IC Manage’s CEO moves to Austin, will run local office

Looks like a slow move of attrition.

The company, which provides design and IP management systems, will initially employ up to three workers at 701 Brazos St. and plans to eventually hire more employees, company officials said.

Shiv Sikand and Drako — formerly CEO of Silicon Valley-based Barracuda Networks Inc. — founded the company in 2003.