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Startup CEO finds you can go home again
The UpTake: Craig Malloy needed a break from LifeSize Communications after the video conferencing company he founded was sold. But now, he's back, with a new direction and fresh ideas.
Craig Malloy is back where he belongs. The founding CEO of LifeSize Communications has returned to the Austin-based videoconferencing company after two years as CEO of software maker Bloomfire Inc.
Malloy moved to Austin-based Bloomfire in 2012 -- after LifeSize was acquired for $405 million in 2009 by Logitech International SA (Nasdaq: LOGI). Bloomfire, founded in 2010 as SalesSquared Inc., develops online training software. It employs 30 workers.
LifeSize Communications employed 300 workers when Logitech acquired it. In May 2013, LifeSize was down to 200 employees when the company restructured and cut 12 percent of its Austin workforce.
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