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Business
Both companies said they are active in international markets, including Exceleron's existing team and pipeline in the rapidly evolving Indian prepay market.
Dallas Utility Payment Company Exceleron Merges with Georgia’s PayGo
by Lance Murray | May 30, 2024
Both companies said they are active in international markets, including Exceleron's existing team and pipeline in the rapidly evolving Indian prepay market.
by David Seeley |
May 30, 2024
After raising $850 million between 2021 and 2023—including a $500 million minority equity investment from Koch Strategic Platforms—Richardson-based Mavenir continues to drive toward its goal of "end-to-end 5G transformation."
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by Lance Murray |
May 29, 2024
Solutions by Text has secured $110 million to expand its real-time payment technology within text messaging. The Dallas-area company's latest funding highlights its pioneering influence in the FinText sector.
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The Last Word: The U.S. Army’s Douglas Bush on a Major New Artillery Shell Casings Plant in Mesquite
by David Seeley |
May 29, 2024
Last year, we told you about General Dynamics planning to open a major new artillery casings plant in the Mesquite 635 industrial park at LBJ Freeway at U.S. Highway 80 east of Dallas. Today the New York Times reported that the plant will soon be producing about 30,000 steel shell casings each month for 155-millimeter howitzers, nearly doubling the current U.S. manufacturing output.
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Basak Dogan, M.D., is Professor of Radiology, Director of Breast Imaging Research, and member of the Harold C. Simmons Comprehensive Cancer Center at UT Southwestern. [Photo: UT Southwestern]
UTSW Team Develops New AI Tool To Detect Possible Metastatic Breast Cancer
by Lance Murray | May 22, 2024
The UT Southwestern researchers' noninvasive model uses a standard MRI, paired with machine learning AI, to detect the presence of cancer cells in the lymph nodes under the arms.
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by Lance Murray |
May 22, 2024
Pizza Hut Hires Former PepsiCo and Taco Bell Executives for Global Chief Brand Officer and U.S. CMO Roles
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by Lance Murray |
May 22, 2024
The center will be located in the heart of Fort Worth’s Cultural District and create roughly 300 jobs over the next three to four years, ITS said. It will be ITS Logistics’ second location in Fort Worth after its 1.1-million-square-foot distribution center, which opened last year.
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by Lance Murray |
May 22, 2024
Starr Bollefer, who joined Speedy Frieght as vice president of sales in March, is leading the company's U.S. sales division in Dallas. CEO Mike Smith says "we’re confident that this is just the first of many USA offices."
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The Cypress Growth Capital team at Old Parkland in Dallas, from left: Cliff Sentell, Pat McCaffrey, Barton Goodwin, Ed Mello, Vik Thapar, Vincent Hsieh [Photo: Cypress Growth Capital]
Cypress Growth Capital’s Oversubscribed Fund V Hits $60M in 43 Days Amid Firm’s Unprecedented Deal Activity
by Quincy Preston | May 22, 2024
With 10 investments in the past 15 months and another deal expected to close soon, Cypress Growth Capital is expanding its team to support its growing portfolio. The Dallas-based private equity firm recently welcomed new partner Cliff Sentell with the launch of its fifth fund—and looks to make additional hires in the near term.
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by Sandra Engelland |
May 22, 2024
The USPTO anticipates three upcoming vacancies for each committee. Selected members will serve a three-year term beginning Dec. 1, 2024, and can participate in the committees remotely. Nominations must be submitted online on or before July 5.
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by Dallas Innovates | Staff Report |
May 22, 2024
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros for the week of May 7, 2024. 116 patents granted include: AmplifAI Solutions' use of multiple AI engines to determine a next best action for professional development of employees, ATT's configuring a federated blockchain network, Charles Machine Works' virtual path guidance system, Dell Products' cloud provisioning readiness verification, Discourse.AI's computer-based interlocutor understanding using classifying conversation segments, Futurewei Technologies' primary preview region and gaze-based driver distraction detection, Hewlett Packard's automatic notifications for expired subscriptions, and more.
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by Lance Murray |
May 21, 2024
Founded in 1995 with a salsa recipe passed down for nearly a century, Xochitl specializes in authentic, premium tortilla chips and salsas. Carlos Salinas, the company's founder, CEO, and chairman emeritus, will retain a 50% interest in Xochitl going forward.
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The Dallas Business Center is part of Subaru of America’s 200,000-square-foot multi-purpose facility expansion project in Coppell. [Photo: Subaru of America]
Subaru of America To Relocate Its Central Region Office from Illinois to North Texas
by Lance Murray | May 21, 2024
The auto maker's new Dallas Business Center in Coppell will be co-located with Subaru's existing distribution and training facility as part of a 200,000-square-foot expansion project with logistics real estate giant Prologis.
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by David Seeley |
May 21, 2024
In a LinkedIn post, he offers his "controversial take" that AI won't make humans obsolete in sectors like the stock market. Why? "Because markets are more than numbers; they're a reflection of human behaviors, fears, hopes, and irrationalities."
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by David Seeley |
May 21, 2024
A month after hitting the Nasdaq in a $5.85M IPO, Garland-based Massimo Group is expanding its manufacturing facility by 90,000 square feet to support both its pontoon boat production and its powersports vehicle operations.
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by David Seeley |
May 21, 2024
With 5,400 vehicles now serving the community, the city of Dallas aims to electrify its fleet by 2040. Mayor Eric Johnson called the 10-year agreement with Ford Pro "a significant milestone" in making that happen.
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