News on capital raises, mergers and acquisitions, private equity, and grant funding across Dallas-Fort Worth. From early-stage funding to public exits, here’s a look at deals making business news in the region.
The acquisition reinforces Shermco’s key services, expands its footprint in Central Texas, and supports its strategic expansion in the rapidly growing data center market, the company said.
The transaction signals a leadership transition for Caldwell Velnambi, founder and former chairman of NoblQ, and Nepoleon Duraisamy, former co‑chairman and chairman & CEO of its subsidiary, Jeevan Technologies, both of whom have sold their remaining interests in the company.
AT&T's current Discovery District headquarters in downtown Dallas. The company is relocating its HQ to a 54-acre site in Plano. [Photo: AT&T]
The North Texas Angel Network invested $125,000 in Glidance Inc. in 2025, among several deals the Richardson-based group made during an active year. The startup's product, Glide, is an autonomous, self-guided mobility aid for people who are blind or have low vision. [Photo: Glidance/North Texas Angel Network]