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Business
Dallas’ Trive Capital Forms Thriving Brands, Acquires Right Guard and Dry Idea From Germany’s Henkel
by David Seeley | Aug 24, 2021
The acquisition by Thriving Brands was announced in June, but Trive's involvement was only revealed today. Terms of the deal were not disclosed. In 2006, Henkel and its U.S. Dial division acquired Right Guard, Dry Idea, and Soft & Dry from Proctor & Gamble for $420 million.
by Alex Edwards |
Aug 23, 2021
Following the news last week that Brightstar was rebranding to Likewize, the company is now investing in a 275,000-square-foot automated facility in Flower Mound to serve as a global supply chain center of excellence that enhances the customer experience.
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by David Seeley |
Aug 23, 2021
Irving-based Nexstar Media has acquired The Hill, one of America's leading political digital media platforms, for $130 million. The Hill attracted 48 million average monthly users and 2.2 billion total pageviews in 2020, according to Comscore. It also had 914 million video views on Twitter.
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by Dave Moore |
Aug 21, 2021
Siemens Digital Industries Software headquarters is hiring like gangbusters. Siemens CFO Timo Nentwich, who moved to Dallas from Berlin last October, says the company has moved far beyond enabling the designs of airplanes and cars, into analyzing entire manufacturing processes.
“Few people know that we’re running a large operation like this out of the Plano office,” the CFO said.
“Few people know that we’re running a large operation like this out of the Plano office,” the CFO said.
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2022 Chevrolet Bolt EUV [Photo: GM]
Connected Driving: General Motors, AT&T to Equip Future Vehicles With 5G
by Alex Edwards | Aug 19, 2021
AT&T and GM want to set the benchmark for automotive connectivity by bringing 5G connectivity to select model year 2024 vehicles.
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by David Seeley |
Aug 19, 2021
Quorn wants its meatless brand to become "the king of alternative chicken globally." Its secret: naturally sourced mycoprotein that makes its meatless option really "taste like chicken." With a new president, executive chef, and Culinary Development Center near DFW Airport—plus a $335M investment from its parent company following a $1 billion IPO—Quorn is upping its game for the $5 billion alternative meat business.
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by David Seeley |
Aug 18, 2021
With $13.2 billion in 2020 revenue and 47,000 employees worldwide, AECOM is a global leader in infrastructure innovation.
Now its CEO and select corporate leaders are leaving L.A. and joining AECOM's 1,200 existing Dallas employees to plant their HQ flag here—attracted by North Texas' benefits as
"a corporate hub and talent magnet for the engineering and consulting industry."
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by Quincy Preston |
Aug 18, 2021
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros. Patents granted include: AirWatch's remotely restricting client devices, Allied Bioscience's antimicrobial coatings for medical implements and devices, Anametric's system for quantum coherence preservation of qubits, Capital One's behavioral data analytics platform, Golabs' hoverboard, Lintec of America's hook and loop artificial muscles, Smurfit Kappa North America's cold chain packaging, Solar Hardscapes' landscape pavers for ground installation of photovoltaic panels, and Ventamatic's climate smart fan ventilation,
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Kathleen Otto-Rosenblum, former CEO of BioNTX [Photo: BioNTX]
BioNTX Will Hold Its 2021 IC3 Life Science Summit Sept. 30-Oct. 1 with a “Reignite” Theme
by David Seeley | Aug 17, 2021
The eighth annual IC3 Summit will be a forum for leaders from startups to large multinationals in the biotech, pharma, healthcare, and academic communities. A key summit speaker will be Admiral Brett Giroir, M.D., the former White House COVID-19 "testing czar."
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by David Seeley |
Aug 17, 2021
This throwback look at Dallas-area innovation icon Overhead Door Brand shows two of its breakthrough products since 1921. Today, the company just keeps on innovating. Its garage doors can now be operated from the other side of the world with a smartphone—luckily for you, if you forget to close your door before your next vacation.
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by David Seeley |
Aug 16, 2021
Stelfonta received FDA approval last November to treat dogs with non-metastatic, skin-based mast cell tumors (MCTs)—the most common malignant skin tumor in dogs. The injection is now available at vet clinics across the U.S., with an 88% "satisfactory experience" rate to date.
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by Alex Edwards |
Aug 13, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from Elara Caring, Ecobat, Dallas Regional Chamber, HALL Group, VERTESS, Outdoors Tomorrow Foundation, GlobalStep, and more.
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Carlos Medina, Senior Vice President, Head of Strategic Partnerships, Operations and Business Development at One Technologies [Photo: One Technologies]
Homebuying Hacks: ScoreSense SVP Talks Tech’s Impact on Residential Real Estate
by Bella Pinera | Aug 12, 2021
Looking to buy a home? Hold your horses. The SVP of Dallas-based One Technologies, which operates credit monitoring platform ScoreSense, shares his credit score insights for surviving in today's market.
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by David Seeley |
Aug 12, 2021
Since 1932, the Felderhoff family has made pet food in the tiny North Texas town of Muenster. With custom ingredients like dried salmon, freeze-dried elk, beef bone broth, and bacon fat, their food tastes good. How good? One of the owners ate nothing but Muenster pet food for 30 days!
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by David Seeley |
Aug 12, 2021
Oatly's new 280,000-square-foot state-of-the-art manufacturing center is expected to create more than 100 jobs once completed in 2023—and will produce 150 million liters of oat milk annually.
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