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Business
Video still: tree3.com
Follow the Money: tree3 Aims to Raise $2M, Traveller Capital Raises $28.5M, IBM Acquires Dialexa, and More
by Kevin Cummings | Sep 26, 2022
In this week’s North Texas deal flow, you’ll also find news about Universal EV Chargers landing $10M in grants; The Beneficient Company Group's plans to go public in a deal valued at $3.5B; NTT DATA’s acquisition of Apisero, ‘one of the largest all-stock transactions in the mid-to-upper-management recruiting space'; and more.
by David Seeley |
Sep 23, 2022
IDP aims to employ 40 works in Rockwall when the facility's up and running, with 25 to 30 coming from the local talent pool. Buschold says IDP plans to get involved in local trade programs, hoping to help train the next generation of workers in the manufacturing, engineering, and production fields.
He's not alone. Workforce training and development has been at the top of the list for many in North Texas recently. Dallas College has made it a major part of its agenda for the region, and in July was awarded a $5 million Apprenticeship Building America grant by the U.S. Department of Labor for its apprenticeship programs.
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by Lance Murray |
Sep 23, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from CBRE, Merriman Anderson Architects, Bank of Texas, Quality Custom Distribution, EFG Cos., Dillas Quesadillas, BBG, the Catholic Foundation, and others.
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by David Seeley |
Sep 22, 2022
Writing on LinkedIn, Evans links to an intriguing AIGA Eye on Design story: "We Spoke With the Last Person Standing in the Floppy Disk Business."
According to the article, the long-ago-and-faraway floppy disk is "more in demand than you'd think," as the founder of FloppyDisk.com could tell you.
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Dialexa co-founder and CEO Scott Harper [Photo: Dialexa]
IBM Acquires Dallas’ Dialexa to Tap Its Product Engineering Expertise
by David Seeley | Sep 22, 2022
From hanging hula hoops on its ceilings for drone races to designing a lawn-mowing robot app to developing a platform that trains human brains, Dallas-based Dialexa does things different. Now—with its acquisition by IBM Consulting—it will help one of the world's leading tech companies deepen its product engineering expertise.
"IBM and Dialexa's shared vision for delivering industry-defining digital products could be a game changer," says Scott Harper, Dialexa's co-founder and CEO.
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by Dennis Cagan |
Sep 21, 2022
Entrepreneur, investor, and corporate governance authority Dennis Cagan shares insights on seldom-taught things an entrepreneur needs to know about equity and governance—before making needless mistakes—in The Shadow CEO series.
Part 10: Calculating Share Price
Part 10: Calculating Share Price
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by Lance Murray |
Sep 21, 2022
Dallas-based financial services giant Comerica Bank has named Trent Sampson, Jerry Collazo, and Adriana Najera to its newly formed South Dallas Business Banking Team that is led by Group Manager Derric Hicks.
“As the leading bank for business, it is imperative that we raise expectations in all the communities where we live and serve,” Comerica Bank Dallas Market President Amanda Mahaney said in a statement....
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by Dallas Innovates | Staff Report |
Sep 21, 2022
Dallas' Hoque Global plans to build a $50 million mixed-use development in downtown Mansfield, the DFW suburb south of Arlington, with 249 residences, nearly 12,000 square feet of retail, office, and restaurant space, and a nearly 8,000-square-foot civic plaza, the DBJ reports.
In a conversation with Moore and Todd Tonore, Mansfield's Mayor Pro Tem and Chairman of the Historic Downtown Mansfield Revitalization Subcommittee, the DBJ explores how "one of the oldest historic downtowns" in North Texas is about to get rebuilt.
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Left to right: Dallas City Councilmember Casey Thomas; Innovan Neighborhoods & Community Developers Roundtable Founder Maggie J. Parker; BCL of Texas President & CEO Rosa Rios Valadez; Bank of Texas SVP Gilbert Gerst; and Ryan Long, JPMorgan Chase & Co. Senior Corporate Responsibility Associate - Community Engagement.
