Business

 

 

Beating Other Bidders, CVS Health Inks Deal To Acquire Dallas’ Signify Health in $8B Deal

by | Sep 6, 2022
Beating out other big-name contenders like Amazon in the bidding battles, CVS Health is set to acquire Dallas’ Signify Health. The Rhode Island-based company behind the national chain of pharmacies has inked an agreement to acquire the local tech-enabled home health services firm for $30.50 per share—a deal valued at around $8 billion.
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The Last Word: National Space Society’s Ken Ruffin on Artemis Mission
Ruffin was one of thousands of people who traveled to Cape Canaveral in Florida to view the launch. After the two scrubs, he returned to Texas disappointed for now. But he told NBC 5 DFW why he's still excited about the Artemis missions.
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My Possibilities Names First Chief People Officer
by | Sep 5, 2022
My Possibilities' new Career Services Building, which broke ground in May, will provide support to another 300 HIPsters (aka Hugely Important People—MP's students) on a weekly basis.

Planning for its completion, Tiffanie Douglas will bring the “expertise, passion, and energy to foster an environment where our staff and HIPsters can thrive," says Karen Wald, My Possibilities' chair of the board.
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UT Arlington Names VP of Business, Finance and Chief Financial Officer
by | Sep 5, 2022

John R. Davidson has been named vice president for business and finance and chief financial officer at The University of Texas at Arlington.

“As vice president for business and finance and CFO, John will serve as a key leader in helping UTA be one of the nation’s most inclusive and impactful research universities,” UTA President Jennifer Cowley said in a statement....

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City of Fort Worth Appoints Chief of Strategy and Innovation

by | Sep 5, 2022
The "sky is the limit," according to Fort Worth's new chief of strategy and innovation. Carlo Capua is ready to take the innovation reins of the "forward-thinking, tech-friendly, and innovative city." 
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Mindzie Taps Member of IEEE Task Force on Process Mining As Strategic Adviser
by | Sep 5, 2022
Julian Lebherz says a focus on "easy-to-adopt solutions for business analysts will drive increased interest in process mining."

Mindzie's new adviser, who heads data insights at A.P. Møller - Mærsk and co-founded the Deloitte Center for Process Bionics, also co-leads the IEEE standardization working group.
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North Texas Commission Announces Regional Leadership Award Recipients
by | Sep 1, 2022

The North Texas Commission has announced eight of the nine recipients of the organization’s 2022 Regional Leadership Awards. The awards recognize North Texas organizations and individuals who have had a lasting impact shaping the region....

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China’s NetDragon Has a New Robot CEO—and North Texas Ties
by | Sep 1, 2022
When the University of North Texas launched its NetDragon Digital Research Centre in 2018, it saw great things for the future. But one thing it may not have foreseen: Last week NetDragon—a Chinese mobile and online gaming developer—appointed an AI-powered virtual humanoid robot as its "Rotating CEO."
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Dallas-Based DataBank Sells 35% Stake for $1.5 Billion

by | Aug 31, 2022
DataBank—a leader of the booming data center market, with over 65 data centers and 20 interconnection hubs in over two dozen metros—welcomed a new group of investors in the deal, led by Swiss Life Asset Management, EDF Invest, Northleaf Capital Partners, and Ardian.

"This new investor group will provide the financial backing required to continue to scale DataBank’s leading edge infrastructure platform," CEO Raul Martynek told Dallas Innovates.
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Gatik Is Partnering with Pitney Bowes for Daily Self-Driving Deliveries in Dallas
by | Aug 31, 2022

Gatik, an autonomous trucking leader in “middle mile” logistics, continues to expand its strong DFW presence. Today it announced a multi-year partnership with Pitney Bowes, the global shipping and mailing company, that will mean even more self-driving trucking routes on Dallas streets soon....

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Dallas Invents: 155 Patents Granted for Week of August 16
by | Aug 31, 2022
Bank of America's correction, synchronization, and migration of databases, Berkshire Biomedical's computerized oral prescription administration with refillable medication dispensing devices, UT Systems' cancer cell trap, Cleanspray USA's disinfection system for mass transit vehicles, Fujifilm Medical Systems' detecting errors in artificial intelligence engines, Knightscope's autonomous parking monitor, Micron Technology's modified checksum using a poison data pattern, Texas Instruments' handling non-correctable errors, Textron Innovations' fuel cell powered line-replaceable thrust module, The Nielsen Company's methods and apparatus to improve usage crediting in mobile devices, and UNT's ultrasonic through-wall sensors.
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Illinois-Based ExteNet Systems Is Moving Its HQ to Frisco
ExteNet Systems is relocating from the Chicago area to a new 37,000-square-foot space at the Frisco Station development. The company—which specializes in providing secure 5G and fiber-neutral host communications infrastructure—has worked on projects for the Dallas Cowboys' AT&T Stadium, the Empire State Building, and Dallas’ Bank of America Plaza.

It's an "opportunity to reimagine our future," says Richard Coyle, ExteNet's president and CEO.
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UT Southwestern Opens Clinic at RedBird in Southern Dallas

by | Aug 29, 2022
UT Southwestern Medical Center at RedBird is a new, 150,000-square-foot hospital that instantly becomes a core feature of the redeveloped Redbird Mall. Located in a former Sears store, the new hospital marks the first time UTSW has transformed a former retail space into a regional medical center. “In RedBird, we recognized an opportunity to expand our footprint in Dallas and to have a vital presence in a community that has traditionally been underserved by the health care industry," said UTSW's Dr. Marc Nivet.
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Artful Industrial: How M2G Ventures Is ‘Turning Locations Into Landmarks’
by | Aug 29, 2022
For The Archetype, she enlisted local artist Josh Dodson, whose signature "graffitecture" will be added across the project, filled with 3D illusions and "colorful surprises."

“Integrating art into properties gives them a lifeblood, and that’s exactly what we’re doing with The Archetype," Katie Murray, M2G's chief creative officer says.
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Follow the Money: P10 Acquires California Investment Firm, SmartMoving Lands $41.5M, and More
by | Aug 29, 2022
In this week’s North Texas deal flow, you’ll also find news about Biotech Renibus Therapeutics raising $8.48M to fight cardio-renal disease; Deposits raising $5M for its plug-and-play financial services platform; Lion Real Estate Group targeting multifamily properties in the Sun Belt with a $200M fund, and more.
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Dallas Mayor Eric Johnson Taps Attorney Carlos White as Franchise Impact Ambassador
by | Aug 26, 2022
Johnson launched the ‘Mayor’s Franchise Initiative’ to foster economic growth earlier this week. Carlos White’s goal will be to make Dallas “a global hub for franchising” by forming partnerships that can help teach city residents how to create, systematize, and scale successful businesses.
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