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Business
Photos: Solo Brands
Solo Stove Acquires Chubbies, Oru Kayak, and ISLE to Form Southlake-Based Solo Brands
by Alex Edwards | Sep 7, 2021
Solo Stove has unveiled a new house of brands with the mission to build a better direct-to-consumer experience. Solo Brands aims to improve the operations of each entity—Chubbies Shorts, Oru Kayak, and ISLE—while "leaving the world a better place" for local communities and the planet.
by Alex Edwards |
Sep 7, 2021
Guaranty and Caliber plan to focus on investing in real estate developments in neighborhoods that need attention in Dallas, Bryan/College Station, and Austin. The capital structure includes $50 million in total funds to deploy into what the companies deem "qualified real estate developments."
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by Alex Edwards |
Sep 2, 2021
Sally Beauty tapped its first-ever female CEO, NTT DATA gets a digital transformation leader, and more senior leadership moves this week.
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by Alex Edwards |
Sep 2, 2021
WiNGS will use the funding to pair women in Southern Dallas with trained financial coaches and build an online portal dedicated to reducing barriers to reaching economic opportunities.
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Photo: Wallbox
Global EV Charging Firm Wallbox Selects Arlington for Its First North American Plant
by David Seeley | Sep 1, 2021
In June, Wallbox announced its plan to go public through a $1.5 billion merger with Westbury, N.Y.-based SPAC Kensington Capital Acquisition Corp. Local hiring for the Arlington plant will begin immediately, Wallbox says, with on-site retooling set to begin in October. The new factory is anticipated to create around 250 direct jobs in the region by 2030—and manufacture 500,000 units annually by then as well.
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by David Seeley |
Sep 1, 2021
Bank of America had a company-record 227 patents granted during the first half of 2021. One of its biggest inventors? Addison-based Global Banking SVP Manu Kurian, who ranks in the top 300 patent holders on earth. He's filed more than 360 patents since 2014, with more than 240 of those having been granted.
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by Quincy Preston |
Aug 31, 2021
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include: Textron Innovations' autonomous package delivery aircraft, Siemens Industry Software's chain testing and diagnosis using two-dimensional scan architecture, Bank of America's IoT versatile nodes, Wilson Electronics' multiple antenna repeater architecture, IBM's prioritizing workload, Speedgrocers' method for order fulfillment. Bell Textron's VTOL aircraft with tilting rotors and tilting ducted fans, and Capital One's vehicle purchasing tools.
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by Alex Edwards |
Aug 31, 2021
CarMax is tapping into the talent in the Dallas region to support its company-wide growth, digital innovation, and enhanced customer experience.
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Photo: Gatik
Autonomous Trucking Firm Gatik Raises $85M and Expands Operations in AllianceTexas, With 500+ New Jobs Planned by 2025
by David Seeley | Aug 31, 2021
Gatik's new autonomous trucking facility at the "MIZ" in Fort Worth's AllianceTexas will serve as a hub for its middle-mile operations in Texas. The company's $85 million Series B funding will scale its fleet of Class 3-6 autonomous box trucks across new North American markets.
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by AllianceTexas Mobility Innovation Zone |
Aug 31, 2021
Grounded in the legacy of Hillwood, the MIZ is a nexus of innovation in surface and air mobility.
sponsored by AllianceTexas Mobility Innovation Zone
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by David Seeley |
Aug 30, 2021
Apple selected Argent Associates to be one of the 15 Black- and Brown-owned businesses on its first-ever Impact Accelerator class. The goal: combating systemic barriers to opportunity, while advancing innovative solutions for communities most impacted by climate change. Founder and CEO Beatriz "Betty" Manetta reveals the secret to her company's success.
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by Alex Edwards |
Aug 30, 2021
Zebra plans to expand its growing retail and CPG portfolio with the addition of Antuit.ai, a Goldman Sachs company that uses AI and machine learning software to assist retail and CPG businesses in digitally transforming their businesses and achieving outsized results in supply chain, pricing, and marketing.
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Chris MacFarland, Chairman and CEO of Masergy [Photo: Masergy]
Plano-Based Masergy Is Acquired by Comcast Business
by Alex Edwards | Aug 26, 2021
The deal with Masergy, a pioneer in software-defined networking and cloud platforms, will accelerate Comcast Business' effort to serve more large and mid-size companies.
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by Alex Edwards |
Aug 25, 2021
Just in time for Women's Equality Day on Aug. 26, READYTOWORK and Aspire are putting out a call-to-action to encourage women to participate in their upcoming program.
Women have made up more than 40 percent of training participants to date.
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by David Seeley |
Aug 25, 2021
Dak is teaming up with Pittsburgh Steelers wide receiver JuJu Smith-Schuster and Fox Sports NFL sideline reporter Erin Andrews to lead the Superfan Influencer Team. 7-Eleven's goal: draft and train NFL fans across the country to hone their social media influencer skills—with $11,000 "signing bonuses" and a 2-day "training camp."
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by Alex Edwards |
Aug 25, 2021
There, Signature Biologics will manufacture perinatal-derived products that improve the body's natural healing processes in wound, musculoskeletal, and pain management applications.
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