Business

 

 

Dallas Venture Capital Joins $100M Series C Investment in Cloud Networking Pioneer Alkira

by | May 15, 2024
Alkira's founders are in Dallas this week for the ONUG networking conference. Investors, including Dallas Venture Capital Founder Dayakar Puskoor, are bullish on the startup reinventing cloud networking and network infrastructure for the cloud era.
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Virginia-Based PowerHouse To Build 1M‑SF Data Center Campus in Irving
by | May 15, 2024
To be located at Located at 111 Customer Way in Las Colinas, PowerHouse Irving is the third multi-phased data center development to be announced this year by the company, following PowerHouse Reno in Nevada and PowerHouse 95 in Spotsylvania County, Virginia.
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Dallas Developer Sells Historic Acme Brick Site Turned Industrial Park
Urban District 35, a master-planned industrial park that fronts I-35E in Denton, repurposes part of Acme Brick's historic manufacturing site to meet the region's growing logistics demand with Class A space.
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Frisco-Based AI & Data Startup Arhasi Gets Strategic Investment, Launches Foundry With Cloudbench
by | May 14, 2024
Arhasi and Cloudbench, a Google partner and leading emerging technology consulting firm, have launched a joint AI and data foundry in Frisco, staffed with experts from top universities. The foundry aims to drive innovation in AI and Web3 technologies.
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Dallas-Based Tango Appoints New CFO

by | May 14, 2024
Tim Redfern, the former CFO/COO at Drift, brings more than 20 years of financial and operational leadership experience to Tango. He's responsible for managing the company’s global finance, accounting, and administrative functions.
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ATM Giant Hyosung Americas Announces Fintech Innovation Veteran as CEO
by | May 14, 2024
Irving-based Hyosung America named Kunoh Kim CEO, bringing "new energy" to the company's banking technology business.
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Plano-Based Siemens Industry Software Partners with Sony on New Spatial Content Creation System
by | May 14, 2024
Sony's new XR head-mounted display, designed using Siemens' NX software, is a key part of the NX Immersive Designer. The solution aims to empower creators in industrial design and product engineering by providing "more immersive design, review, and collaboration tools."
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The Last Word: Dallas Police Chief on Potentially Deploying Facial Recognition Technology
by | May 14, 2024
Facial recognition technology is already being used for by the Texas Department of Public Safety and police departments in Fort Worth, Arlington, and McKinney. Now the Dallas Police Department may be next in line to deploy it by partnering with New York-based Clearview AI, based on comments at a Monday meeting of the city's Public Safety Committee.
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Fort Worth’s Junction Industries Acquires Swiss-Based Skyline Parking

by | May 13, 2024
Junction—which has built over a dozen Carvana car towers across the U.S.—said that Skyline's fully automated, conveyor-based handling systems "deliver the fastest and most adaptable parking solutions globally." Junction subsidiary Pier 57 plans to bring the Swiss technology to its first project in Fort Worth later this year.
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The Last Word: Sam Romano on ‘Doing,’ Not Just Eating, at Dallas’ Trinity Groves
by | May 13, 2024

“There are other things to do here than eat.”

Sam Romano
Partner
Trinity Groves “4.0”
.…on creating more foot traffic for the Dallas “restaurant theme park” by offering pickleball, mini-golf, bocce ball, and more, via the Dallas Morning News.
...

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Plano-based Pizza Hut Names President of Pizza Hut U.S
by | May 10, 2024
Juan Carlos "Carl" Loredo—the former global CMO for Wendy's—will assume responsibility for driving overall performance of Pizza Hut's U.S. business.
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Dallas’ iDonate Adds CFO, Executives to Its Leadership Team
by | May 10, 2024

Dallas-based iDonate has appointed Matt Kern as the new chief financial officer and head of operations for the provider of online fundraising software for nonprofits.

Joining Kern at iDonate are Kristi Collins, vice president of customer success and support, with over 19 years of industry experience, and Adam O’Brien, vice president of marketing, who has 15 years of B2B enterprise leadership....

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Pharmaceutical Strategies Group Adds to Its Leadership Team

by | May 10, 2024
Mike Sackett has been added as SVP of financial analytics, procurement, and consulting strategy and Rebekah Gregg has been promoted to chief operating officer.
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Unanimous Decision: Dallas Economic Development Corporation Confirms Linda McMahon as First CEO
by | May 10, 2024
McMahon, recognized as a powerhouse in the real estate sector, currently serves as president and CEO of The Real Estate Council (TREC), where she has spearheaded transformative initiatives to enhance commercial real estate and economic growth in Dallas. With her impending departure on June 30, TREC CFO/COO Summer Loveland will step in as interim CEO, while the organization actively searches for a successor.
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Norton Rose Fulbright Adds Private Equity Lawyer as Partner in Dallas
by | May 10, 2024
Nate Christensen has more than 20 years of experience advising clients across a broad spectrum of complex transactions and capital structures in numerous industries, including energy, real estate, professional sports, financial services, professional services, and consumer goods.
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ATI Adds Veteran Exec To Lead High Performance Materials, Components Segment
by | May 10, 2024
ATI, which produces and sells specialty materials and complex components worldwide, said Netta Washington will guide the strategy and performance of the businesses within its HPMC segment, helping to continue to leverage the synergies and optimize the supply chain between them.
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