Innovan Neighborhoods Launches Community Developers Roundtable to Fuel ‘Catalytic Real Estate Development’
by Kevin Cummings | Sep 21, 2022
Local developer and consulting firm Innovan Neighborhoods is leading the roundtable's efforts to increase affordable housing in the region while accelerating the revitalization of underserved communities around Dallas. With initial funding from JPMorgan Chase, "flexible capital" could help boost needed projects.
"When we put funds and resources behind innovative solutions, we can see neighborhoods and communities set up for long-term success,” says Maggie Parker, Innovan's founder and managing partner.
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Plano-Based Universal EV Chargers Gets Nearly $10M in Federal Grants for Hotel EV Charging Expansion
by David Seeley |
Sep 21, 2022
Plano-based Universal EV Chargers is laser-focused on getting its charging systems outside hotels nationwide. Now, with nearly $10M in federal grants as a result of the Bipartisan Infrastructure Law, it's aiming to secure business with brands like IHG, Wyndham, Marriott, and Hilton.
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by Quincy Preston |
Sep 20, 2022
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Bank of America's wearable device for operational compliance, Bridge To Life's organ preservation system with automatic priming and air removal, NTT Data's bot-on-bot optimization, Siemens Logistics' automatic unloading of parcels, SpeedChain's systemized blockchain reconciliation in a hybrid distributed network ecosystem, TD Ameritrade's string processing of clickstream data, Verizon's managing unmanned aerial vehicle flight data, Visual Shot Recognition Gaming's live fire gaming system, and more.
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by Kevin Cummings |
Sep 20, 2022
Adaptive3D is moving its headquarters from Plano to Richardson's newly christened IQ HQ, returning to the city where it was founded. The company is working on photopolymers that separate into two parts at the “nano level,” making them more durable for industries ranging from consumer and healthcare to industrial and transportation.
“This move also signals the strength and importance of partnerships with key academic institutions like UT Dallas and the role they play in fostering the collaborative creation of future-ready technologies within the IQ,” says Founder and CEO Walter Voit.
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Cedrik Neike, Member of the Managing Board of Siemens AG and CEO Digital Industries. [Photo: Siemens]
The Last Word: Siemens’ Cedrik Neike on Sustainability in Motorsports
by Dallas Innovates | Staff Report | Sep 20, 2022
Plano-based Siemens Digital Industries Software recently announced that the Fédération Internationale de l'Automobile—the governing body of world motor sport and the federation of the world's leading motoring organizations—has selected Siemens as its Official Sustainability PLM Software Supplier.
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by Capital One |
Sep 20, 2022
Capital One is partnering with Bonton Farms, Harmony CDC, The Real Estate Council (TREC) and TREC Community Investors to close gaps in equity and opportunity in some of Southern Dallas’ most impoverished zip codes.
sponsored by Capital One
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by David Seeley |
Sep 19, 2022
Clark was a recent guest on Keurig's "Café Culture" podcast, which explored ideas about creating café culture from the coworking category.
In the podcast, Clark talks about how he founded Common Desk; how he loves it when people walk in off the street mistaking the company's locations for a bar; and how he first discovered the "magic" of having "serendipitous interactions" while coworking.
But two topics jump out of the podcast: why it's important for introverts to be "prodded" into going back to the office, and why companies should look for "culture adds," not "culture fits."
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by Dallas Innovates | Staff Report |
Sep 19, 2022
IDP—a family-owned specialty manufacturer of parts for the defense, firearm, aerospace, and medical industries—plans to add at least $7 million in new taxable value to Rockwall, while hiring 25 to 30 local workers.
“It’s imperative that we always keep an eye on the future," says IDP President Brandon Buschold. "Without any real focus on our youth, there will be a lack of innovation—and ultimately, no torch to pass on."
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