Business

 

 

USPTO Announces Semiconductor Technology Pilot Program To Help Fast-Track Innovation

by | Nov 30, 2023
News of the USPTO fast-tracking is surely music to the ears of many North Texas innovators. Just last month, the region was awarded the Texoma Semiconductor 'Fablet' Tech Hub. Meanwhile, TI is building a $30 billion semiconductor campus in Sherman, and GlobiTech is building a $5 billion "fab plant" in the same North Texas city.
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Laptop Luggers Rejoice: Richardson-Based TI Helps Shrink Power Adapters By 50%
by | Nov 30, 2023
Texas Instruments announced the expansion of its low-power gallium nitride portfolio, "designed to help improve power density, maximize system efficiency, and shrink the size of AC/DC consumer power electronics and industrial systems." Laptop-lugging shoulders everywhere will soon get relief.
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Dallas’ RREAF Residential Rebrands as RR Living, Aims To Keep Renters Renting Across ‘Entire Lifecycle’
by | Nov 30, 2023
The newly rebranded RR Living aims to "encompass the entire lifecycle" of its rental residents, "from a first apartment home, to raising a family, to eventually becoming empty-nesters." The company serves 45,000 residents at its 60-plus apartment communities nationwide.
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DataBank Raises $533M to Finance New Data Center Developments
by | Nov 29, 2023
The Dallas-based company said the financing consists of two separate transactions: $188 million in equity raised from existing and new investors, and a $345 million construction loan for a new data center under development in the Atlanta market.
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McKinney’s Historic Cotton Mill District Slated for Mixed-Use Development

by | Nov 29, 2023
Texas-based multifamily investment firm Presidium plans to make McKinney's 113-year-old Cotton Mill part of the city's future—with 1,200 apartments and 200,000 square feet of office and retail.
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Mark Cuban Is Selling Majority Ownership of the Dallas Mavericks to the Adelson Family
by | Nov 29, 2023
News of the deal hit North Texas with something of a shock wave late Tuesday, leading to a series of aftershocks and follow-up stories about why the sale happened—and what shoes may drop next: Is Cuban running for president? And could a "casino entertainment district" be in Dallas' future?
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$1.2B Acquisition of Dallas-Based Avantax Closed by Cetera
by | Nov 28, 2023
Via the all-cash, take-private deal, Avantax has become a standalone business unit within the San Diego-based Cetera family, with 3,111 financial professionals representing $82.3 billion in assets under administration and $42 billion in assets under management.
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Plano-Based Siemens Launches ‘Groundbreaking’ Engineering Simulation Solutions
by | Nov 28, 2023
The new HEEDS AI Simulation Predictor from Siemens Digital Industries Software empowers engineering teams to harness the potential of advanced AI-driven predictive modeling. And Siemens' new Simcenter Reduced Order Modeling solution uses "high-fidelity data" to enable engineers to gain rapid predictions and to make critical decisions, faster, the company said.
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Jacobs to Spin-off and Merge its Critical Mission Solutions and Cyber & Intelligence Businesses

by | Nov 27, 2023
Jacobs announced it will combine the businesses with Virginia-based Amentum, a global engineering and technology solutions provider—creating a new, publicly traded player in the government services sector with nearly $13 billion in annual revenue.
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The Last Word: o9 Solutions’ Chakri Gottemukkala on Building a Multi-Billion-Dollar Digital Brain
by | Nov 27, 2023
Dallas-based o9 Solutions has defied the odds in the world of tech unicorns. In just three years, o9's valuation has nearly quadrupled to hit $3.7 billion recently, bucking a trend of declining values for later-stage tech companies.
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Frisco’s Sonar Software Appoints New CEO
by | Nov 24, 2023
Bixler will lead the Sonar team in providing comprehensive customer lifecycle management technology for internet service providers while continuing to boost growth and momentum in the fiber and hybrid ISP markets.
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Dallas-Based KaarTech Names President of North America, VP Position
by | Nov 24, 2023

Dallas-based KaarTech, a global SAP and digital transformation consulting company, has named Prabhakar Prasad president of North America and Rajesh Raj vice president and head of enterprise business....

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Plano’s Aimbridge Hospitality Announces Chief Executive Officer Transition

by | Nov 21, 2023

Plano-based Aimbridge Hospitality, a leading, global hospitality management company and the world’s largest third-party hotel operator, announced it is searching for a new chief executive officer.

The search is part of a transition plan for Michael J. Deitemeyer, who is stepping down as CEO, effective Dec. 31.

An executive committee of the board led by Aimbridge Chairman Glenn Murphy has been formed and will lead a comprehensive search for a world class CEO replacement, the company said....

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Wisdom of the Crowd: Schwab Commemorates its 50th Anniversary with Investor Survey
by | Nov 21, 2023

To commemorate its 50th anniversary, Westlake-based Charles Schwab has released results of a comprehensive survey of investors that the company said provides insights into the habits and experiences of its clients as well as what the clients see as critical to their satisfaction and successful outcomes....

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Workforce Solutions Greater Dallas Names Interim President
by | Nov 20, 2023

Ashlee Verner, CPA, has been appointed interim president of Workforce Solutions of Greater Dallas, its board of directors announced.

Verner has a proven track record in workforce development and a commitment to the mission, Workforce Solutions said....

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Skybox Datacenters Begins Work on Massive Data Center in Southern Dallas County
by | Nov 20, 2023
"PowerCampus Dallas will raise the bar in the North Texas data center market and beyond," Skybox CEO Rob Morris said of the project in Lancaster. It's slated to provide up to 300 megawatts of power supported by a private onsite substation while offering up to one million square feet of data center space.
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