Business

 

 

McKinney’s Cytracom Acquires San Francisco Cybersecurity Co. Telivy

by | Jan 18, 2025
Cytracom said that acquiring Telivy "accelerates its expansion" into Security and Risk Management (SRM), complementing its established Secure Access Service Edge and Unified Communications as a Service solutions.
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RumbleOn Chairman to Become CEO, New COO and Vice Chairman Announced
by | Jan 16, 2025
Irving-based RumbleOn operates through two operating segments, its Powersports dealership group and Wholesale Express LLC, an asset-light transportation services provider focused on the automotive industry.
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Keurig Dr Pepper Evolves Its C‑Suite to Support Growth Plan
by | Jan 16, 2025
"We've been intentional about building a deep bench of talent, and we are fortunate to have leaders who are seasoned, forward-thinking and ready to step into these critical roles," CEO Tim Cofer said of the three C-suite moves.
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La Madeleine Appoints Former Denny’s Exec as Its New President
by | Jan 16, 2025
John Dillon will be responsible for creating a dynamic strategy to drive sales, increase the number of franchise partners, expand the brand's market presence, and further enhance plans around store-level profitability, operational efficiency, restaurant design, guest experience, marketing, and menu innovation.
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UTA Physicist Gets $1.3M Grant To Advance Innovation in U.S. Magnet Manufacturing

by | Jan 16, 2025
The project, led by UTA physicist J. Ping Liu, seeks to make the mining of critical rare earth elements more cost-efficient and environmentally sustainable by using cheaper, more abundant materials—helping to boost U.S. production of high-performance magnets.
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AGI Will Enable ‘Fully Autonomous Businesses,’ Richard Margolin Says, So Companies Should Prepare by Automating More Complex Tasks Now
by | Jan 16, 2025
The RoboKind co-founder and current CTO at Highwire Capital—and AI 75 honoree—talks about the ability of artificial intelligence to create value, how Highwire is transforming business by matching traditional companies with innovative technologies, and the surprising thing he does for exercise.
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Shield AI Opens Office in Kyiv to Train Ukrainians on North Texas-Developed V‑BAT Drones
by | Jan 16, 2025
Three years after acquiring Plano-based Martin UAV and its innovative V-BAT drones, San Diego-based Shield AI is now on the ground in Kyiv. Its team is working with Ukrainian drone operators, delivering training that will prepare them for deploying V-BATs to the front lines of the country's war with Russia.
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Topaz Labs Is Expanding Its Addison HQ, Plans 130 New Tech Jobs
by | Jan 16, 2025
Founded in the CTO's guest bedroom in 2006, Addison-based Topaz Labs has enhanced over 1 billion photos worldwide with its "one-click," deep learning-based image and video editing software. With a $200K grant from the town of Addison, it's nearly tripling the size of its HQ as it sharpens its focus toward growth.
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Plano-Based Aligned Data Centers Raises Over $12B in Equity and Debt Capital

by | Jan 15, 2025
The company said the raise encompassed new primary equity from funds managed by Macquarie Asset Management, alongside multiple large global investors with significant experience in digital infrastructure.
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London-Based Global Investment Firm Partners Capital Opens Dallas Office
by | Jan 15, 2025
Partners Capital, with over $60 billion in assets under management, said its new Dallas office reinforces its long-standing commitment to local endowments, foundations, family offices, and private clients.
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The Last Word: On Irving-Based Caterpillar Celebrating Its 100th Aniversary in 2025
by | Jan 15, 2025
Last week, Irving-based Caterpillar marked its 100th anniversary year with celebrations throughout the U.S. commemorating "a monumental moment" in the company's history. The company officially turns 100 on April 15, marking a century of "customer-centric innovation and industry-leading transformation"
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Dallas’ Colossal Biosciences Becomes Texas’ First Decacorn, Securing $10.2B Valuation With Series C Funding
by | Jan 15, 2025
Best known for its moonshot mission to revive the woolly mammoth, Colossal Biosciences has secured $200 million in Series C funding led by TWG Global. The world's first de-extinction company, founded in 2021 by entrepreneur Ben Lamm and renowned Harvard geneticist George Church, Colossal Biosciences is working to restore Earth's lost biodiversity, "making science fiction into science fact."
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Dallas’ Venture Metals + Acquires Companies in Arizona and Pennsylvania

by | Jan 14, 2025
Based in Philadelphia and founded in 1939, Thalheimer is a non-ferrous scrap metal processor of copper, brass, stainless steel, and other metals, selling to foundries, refiners, and mills globally. It acquired Phoenix-based Mega Metals in 2018.
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Canada’s CRAFT Restaurant & Beer Market To Open First U.S. Location in Dallas
by | Jan 14, 2025
CRAFT's first U.S. location—featuring more than 100 beers on tap "including local Texas brews"—is coming to Dallas' Preston Center. In 2019, its founder, PJ L’Heureux, partnered with Tom Gaglardi, owner of the Dallas Stars and the Moxies Restaurants, setting the stage for expansion into the U.S. market.
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Dallas’ Access Healthcare Gets Growth Investment from NYC’s New Mountain Capital
by | Jan 14, 2025
"Through our partnership with New Mountain, we're positioned to scale more rapidly, invest in next-generation technologies, and continue providing the platform upon which our clients rely," said Access Healthcare Vice Chairman Vardhman Jain. "By combining our strengths, we'll drive innovative solutions and create even greater value for the healthcare industry."
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CBRE Group To Acquire NYC-Based Coworking Company Industrious, Valuing It at $800M
by | Jan 14, 2025
Dallas-based CBRE had previously invested in Industrious—a flexible workspace provider with more than 200 units across over 65 cities—through a roughly 40% equity interest and a $100 million convertible note. CBRE said it will acquire the remaining equity stake in Industrious for around $400 million.
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