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AUSTIN-Bandspeed Inc., an Austin-based company developing broadband technology, is moving into more space next door to its current offices. The company took 16,642 sf in a sublease from @Outcome Inc., which develops Internet-based medical software.

Bandspeed had about 3,000 sf in Lantana I, which it sublet from Silicon Laboratories Inc. Bandspeed has about two years on the new sublease in Lantana II. The buildings are near the intersection of William Cannon Boulevard and Southwest Parkway in Austin’s southwest submarket. Stratus Properties Inc. owns them.

Bandspeed is developing to increase the performance of broadband technologies such as digital subscriber lines and wireless communications equipment. It raised $15 million in venture capital funding in June. JatoTech Ventures and MSD Capital led the round. Headquartered in Austin, Bandspeed has research operations in Melbourne, Australia.

John Childers and Jack Tynes, both of Colliers Oxford Commercial’s Austin office, represented Bandspeed and Volney Campbell and Charles Dixon of the Austin office of CB Richard Ellis Inc. acted on behalf of @Outcome.

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