Business

 

 

Taking Clean Water ‘Private’: Progressive Water Treatment Relocates HQ from McKinney to Sherman as It Grows Texas Footprint

by | Sep 11, 2024
PWT said its new Sherman headquarters will enable it to respond even more rapidly to customer demand while ramping up its production "in a safe and sustainable way." The division of fintech Water on Demand is part of a move by local industries and communities to take clean water "private," the companies said.
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North Texas-Based Redwood Software To Be Acquired by Austin and New York PE Firms
by | Sep 11, 2024
While terms of the deal were not disclosed, Reuters reported in August that Turn/River Capital was exploring a sale of Frisco-based Redwood—a global provider of automation fabric solutions—to other private equity firms in a deal that would value Redwood at $2.5 billion, including debt. The company serves more than 7,500 customers globally, including 28% of the Fortune 500 and 40% of the Fortune 50.
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The Last Word: Dallas-Based LTK’s Amber Venz Box On Competing With Tech Giants
by | Sep 11, 2024
Dallas-based LTK is proving that North Texas startups can go toe-to-toe with Silicon Valley giants. In a recent interview with Axios, Amber Venz Box discussed the company's impressive growth in the creator economy space.
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AT&T and AST Space Mobile to Launch the First ‘Dead Zone’-Busting Satellites for Everyday Cell Phones Thursday
by | Sep 11, 2024
If you stay up late tonight—or get up very early—you can watch a live feed of the Cape Canaveral launch of AT&T and AST SpaceMobile's first five satellites to bring space-based calling to everyday cell phones. Dallas-based AT&T said this is the first step toward potentially eliminating “dead zones" everywhere from rural highways to national parks and more.
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This week, newly granted patents also include:

  • ADT's customer experience diagnostics in premises monitoring systems
  • AT&T's framework for a 6G ubiquitous access network
  • Bank of America's geolocation security using biometric analysis
  • Capital One's automated vehicle trade-in with limited human interaction
  • Electrolux's system for integrated device connectivity and agile device control for dynamic object tracking and management
  • Forescout Technologies' AI-driven classifier using a defined taxonomy framework
  • Lasso Technologies' through-the-wall tank level measurement with telemetry and millimeter wave radar
  • McWane's remote monitoring of water distribution system
  • Micron's cloud-service on-boarding without prior customization of endpoints
  • Oracle's future transaction processing
  • Palantir Technologies' fault-tolerant and highly available configuration of distributed services
  • Surgisil's lip implant


Patented: Alcon’s Voice‑Controlled Surgical System and More North Texas Inventive Activity

Dallas-Fort Worth ranked No. 8 for patent activity out of 250 metros for the week of August 27, with a total of 122 patents granted.

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Children’s Health, Investing Partners Back Pieces Technologies With $25M to Advance AI in Hospital Care
by | Sep 10, 2024
"Our mission is to help those who help others," says Pieces Technologies CEO Dr. Ruben Amarasingham. With $25M in growth funding, Dallas-based Pieces is gearing up to transform hospital care with AI that streamlines clinical workflows and eases the load on care teams.
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DataBank Announces New 480MW North Texas Data Center Campus Featuring Eight Two‑Story Data Centers
by | Sep 10, 2024
DataBank is building a 480MW data center campus in Red Oak, its third new campus announced in the past 12 months. Construction is underway, with the first phase set to be operational by the second quarter of 2026, aimed at meeting the growing demand from A.I. and cloud applications.
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The Last Word: Cinemark CEO on Company’s Best‑Ever September Box Office Weekend
by | Sep 10, 2024
Plano-based Cinemark Holdings had a lot of popcorn to pop last weekend, thanks to a sequel to a huge 1988 Gen X hit. The company achieved its all-time best September domestic box office weekend driven by "Beetlejuice Beetlejuice," which also notched Cinemark's biggest domestic opening weekend box office for a September title. And one more record got hilariously, demonically set: a new September mark for Cinemark's September weekend food, beverage, and premium format sales.
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BioNTX Unveils 2024 Rising Stars: 8 Innovative North Texas Companies Shaping Life Sciences

by | Sep 9, 2024
The innovators will be recognized at the 10th Annual BioNTX iC³ Life Science & Healthcare Innovation Summit. The signature event is set for October 3-4 at the new Loews Arlington Convention Center in Arlington.
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Westlake’s ECI Software Solutions Acquires Cloud-Based ERP Khameleon Software
by | Sep 9, 2024
The strategic acquisition grows ECI's distribution portfolio with "powerful technology" designed to support long-term needs and future growth plans for its commercial furniture dealer customers, ECI said.
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Dallas’ Winchester Carlisle Companies Snags $35M Investment
by | Sep 9, 2024
Founder and CEO Richard Dix said the new capital investment "allows us to refocus our efforts on the single-family for-sale business and expand our homebuilding operations into more markets across North and Central Texas."
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Blacklane Launches ‘City-to-City’ Limo Routes in Dallas as a Short-Haul Flight Alternative
by | Sep 9, 2024
Berlin, Germany-based Blacklane said the new business routes offer travelers a "reliable and seamless alternative" to commuter air and train transportation. The Dallas routes include travel to Abilene, East Texas Regional Airport near Longview, Oklahoma City, Texarkana, Tyler Pounds Regional Airport, Waco, and Wichita Falls.
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Dallas’ VineBrook Homes Trust Names New CEO and CFO

by | Sep 6, 2024
The REIT said that John Good was appointed CEO, a role previously held by Brian Mitts, who remains president of the company as well as a member of the board of directors. Paul Richards was appointed VineBrook's CFO, assistant secretary, and treasurer, positions also previously held by Mitts.
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Quiddity Engineering Appoints Veteran Engineer as GM of  North Texas Region
by | Sep 6, 2024
The Plano-based company said David Kochalka will play a pivotal role in strengthening its leadership and operational focus in North Texas by bringing his "extensive engineering experience" to Quiddity.
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Arlington-Based Homebuilder D.R. Horton Adds 3 Independent Directors to Its Board
by | Sep 6, 2024
Barbara R. Smith, M. Chad Crow, and Elaine D. Crowley join the board at a busy time for the company. In the 12-month period ended June 30, D.R. Horton closed 88,971 homes in its homebuilding operations, in addition to 5,284 single-family rental homes and 2,916 multi-family rental units in its rental operations.
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Dallas-Based Walnut Hill Medical Names New President Following Recent Rebrand
by | Sep 6, 2024

Walnut Hill Medical has appointed Chris Jordan as the new president of the Dallas-based provider of market access, DME, and preauthorization solutions.

The company, which rebranded last month from Pacific Therapy Access to Walnut Hill Medical, said Jordan brings a wealth of experience and leadership to Walnut Hill Medical, marking a significant milestone in the company’s ongoing growth....

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