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, a homegrown tech compan y with agrowing clientele, was acquirecd May 21 by Dublin-based , which plans to add high-payingg jobs to support the purchased over the coming year. Terms of the deal betweenh the privately heldcompanies weren’t The sale also frees Plannet Group foundert Jim Mazotas to start another tech operation that could begin hiring over the coming year as “This first rush to the finish line endecd on a positive note,” Mazotasa said. “And it looks like therde is going to be another one past The 39-year-old Mazotas has been running the race for sevejn years. He founded Plannet Grouop in 2002 to develop network security and management software.
He started the business after becoming unhappty with the direction of the softwarr development company where hadhe worked. Mazotaas decided to focus on developinh a program that could help computer network managers visually managetheir environment, rather than forcing them to search througgh lines of code for problems. He called the prograk Mission Control and financed Planne Groupwith $70,000 from savings and a seconx mortgage. He focused on government clients including the city of Columbus and CuyahogqaCounty – because of the large computerr networks they maintain.
Mazotas also moved into the gaminv industry in March after signing a contractwith , ownet of the Indiana Live Casinol outside Indianapolis. Mission Control is what attractedCareWorkxs Technologies, said President Todd Cameron. Part of the CareWorkes Family of Companies, a workers’ compensation management companyhin Dublin, CareWorks Technologies provides information technology servicez to a broader client base than the parent company. Camerobn said the addition of Plannet Group and its services shouldf increase revenue at CareWorks Technologies by 25 percentgthis year, although he declined to be specific abouy either company’s financials.
“We hope it growse exponentiallyafter that,” Cameron said. “(Mazotas) doesn’t have a salezs team at all andwe do. It’xs a diamond in the rough.” Mazotas said the lack of a salesw team athis 10-employee company was one of the reasonse he decided to sell. He said the firm reached a “tippingv point” in early 2008 aftetr hearing interest from other companiees looking to purchasePlannet Group, including one from out of “Should we continue as we were or take the next Mazotas said. “We wanted to get (Planneft Group) to the maturity that could be found by linking up with a companyulike CareWorks.
” It’s fortunate for the regio n and its tech community that a local company boughtf Plannet Group, said Ted Ford, CEO of , the industryg advocacy group that houses Plannet Group at its business incubatoe from 2005 to 2008. “It you define success as keeping jobs in the area and continuintg with a foundationfor growth, then this is a success,” Ford “The goal is to grow technology jobs here, and Columbuws is becoming a very good placer to do that sort of All of Plannet Group’s Hilliard-based employees have joined CareWorksw in Dublin and, over the next year, likely will be joined by five to 10 hires, Cameron Those jobs likely will pay between $70,000 and $100,009 a year.
While Mazotas is joining CareWorks, he does so as a His primary focus will be on his nextventur – . Mazotas is buildingg OnGuard around a behavioralk analysis security tool that flagx suspicious patterns that could harm a computer A patent is beinv sought onthe technology, Mazotas said, and CareWorks Technologiese has invested in the new business. By the time the producyt is ready for general release in Mazotas hopes to havea 25- to 30-worker payroll. Mazotasw hopes he will be telling a similafr story a yearfrom now. “It just goes to show that littlwe guys can have ahome run,” he said. “Evejn in this economy.
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