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Business
Pardeep Kohli, President and CEO of Mavenir [Photo: Mavenir]
Richardson’s Mavenir Raises $155M in Open Radio Access Network Push
by Kevin Cummings | Oct 7, 2022
“We will continue to lead the 5G transformation by investing in disruptive products to accelerate innovation in mobile networks," says Pardeep Kohli, Mavenir president and CEO. Mavenir is looking to hit $1 billion in revenue by 2023, according to reports.
by Lance Murray |
Oct 7, 2022
CEOs of the 100 fastest-growing privately held companies in the Dallas region joined the SMU Cox Caruth Institute for Entrepreneurship for the kickoff of its annual celebration of the entrepreneurial spirit on Thursday.
Now the countdown begins for the institute's Nov. 2 reveal of which one is THE fastest-growing privately held company in Dallas-Fort Worth. Here are the contenders.
Now the countdown begins for the institute's Nov. 2 reveal of which one is THE fastest-growing privately held company in Dallas-Fort Worth. Here are the contenders.
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by Kevin Cummings |
Oct 6, 2022
The $250 million, nine-story hospitality complex will feature 600 guest rooms. The list of amenities is long, including a 10,000-square-foot ballroom, a sprawling fitness center with pool, a dining room and tavern, outdoor tennis and pickleball courts, and more. Located at the heart of American Airlines' $1 billion Fort Worth HQ campus, it will give visiting employees a place to relax and unwind after a day of training and meetings.
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by Lance Murray |
Oct 6, 2022
The companies will be honored October 27 at the Tech Titans Awards Gala. The list honors the fastest-growing tech companies in North Texas based on three-year revenue growth from 2020 to 2022.
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[Photo: jetcityimage/iStock]
Amazon Aims to Hire 6,500 New North Texas Workers, Says Holiday Jobs Could Become ‘Long-Term Careers’
by David Seeley | Oct 6, 2022
Before long, porches across North Texas will be strung with holiday lights—and covered with delivery boxes. Amazon's hiring push, part of 150,000 new openings across the U.S., comes with signing bonuses of up to $3,000 in select locations, average pay above $19 an hour, and the potential for advancement into "long-term careers."
"This year alone, more than 20,000 front-line employees received promotions," says John Felton, the company's SVP of worldwide operations.
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by David Seeley |
Oct 5, 2022
Last May, Logan was named the 14th president and CEO of the Federal Reserve Bank of Dallas. In a virtual town hall, she answered questions about her background and her priorities for the district she oversees—which consists of Texas, northern Louisiana, and southern New Mexico.
A post by the Dallas Fed captured some of Logan's comments, including her work for the Federal Reserve during 9/11 and the Great Recession of 2007-2009.
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by Lance Murray |
Oct 4, 2022
Comanche Peak Nuclear Power Plant has been generating nuclear electric power for more than 30 years, and this week Irving-based Vistra Corp. announced that it has applied for license renewals with Nuclear Regulatory Commission to keep the plant operating through 2053....
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by Lance Murray |
Oct 4, 2022
Vari's new global HQ was designed by Dallas-based BOKA Powell. The company's goal: "continue to probe the future of how we work." With open stairwells inside and walking trails outside, getting up and about is encouraged. So is staying healthy: The new HQ is the third building in DFW to receive Fitwel certification for healthy workplaces, the company says.
"Most executives are still trying to figure out the future of work, the workforce, and workspaces—that’s where we come in," said Vari co-founder and CEO Jason McCann.
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Left to right, top row: Anurag Jain, Allison Ball, Steve Winn, Travis Goff, Brian Tochman, and Will Coleman; second row: Ameeth Sankaran, Lee Bratcher, Anthony Bassili, and Christopher Calicott; bottom row: Hana Khouri, Sabrina Chaudhury, Mike Kinder, QuHarrison Terry, Troy Aikman, Pialy Aditya, and John Olajide
Venture Dallas Brings ‘the Premier Venture Capital Conference in North Texas’ to George W. Bush Presidential Center this November
by Kevin Cummings | Oct 4, 2022
Venture Dallas 2022—a full-day conference to be held Nov. 3 at the George W. Bush Presidential Center—will connect investors from all over the U.S with the “best founders in our region” with the goal of sparking “collisions” and “meaningful connections," co-founder Aaron Pierce says. He adds that those could potentially lead to fundings—and successful exits.
