Business

 

 

Dallas-Based American Restoration Acquired by Morgan Stanley Capital Partners

by | Jul 26, 2024
American Restoration is a provider of residential and commercial property mitigation and restoration services. MSCP said it's partnering with the current management team led by CEO Dan Tarantin, who will continue to lead the business.
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Alphabet’s Health Tech Co. Verily Moves Headquarters from California to North Texas
Verily, Alphabet's health tech subsidiary, is shifting its headquarters to Dallas-Fort Worth's Cypress Waters development, positioning the Google sister company at the heart of a growing healthcare and tech ecosystem.
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Dallas-Based Aletheia Media & Marketing Aquires AI Platform Pluralytics
by | Jul 25, 2024
Aletheia said Minnesota-based Pluralytics' groundbreaking SaaS platform uses principles of behavioral science and AI to pinpoint consumers' key values and priorities that inspire their purchases.
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Dallas’ Trinity Consultants Acquires Building Analytics Platform OTTO
by | Jul 25, 2024
OTTO's platform and services allow commissioning providers to integrate building analytics data during new construction, enhancing their commissioning services with automated functional testing, trend data analysis, and continuous fault detection.
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Southwest Airlines to End Open Seating, Offer ‘Premium Seat’ Options & Redeye Flights

by | Jul 25, 2024
Bob Jordan, Southwest's president, CEO, and vice board chairman, called the move to offer assigned seating and additional legroom "a transformational change" that impacts almost every aspect of the airline.
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Grammy Winners to Brand Founders: The DEC Announces Speakers for Dallas Startup Week 2024
by | Jul 25, 2024
A free, five-day celebration of entrepreneurship and innovation, Dallas Startup Week 2024 will be held August 11-15 in Frisco. Some 100 sessions and activations will be built around four compelling summits. The keynote speakers: a Grammy-winning musician and noted tech investor; an AI thought leader and best-selling author; "Shark Tank"-starring husband-and-wife "wine cocktail" brand co-founders; and a founding member of the legendary rap group NWA.
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Telepresence Tech: Two Dallas Digital Pioneers Team Up to Launch Life-Size Peer-to-Peer Streaming Platform
by | Jul 24, 2024
Glass-Media founder Daniel Black and 900lbs founder Steve Deitz are bringing human scale to conversations—wherever you are—with PeerVsn. "Life-size scale provides more impact and focus than a half-filled browser window," Deitz says.

The duo plans to leverage their "second-mover advantage" to improve video conferencing and telepresence across industries.
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Growing Young Farmers: Plano‑Based PepsiCo Foods Launches New ‘Planting Pathways Initiative’
by | Jul 24, 2024
Farmers under the age of 35 make up just 9% of the U.S. farming industry. The Planting Pathways Initiative aims to change that with pilot programs that drive "sustainable, systemic industry change with the goal of creating more opportunities in agriculture."
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Patented: Dallas-Based Amera IoT’s Quantum Resistant Keys for Enhanced Cybersecurity

Dallas-Fort Worth ranked No. 10 for patents out of 250 metros for the week of July 2, 2024. 122 patents granted include: Auradine's innovative heat management in cryptomining operations, Huawei's semantic addressing in resource-aware network forwarding, Samsung’s dynamic gesture recognition using mmWave radar, Texas Instruments’ high speed differential ROM technology, and Toyota’s remote vital sign monitoring systems in vehicles.
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Cynthia Nevels (third from left) with the winners of the last Start.Pivot.Grow. Pitch Competition. The winners pitched their businesses to the UPS Foundation, Wells Fargo Foundation and Dallas College Foundation for cash prizes, as a result of their participation in the Accelerator program. [Photo: Start.Pivot.Grow.]
Apply Now: Dallas-Based Consulting Firm Partners With Dallas College and UPS Foundation to Offer Accelerator to DFW Small Businesses
by | Jul 23, 2024
Now welcoming its ninth cohort, Start.Pivot.Grow. is a 10-week accelerator to help retail, e-commerce, and franchise businesses "reach their maximum potential." The deadline to apply is July 26.
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Global Investment Firm D2 Launches Out of Dallas With Over $1B in Assets Under Management
by | Jul 23, 2024
Founded by industry veterans Ben and Luke Doramus, D2 Asset Management said it aims to generate "compelling returns" for its partners across real assets, specialty finance, and structured credit.
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The Last Word: How Gaming-Obsessed Match Group CEO Bernard Kim Is ‘Leveling Up’ Dating Apps
by | Jul 23, 2024
When Dallas-based Match Group snagged Bernard Kim as its new CEO in 2022, he was president of mobile game maker Zynga, where he was credited with boosting Zynga’s market cap on the way to its $12.7 billion acquisition by Take-Two Interactive. Since then, he's been trying to "level up" Match's dating apps by getting users to pay extra for services so they'll "win" in the game of love, according to a new profile in the Wall Street Journal.
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Dallas’ Merriman Anderson Architects Expands with New Fort Worth Office

by | Jul 23, 2024
MAA has long made its presence known with marquee projects across the Panther City. Now it's put down roots with a new office on West 7th Street, adding to its offices in Dallas, Austin, Cincinnati, and Charlotte.
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Dallas PE Firm NGP Launches $500M Fund to Invest in Clean Energy Platforms
by | Jul 22, 2024
The firm said that NGP SRA was formed to invest in real asset development platforms across the energy transition spectrum—including clean power, clean fuels, carbon, transportation, and critical minerals.
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Dallas’ Catalyze Partners Acquires Axcend, Whose Systems Let Scientists ‘Bring the Lab to the Sample’
by | Jul 22, 2024
“Our acquisition of the technology addresses a growing $5B market central to pharmaceuticals, environmental monitoring, chemical manufacturing, oil & gas production, and numerous other industries,” said Catalyze Partners' Tricia D’Cruz.
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Irving-Based Hyosung Americas’ Parent Co. Has a New CEO, Poised To Impact U.S. Operations
by | Jul 22, 2024
With longtime Samsung executive Bryan Choi taking the helm in Seoul, ATM and payment services leader Hyosung Americas aims to continue its move toward being a more "customer-centric" company. CRO Nancy Daniels tells Dallas Innovates how Choi could impact U.S. operations—as Hyosung moves beyond ATMs to be a "payments industry global human experience maker."
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