New DataBank CFO Ben Lowe, left, takes over finance from Kevin Ooley, center, who becomes CEO in 2027. Current CEO Raul Martynek, right, will become executive chairman. [Photos: DataBank, Dallas Innovates files]
Ben Lowe succeeds President and CFO Kevin Ooley, who will transition to CEO in 2027. That’s when current CEO Raul Martynek will become executive chairman.
The DataBank Employee Ownership Program "has the potential to generate a meaningful wealth-building opportunity" by providing a one-time bonus of up to 12 months compensation in addition to an employee's regular salary and benefits, the company said.
The Dallas-based company said the financing consists of two separate transactions: $188 million in equity raised from existing and new investors, and a $345 million construction loan for a new data center under development in the Atlanta market.
Addison-based Heads Up Technologies, which makes technology for aircraft cabins, agreed to be acquired by Thornton, Colorado-based Signia Aerospace for an undisclosed amount.
Heads Up, founded in 1985 and owned by private equity firm JLL Partners, makes a variety of aircraft cabin systems....
When Texas Woman’s University publicly launched its first-ever major fundraising campaign in September 2023, the goal was ambitious: raise $125 million by the Denton school’s 125th anniversary in 2026.
With less than two months remaining in the fundraising effort, the university isn’t just on track to meet that milestone — it’s blown past it....
Addison-based Heads Up Technologies, which makes technology for aircraft cabins, agreed to be acquired by Thornton, Colorado-based Signia Aerospace for an undisclosed amount.
Heads Up, founded in 1985 and owned by private equity firm JLL Partners, makes a variety of aircraft cabin systems....
When Texas Woman’s University publicly launched its first-ever major fundraising campaign in September 2023, the goal was ambitious: raise $125 million by the Denton school’s 125th anniversary in 2026.
With less than two months remaining in the fundraising effort, the university isn’t just on track to meet that milestone — it’s blown past it....