Here's a look at why the North Texas startup and VC scene is hopping, and what Venture Dallas 2022 could mean for you.
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by Kevin Cummings |
Oct 4, 2022
AccelerateHER—a partnership between the Texas Woman’s University Center for Women Entrepreneurs and Stoke Coworking—has named eight local small businesses to its female founder-focused incubator program. Next up: The program aims to expand beyond Denton to Dallas, Houston, and Abilene.
“Members will be walking away with stronger foundations to their businesses, and the tools they need to grow,” says Stoke Executive Director Heather Gregory.
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by Quincy Preston |
Oct 3, 2022
• AT&T’s 5G edge cloud network design
• Recaro Aircraft Seating’s life vest device
• Berg’s treating or preventing tumors of the central nervous system
• Chirp Systems’ access control for property management
• Apple’s message mapping via frequency and/or time indexing
• USAA's monitoring of data to predict road conditions
• Omnitracs’ integration of hours of service and navigation
• Atlas Global Technologies’ doppler mode in a wireless network
• STMicroelectronics’ robotic device with time-of-flight proximity sensing system
• Textron Innovations’ autonomous hydrogen refueling
• Recaro Aircraft Seating’s life vest device
• Berg’s treating or preventing tumors of the central nervous system
• Chirp Systems’ access control for property management
• Apple’s message mapping via frequency and/or time indexing
• USAA's monitoring of data to predict road conditions
• Omnitracs’ integration of hours of service and navigation
• Atlas Global Technologies’ doppler mode in a wireless network
• STMicroelectronics’ robotic device with time-of-flight proximity sensing system
• Textron Innovations’ autonomous hydrogen refueling
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by Quincy Preston |
Oct 3, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros.
• Frito-Lay’s plant protein snack with meat-like texture
• Treble Innovations’ portable wireless endoscope
• Toyota’s systems and methods for automatically cleaning wheels
• Good Sportsman Marketing’s communication device for hearing protection devices
• Panacea Quantum Leap Technology’s bidirectional sensor circuit
• Badge’s biometric public key system providing revocable credentials
• AMS International AG’s method and device for estimating ambient light
• Heart Test Laboratories’ quantitative heart testing
• Futurewei Technologies’ transaction-based hybrid memory
• Treble Innovations’ portable wireless endoscope
• Toyota’s systems and methods for automatically cleaning wheels
• Good Sportsman Marketing’s communication device for hearing protection devices
• Panacea Quantum Leap Technology’s bidirectional sensor circuit
• Badge’s biometric public key system providing revocable credentials
• AMS International AG’s method and device for estimating ambient light
• Heart Test Laboratories’ quantitative heart testing
• Futurewei Technologies’ transaction-based hybrid memory
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TI's new RFAB2 wafer fabrication plant has begun production. [Photo: Texas Instruments]
Texas Instruments’ Newest Fab Plant in Richardson Kicks Off Wafer Production
by Lance Murray | Oct 3, 2022
The new 300-mm wafer fabrication plant will help support the future growth of semiconductors in electronics. Called RFAB2, the new "fab" is connected to RFAB1, which opened in 2009 as the world’s first 300-mm analog wafer fab. Inside, 15 miles of automated, overhead delivery systems will eventually move wafers between the two fabs.
At full production, the Richardson fabs will manufacture more than 100 million analog chips a day that will go into electronics everywhere, TI says.
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by Dallas Innovates | Staff Report |
Sep 30, 2022
Ross was elected mayor of Arlington in June 2021, and one of his goals for the city is to have something Dallas and Fort Worth are both known for: a signature skyline.
He's a business owner (of the Mercury Chophouse on the city's Lamar Boulevard) and the principal attorney of the Jim Ross Law Group since 2008. But after reading Spencer Brewer's story about him in the Dallas Business Journal, you might add another job to his list: Skyline booster.
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by Lance Murray |
Sep 30, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from ECI Software Solutions, CIEN+, Daseke, Richardson Chamber of Commerce, Schneider Electric, INFOLAB, Meritize, and others.
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by Kevin Cummings |
Sep 30, 2022
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
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