Business

 

 

Irving-Based Flowserve Completes $305M Acquisition of Houston’s MOGAS Industries

by | Oct 17, 2024
Flowserve said it used cash to fund the deal's purchase price of roughly $305 million, including the potential earnout. Operating in more than 50 countries, Flowserve is one of the world’s top providers of fluid motion and control products and services.
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‘Revolving Kitchen’ Food Hall and Culinary Incubator Opens Next Week in Fairview
by | Oct 17, 2024
Revolving Kitchen Fairview will be a community-driven space in the Fairview Town Center designed to support entrepreneurs by offering high-quality kitchen rentals and essential business amenities. Featuring 34 fully equipped commercial kitchens, it will integrate into Revolving Kitchen's Virtual Food Hall app, enabling customers to bundle orders from several of the venue's restaurants into one transaction.
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North Texas’ Ultimate Coding Championship Levels Up: Streaming Reality Show Renewed for 2025
by | Oct 17, 2024
Software engineering becomes an exciting spectator sport as top tech talent races against the clock, tackling global issues from agriculture to accessibility, with real-world challenges and big cash prizes at stake. Here's how to watch—or become a contender.
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‘Revolutionary’ Virtual Production Stages Opened by Trilogy Studios in Fort Worth
by | Oct 17, 2024
Now you see it, now you don't: Virtual film production can bring limitless vistas onto a soundstage with the flick of a digital button. Now a new three-stage virtual production studio is set to bring creative visions to life, via a partnership between Fort Worth's Trinity Broadcasting Network and Seattle-based integrator Optic8.
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Cytracom Relocating HQ to District 121 in McKinney, Aims to Double Staff by Late 2025

by | Oct 16, 2024
The growing company, previously headquartered in Allen, said the move is part of a larger strategy to tap into the area's tech talent pool.
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Dallas-Based Worlds’ Pioneering ‘Large World Model’ Platform Could Be the Next Leap Forward in AI’s Evolution
by | Oct 16, 2024
CEO Dave Copps says Worlds is delivering AI for the real world, in real time. Spotlighted by Gartner, Worlds’ breakthrough tech for enterprise creates a dynamic “index of everything” from any camera or sensor. The goal? To radically transform how organizations monitor, measure, and automate their operations.
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Brazil’s Embraer To Invest up to $70M in New Regional Jet Facility at Fort Worth’s Perot Field
by | Oct 16, 2024
The company said it expects to begin operations in an existing hangar next year while building a second hangar that should be finished by 2027 to support its growing fleet of regional E-Jets.
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Patented: Dallas-Based Worlds’ Object Tracking in a Virtual 3D Space and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 11 for patent activity out of 250 metros for the week of Oct. 1, with a total of 133 patents granted.
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Dallas-Based DataBank Announces $2B Equity Raise Led by $1.5B from AustralianSuper

by | Oct 15, 2024
DataBank—which recently announced a planned 480MW data center campus south of Dallas—said the capital raise was oversubscribed and, in addition to the $1.5 billion from AustralianSuper, included another $483 million in commitments from "existing investors."
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AT&T and AARP Join Forces for Senior Cyber Safety with Tech Kits for Nonprofits
by | Oct 15, 2024
With seniors losing $3.4B to cyber scams yearly, the Dallas telecom giant teamed up with AARP and rallied employees to craft senior-savvy tech kits for nonprofits.
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InspiroGene by McKesson Unveils ‘First-of-its-Kind’ Report on State of the Cell and Gene Therapy Landscape
by | Oct 15, 2024
Newly launched InspiroGene conducted a survey of 124 oncologists to better understand the current use of cell and gene therapies—and possible barriers to future adoption. The report proposes possible solutions to broaden access for more patients.
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From Forest Baths to Recharge Rooms: How One North Texas Entrepreneur Is Transforming Workplaces Into Destinations
by | Oct 15, 2024
Marissa Heyl is rewiring the workplace—with design. Her Inclusive Wellness Design firm uses neuroscience to create joy-inducing, productivity-boosting spaces that give employees another reason to step away from the home office. Think "happy brain chemicals" meets cutting-edge design, with a dash of "Meow Wolf-meets-Miraval" thrown in for good measure.
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Lockheed Martin Names New Head of F‑35 Lightning II Program in Fort Worth

by | Oct 11, 2024
Chauncey McIntosh will take up the post on Dec. 1. He succeeds Bridget Lauderdale, who'll be retiring at the end of the year following a 38-year career with the company.
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AECOM Names Chief Executive of New Water and Environment Global Business Line
by | Oct 11, 2024
Jill Hudkins's appointment—and the formation of the new advisory business—mark key milestones in AECOM's growth strategy, the Dallas-based infrastructure consulting firm said.
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North Texas’ ShiftKey Names Vice President of AI
by | Oct 11, 2024
ShiftKey said Ashish Pagey is taking on a new strategic role that underscores the company's commitment to innovation and responsibly leveraging cutting-edge technology to drive efficiency, support better decision-making, and improve business outcomes.
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Irving’s SignaPay Announces New Vice President of Sales
by | Oct 11, 2024
Sara Egan has more than 18 years of experience in the payments industry. SignaPay said she brings a wealth of knowledge and a proven track record of fostering growth through strategic partnerships.
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