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Dallas’ EXA Capital Acquires New Zealand-Based Lease Management Platform Company

by | Jul 18, 2024

Dallas-based EXA Capital, strategic operators and investors in growing vertical market software companies, has acquired Nomos One, a New Zealand-based lease management and lease accounting SaaS platform.

“Nomos One’s innovative approach to lease management and lease accounting aligns perfectly with our vision for the future growth of our companies,” Omer Sajid, Founder and CEO of EXA Capital, said in a statement....

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Irving-Based IT Convergence Acquires Indianapolis Tech Consulting Firm
by | Jul 18, 2024

IT Convergence, the Irving-based provider of enterprise applications, cloud consulting & managed services, has acquired Indianapolis-based Prophet One, a management & technology consulting firm that provides insight and solutions to maximize enterprise application outcomes for customers.

IT Convergence (ITC) said the strategic acquisition marks a significant milestone in its expansion strategy and underscores its commitment to enhancing its capabilities and offering innovative technology solutions to a broader client base across JD Edwards and PeopleSoft applications....

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Irving’s Heidelberg Materials Selected by the EPA for Up to $5M Environmental Project
by | Jul 18, 2024
Heidelberg also recently announced two acquisitions in North Texas and Greater Philadelphia for a total of roughly $380 million.
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North Texas’ Solera Corp. Files Paperwork for IPO; Seeks $10-13 Billion Valuation, per Bloomberg
by | Jul 18, 2024

Solera Corp., the Westlake-based global provider of SaaS solutions for the vehicle lifecycle ecosystem, announced in late June that it has filed a registration statement with the U.S....

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The Last Word: Marlon Blackwell on the PS1200 Project in Fort Worth’s Magnolia Village

by | Jul 17, 2024
In the heart of Fort Worth's eclectic Magnolia Village neighborhood, PS1200 is an eye-catching sight. The "public space with private moments" at 1200 6th Avenue comprises a public space, a park, eight row-house apartments overlooking the park, six offices within the park, and a restaurant and two retail spaces. The key attraction, though, is those eight apartments with their swooping Quonset hut-like arches:
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2 North Texas Sports Tech Startups Announce Merger Focused on Fan Engagement
Snipitz is an interactive video player for live and video-on-demand streaming; rikodi is a user-generated content experience that leverages the power of memories to turn global fans into content creators. The road to their combination as one company began last year with an "introduction lunch" between the two founders.
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Dallas Flip-Flop Brand Hari Mari Steps Into New Deep Ellum HQ
by | Jul 17, 2024
Just months after raising $10 million to spur its growth, and weeks after partnering with the Dallas Cowboys' Zack Martin, the Dallas-based footwear, gear, and apparel brand is sliding into a new home in the heart of Deep Ellum.
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Massimo Is Launching a New Vehicle Assembly Robot Line at Its Garland Factory
by | Jul 17, 2024
Garland-based Massimo Group—which went public on Nasdaq in April and announced a 90,000-SF expansion of its Garland factory in May—said the automated line "will increase assembly efficiency by 50% by minimizing manual handling, decreasing labor, and enhancing safety for assembly line workers."
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Patented: Aizaco’s Microplastics Detection and Removal Technology, Plus More North Texas Inventive Activity

Dallas-Fort Worth ranked No. 10 for patents out of 250 metros for the week of June 25, 2024. 150 patents granted include: Amazon's grip aid, AT&T's frequency-aware cellular communication network, Bank of America's ATM leveraging edge devices for offline processing, Enseo's geolocationing system, HighLevel's systems and methods for building funnel websites using artificial intelligence in a tiered software framework, Intel Corporation's technologies for managing interoperable high definition maps for autonomous vehicles, and Linear Labs' reluctance synchronous machines without permanent magnets.
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Dallas Biotech Secures $50M Series D Funding To Combat Rare Hidden Killer in Joint Replacements
by | Jul 16, 2024
The $50 million funding will support the commercial launch of Osteal Therapeutics' pioneering combination drug/device therapy targeting biofilm infections, which are notoriously difficult to eradicate.
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UNT HSC at Fort Worth Awarded Up to $5M To Improve ‘Age-Friendly, Dementia-Friendly Care’
by | Jul 16, 2024
“The changing needs of a growing older adult population are an opportunity for HSC and our partners to transform health resources and services through workforce training and education," said HSC's Jennifer Jurado Severance.
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Texas Instruments Launches New Magnetic Packaging Tech for Power Modules, Doubling Power Density
by | Jul 16, 2024
Dallas-based TI says the innovation uses proprietary, newly engineered material and has been "nearly a decade in the making." Jeff Morroni of TI's Kilby Labs added that designers "turn to power modules to save on time, complexity, size and component count, but these benefits have required a compromise on performance—until now."
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Walmart Opens High‑Tech Perishable Distribution Center South of Dallas

by | Jul 16, 2024
Located 15 miles south of Dallas in Lancaster, the new 730,000-SF center is Walmart’s second in the city, following the 2023 opening of a 1.5-million-SF next-generation fulfillment center that's brought "people, technology, and machine learning together."
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The Last Word: MICHELIN Guides Director on Expanding to Dallas, Fort Worth, and 3 Other Texas Cities
by | Jul 16, 2024
A MICHELIN star—not to mention the ultimate prize, three stars—can turn an everyday restaurant into a must-go culinary destination, with seatings booked from opening to close. That coveted rating will be available in Dallas, Fort Worth, and three other Texas cities for the first time ever later this year, Michelin announced Tuesday.
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Arlington-Based Aperture Acquires Wisconsin IP and Commercial Litigation Services Firm The BERO Group
by | Jul 15, 2024
Aperture LLC, a portfolio company of Dallas-based Trinity Hunt Partners, said The BERO Group is "well known" in the forensic expert industry for presenting, instructing, and writing articles on topics including intangible assets, IP damages, working with experts, and various accounting issues.
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Gov. Abbott Announces 7 New State Hospital Projects, Including $1B+ for Two in North Texas
Two local projects—the North Texas State Hospital in Wichita Falls and the Terrell State Hospital—got the lion’s share of the recently announced $1.5 billion in funding. Another North Texas hospital construction project funded by the state of Texas, the nearly half-billion-dollar Texas Behavioral Health Center at UT Southwestern, is already underway.
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