Business

 

 

Backed by CBRE IM, Plano’s Accelerate Reaches $1.26B in Capital Commitments for Its Infrastructure Site Acquisitions

by | May 7, 2026
Accelerate's latest $630 million capital raise includes additional investments from funds managed by CBRE IM and new investments from Mubadala Investment Company, Australian Retirement Trust, and other leading global investors—bringing total equity committed to the platform to $1.26 billion.
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Acquisition Forms North Texas-Based Empower EIT, Leveraging End-to-End Lithium Value Chain
by | May 6, 2026
The newly formed Empower EIT has consolidated its operations into a new 17,000-SF headquarters and innovation facility in Addison, relocating Conductive Energy’s direct lithium extraction manufacturing operations from Chicago and its laboratory and research functions from Calgary, Alberta.
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Dallas’ Iconic Stoneleigh Hotel Reopens as Part of Marriott Bonvoy’s Autograph Collection
by | May 6, 2026
Central to the 103-year-old hotel's renaissance are "fully reimagined" interiors by London design studio Fettle, featuring expansive guest rooms and specialty suites, and an "ambitious" culinary and cocktail program led by James Beard Award–winning Chef Michael White.
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M2G Completes ‘Reimagined’ Inwood Design District, Anchored by The Art Docks
by | May 6, 2026
The 740,000-SF Inwood Design District and Ace on Inwood development is a flagship for M2G's modern commerce philosophy, the Fort Worth-based firm said. It combines industrial, showroom, and retail uses into a single environment designed to support both the logistics and customer-facing experience.
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ChronoScale Names Former Super Micro Computer Exec as CEO

by | May 6, 2026
Cenly Chen has been tapped as CEO and board member of Dallas-based ChronoScale, which was formed recently via a business combination of Applied Digital’s cloud computing business and California-based EKSO Bionics Holdings. It now operates as an independent public company delivering scalable, GPU-based infrastructure optimized for AI training, inference, and high-performance computing.
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Netwrix Appoints Former SecurityScorecard Exec as Its New CTO
by | May 6, 2026
Avesta Hojjati joins Netwrix from SecurityScorecard, where he served as CTO and led cross-functional teams spanning AI, data science, threat intelligence, product engineering, and core platform operations, taking a new platform from concept to production in under 12 months, Netwrix said.
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Raytheon To Produce SharpSight Radars in North Texas for Defense Supplier Blue Raven
by | May 6, 2026
Raytheon's next-gen SharpSight radar systems are built within Raytheon's McKinney Consolidated Manufacturing Center. The radar enables critical missions including "anti-surface warfare, border protection, coastal monitoring, search and rescue, and long-range surveillance," Raytheon said.
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Ribbon Communications Promotes Executive to CFO Post
by | May 5, 2026
Rick Marmurek—a CPA with more than 35 years of financial experience, including more than 15 years at Ribbon or its predecessor companies—has served as SVP, deputy CFO, and chief accounting officer since 2024 and as SVP and chief accounting officer since 2018.
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Dallas Mavericks Name Former Toronto Raptors Exec as President and Alternate Governor

by | May 5, 2026
As president of the Toronto Raptors, Masai Ujiri led the team to its only NBA title in 2019. Now he's stepping into the leadership role with the Mavericks, calling it "a franchise with a proud history, passionate fans, and a commitment to winning." His pledge as the team's new president: "We will win in Dallas."
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DMN Architecture Critic Mark Lamster Wins Pulitzer Prize in Criticism
by | May 5, 2026
A passionate advocate for the preservation of I.M. Pei's Dallas City Hall, Lamster was honored for a series of 2025 articles about architectural issues in Dallas. The Pulitzer Prize board cited him for "his rigorous and passionate architecture criticism, using wit and expertise to amplify his opinions and advocate for city residents."
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North Texas’ GameStop Offers Nearly $56B to Acquire eBay
by | May 4, 2026
In a surprise move, Grapevine-based GameStop offered $55.5 billion in cash and stock for the online auction marketplace. A Wall Street Journal editorial called the proposal "the equivalent of a smelt swallowing a whale," given that GameStop has a market cap of $11 billion and it's trying to chomp up the much larger eBay, whose market cap is $46 billion.
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Fort Worth’s Bell, Near Earth Autonomy To Partner on Pilotless U.S. Marine Cargo Helicopter
by | May 1, 2026
An autonomous version of Bell Textron's Bell 505 helicopter could one day swoop into battle zones, delivering critical cargo and munitions to Marines on the ground—without putting a single crew person at risk.
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Leap Event Technology Promotes President to CEO & President

by | Apr 30, 2026
“Data is the most valuable asset in live events today, and we are strategically positioning our company to help our clients fully harness it,” said Leap Event's CEO and President Michael Marty.
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Patient Access AI Co. SpinSci Names New Chief Product Officer
by | Apr 30, 2026
Shoeb Javed has more than three decades of leadership experience in enterprise software product organizations, including senior executive product leadership roles at iGrafx, Worksoft, and Variview Technology.
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Match Group Invests $100M in Map-Based Cruising Platform Sniffies, With Path to Full Ownership
by | Apr 30, 2026
The Dallas-based dating company is backing the fast-growing app—which Reuters called a Grindr rival—with an option to acquire it outright, part of an investment approach Match says it has used before, including with Hinge.
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Geoforce AssetLink Inks U.S. Army Rail Car In‑Transit Visibility Contract
by | Apr 30, 2026
The U.S. Army asset-tracking award follows Plano-based Geoforce's January acquisition of Phoenix's AssetLink Global, a pioneer in secure satellite- and cellular-enabled asset tracking and sensor integration.
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