todd Cameron. Part of the CareWorksa Family of Companies, a workers’ compensatioj management companyin Dublin, CareWorks Technologies provide s information technology services to a broader client base than the parentt company. Cameron said the additiom of Plannet Group and its services should increases revenue at CareWorks Technologies by 25 percenrtthis year, although he declined to be specifidc about either company’s financials.
“Wed hope it grows exponentiallyafter that,” Cameron “(Mazotas) doesn’t have a salesw team at all and we do. It’sd a diamond in the rough.” Mazotas said the lack of a saless team athis 10-employee company was one of the reasonss he decided to sell. He said the firm reached a “tippingf point” in early 2008 after hearing interest from othetr companies looking to purchasePlannetg Group, including one from out of state. “Shouls we continue as we were or take thenext step?” Mazotaas said. “We wanted to get (Plannet to the maturity that could be founde by linking up with a companylike CareWorks.
” It’sw fortunate for the region and its tech communitt that a local company bought Plannet said Ted Ford, CEO of , the industry advocacy groupl that housed Plannet Group at its businesd incubator from 2005 to 2008. “If you defins success as keeping jobs in the area and continuinbg with a foundationfor growth, then this is a success,” Ford “The goal is to grow technology jobs here, and Columbus is becomintg a very good place to do that sort of thing.” All of Plannetr Group’s Hilliard-based employees have joined CareWorks in Dublin and, over the next likely will be joined by five to 10 Cameron said.
Those jobs likelu will pay between $70,000 and $100,000 a While Mazotas is joining he does so asa consultant. His primary focus will be on his next venture – . Mazotas is building OnGuard around a behavioral analysis security tool that flages suspicious patterns that could harm acomputer network. A patent is beiny sought on the Mazotas said, and CareWorks Technologies has invested in the new By the time the producf is ready for general releasr in 2010, Mazotas hopes to have a 25- to 30-worker Mazotas hopes he will be telling a similar story a year from now. “It just goes to show that littlr guys can have a home he said. “Even in this economy.

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