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HeartSciences Pumps Life into Assessing Diastolic Dysfunction with New AI Patent

by | Sep 22, 2022
Southlake-based HeartSciences, which closed on a $6.375M IPO in June, applies AI-based technology to an ECG to detect cardiac dysfunction—one of the earliest signs of heart disease. The company says this can't be diagnosed by current conventional ECGs, making its MyoVista Wavelet ECG device a potential game changer. CEO Andrew Simpson says adding this diagnostic information to an ECG "addresses a significant unmet need in the market with an estimated 100 million-plus ECG tests performed annually in the U.S.A. alone."
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IBM Acquires Dallas’ Dialexa to Tap Its Product Engineering Expertise
by | 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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The Shadow CEO:
A Founder’s Guide to Calculating Share Price
by | 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
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Comerica Assembles South Dallas Business Banking Team
by | 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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Dallas Financial Services Firm Beneficient Company Group to Go Public in $3.5B SPAC Deal

by | Sep 21, 2022
Founded in 2003, Beneficient aims to be listed on the Nasdaq via a merger with San Francisco bank-check company Avalon Acquisition Inc. The deal values Beneficient—whose end-to-end platform provides liquidity, data custody, and trust services for alternative asset holders—at $3.5 billion. “We're working to democratize the industry starting with a simple, secure, rapid and cost-effective solution to what we saw as the most foundational and pressing need: liquidity," says founder and CEO Brad Heppner.
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Innovan Neighborhoods Launches Community Developers Roundtable to Fuel ‘Catalytic Real Estate Development’
by | 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 | 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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Dallas Invents: 113 Patents Granted for Week of September 6
by | 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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HiFAB Studio and Plant in Grand Prairie Will Create Modern Modular Homes by Lake/Flato Architects

by | Sep 20, 2022
HiFAB, a new venture from Dallas-based Oaxaca Interests, will be building modular homes from its new plant on a seven-acre site in Grand Prairie. The first offering: two- and three-bedroom "Haciendas" designed by the noted San Antonio architecture firm Lake|Flato, starting at $249K and $375K. "Simple design is hard to pull off, but it allows us to focus on the details for a cleaner, more efficient way of living," says Oaxaca and HiFAB founder Brent Jackson.
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The Last Word: Siemens’ Cedrik Neike on Sustainability in Motorsports
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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The Last Word: Common Desk’s Nick Clark on Why Introverts Just Might Need to Be in the Office, and More
by | 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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Integrated Defense Products Relocates Its HQ from California to Rockwall
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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Follow the Money: Cerebro Sports Lands Mark Cuban Backing, Ryan Snags Tax Products from Thomson Reuters, and More

by | Sep 19, 2022
In this week’s North Texas deal flow, you’ll also find news about Pathway Healthcare’s Texas expansion via Innovation360 acquisition; NEW A.G.E Inc’s $2.5M deal with Healing the Earth; donor software firm NPact's acquisition of products from Blackbaud; and Irving-based Commercial Metal Company’s acquisition of Advanced Steel Recovery among other deals.
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DI People: UNT Health Science Center, McKesson, Cyrus One, and More Make Leadership Moves
by | Sep 16, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Jacobs, HF Sinclair and Holly Energy Partners, Caris Life Sciences, Fossil Group, Deloitte, TRG, Invited, Instil Bio, RealPage, Critical Start, Genuine Article, and others.
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The 2022 BioNTX iC3 Summit Will Bring Together Leaders and Changemakers to ‘Accelerate Life Sciences Across North Texas’
The once-a-year summit on September 22 and 23 is an innovation multiplier for capital, collaboration, and commercialization. Experts in the field will discuss strategy and exchange insights—and what's driving life science success across the region.

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Dallas-Based Jacobs Reveals CEO Succession Plan
by | Sep 16, 2022
er to Bob Pragada, who is currently president and chief operating officer of the company. Demetriou will continue as executive chair of the board.
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