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Left to right: Joanne Stephane, Heather McBride Leef, Dan Berner [Photos: Deloitte]

Deloitte’s New DEI Institute Announced at Westlake’s Deloitte University

by | May 17, 2022
Deloitte University—the financial services and consulting giant's 'cultural home' in the Fort Worth suburb of Westlake—will be a key site for impactful events of Deloitte's new DEI Institute.

Launched with a goal of pursuing "sustained equity and belonging for all," the institute will "convene and collaborate with organizations and thought leaders to share resources and accelerate impact," says Dan Berner, Deloitte's North Texas managing partner.
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Follow the Money: OxeFit Lands New Celebrity Backers, Dallas Biotech Raises $10M to Fight Cancer, Blockchain Investor Raises New Fund-of-Funds, and More
by | May 17, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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DI People: Federal Reserve Bank of Dallas, DallasNews Corp., JCPenney, Solo Brands, and More Make Leadership Moves
by | May 13, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Securonix, Gig Wage, Unleashed Brands, DFW Alliance of Technology and Women, Yooz, ROBOAMP, Communities Foundation of Texas, Tarleton State University, , New Western, Westmount, SMU, SBI, OncoNano, and more.
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CBRE Report: DFW Leads the U.S. in Multifamily Real Estate Investments
by | May 13, 2022
A new report from Dallas-based CRE services and investment firm CBRE shows that DFW was No. 1 in the U.S. in multifamily investments over the last four quarters. Nationwide, Q1 2022 saw the strongest multifamily absorption since 2000. And Texas is leading the U.S. in multifamily completions, as rent growth continues to gain momentum. “The rise in demand has been fueled by household formation, job and wage growth, and sharply rising home prices,” the report said.
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Federal Reserve Bank of Dallas incoming President and CEO Lorie K. Logan. [Photo: Dallas Fed]

Dallas Fed Names Lorie Logan as its First Female President, CEO

by | May 13, 2022
Logan is currently the executive vice president of the Federal Reserve Bank of New York, and the manager of the Systems Open Market Account for the Federal Open Market Committee (FOMC), where she oversees the system’s $9 trillion securities portfolio and leads the implementation of monetary policy as directed by the FOMC. Starting August 22, she'll be leading the Dallas Fed and its 1,200 employees while representing Texas and parts of Louisiana and New Mexico, helping to shape Fed policy amid the current inflation crisis.
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Southwest Airlines Will Invest $2 Billion on In-Flight Upgrades
by | May 12, 2022
With leisure air travel bouncing back big time—and more corporate fliers buckling in again—Southwest is investing in "the next generation of customer experience" over the next five years. That includes everything from a new Bloody Mary mix to Wi-Fi upgrades, expanded entertainment, bigger space bins, flight flexibility and more.
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Payroll Giant Opens Grapevine Office, Making North Texas Home to its Second Largest Operation
by | May 11, 2022
Paycom Software, an Oklahoma City-based payroll processing and human resources solutions firm, has opened a new operations center in Grapevine. Construction on the 150,000-square-foot, 14-acre campus began in 2019 with the aid of $5 million in Grapevine tax incentives. One thousand employees are expected to work there by end of 2022.
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Health Supernova 2022: Scenes from a Dallas Startup Crawl
by | May 10, 2022
Capital Factory is celebrating its plans to launch the Center for Health Innovation at Pegasus Park in Dallas.

Partnering with companies like McKesson and Blue Cross and Blue Shield of Texas’ C1 Innovation Lab, it expects to open the doors to the new center before the end of 2023.
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Left: U.S. Patent No. 11,298,221 (Three-lens intraocular lens system) was assigned to Alcon Inc.; Right: U.S. Patent No. 11,303,009 (Packages for advanced antenna systems) was assigned to Qorvo US, Inc.

Dallas Invents: 124 Patents Granted for Week of April 12

by | May 10, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Alcon's three-lens intraocular lens system, Berg's treatment of cancer by continuous infusion of coenzyme Q10, BLH Ecology Concepts' process to produce nanoparticles, CubicPV's perovskite material processing, IBM's prototype creation based on analytics and 3D printing, Lintec of America's manufacturing of artificial muscle actuators, QORVO's packages for advanced antenna systems, and USAA's autonomous vehicle control system.
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The Crescent Announces Eight Leases, from UBS to JPMorgan Chase to an Investment Firm behind ‘Ghostbusters: Afterlife’
by | May 10, 2022
The noted mixed-use development in Uptown Dallas has announced 81,860 square feet of total leases, including four new leases and four renewed leases signed by existing tenants.

Tony Click, VP of Leasing for Crescent Real Estate, says adding "the twist of move-in-ready spec suites" has proven to be successful.
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The Shadow CEO: Entrepreneur startup tips
The Shadow CEO:
Determining Startup Valuation
by | May 10, 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 8: Determining Valuation
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Annie Bogue, COO and head of sales and marketing at Fujitsu Network Communications, and Gustavo Mario de la Garza Flores, CEO of Vivaro. [Photos: LinkedIn]
Fujitsu Boosts U.S.-Mexico Bandwidth with New Dallas-Focused Network Deployment
by | May 9, 2022
Fujitsu’s Richardson-based network communications business is deploying its optical fiber multiplexing technology to increase the bandwidth for Vívaro Telecom’s newest network that plans to operate between Dallas and McAllen, Texas.

The move comes a month after Shingo Mizuno relocated from Japan to North Texas to serve as the president and CEO of Fujitsu's networks communications unit.
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Left to right: Aries Webb-Williams, Valerie Davis, and Kavitha Ramesh

DFW*ATW Names New Board Members Days Before Its Annual Women in Tech Summit

by | May 9, 2022
This Wednesday, May 11, the DFW Alliance of Technology and Women will hold its annual Women in Tech Summit at InnoTech Dallas 2022 at the Irving Convention Center. Themed "The New, Now, and Next," the summit will be a day-long, deep dive "into the next iteration of IT and next generation of technologists."

Today, DFW*ATW announced new board members as it celebrates its 20th anniversary and prepares for its biggest event of the year.
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Follow the Money: Backflip Lands $35M Funding Package, TPG’s Impact Arm Is Raising New Fund, Mark Cuban Makes Two Investments, and More
by | May 6, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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DI People: Match Group, Island, UT Southwestern, BBG, and More Announce Leadership Moves
by | May 6, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Techstars Physical Health Fort Worth Accelerator, Divurgent, IKS Health, Invitation Homes, Comerica, New Friends New Life, Lennox, Trademark Property, Golden State Foods, and Catapult Health.
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Artificial Intelligence Streamlines Rental Assistance at DHA
by | May 4, 2022
"Vacancies are money," says DHA chief Troy Broussard. The public housing authority decided to "think different" in coming up with solutions to a time-consuming process.
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