Plano

Lucid Private Offices Expands DFW Presence with New Class A Office in Plano

by | Feb 15, 2023
The company will occupy the fifth floor of the state-of-the-art, newly constructed class A office building at 6275 W. Plano Parkway. “Lucid Private Offices is proud to be growing and expanding during a time when many companies are scaling back," said Executive Director Tosha Bontrager.
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First Look: NexPoint Unveils Plans for Massive TxS Life Sciences District in Plano
by | Feb 7, 2023
Dallas-based alternative investment firm NexPoint has revealed details and renderings of its planned 200-acre TxS District, short for "Technology x Science." Centered on the former headquarters campus of EDS in Plano's Legacy development, the life sciences hub could eventually offer over 4 million square feet of lab, office, and therapeutic production space. "Not only would this project be a major economic catalyst for the region, but it would also establish North Texas as a leader in life sciences," says James Dondero, NexPoint founder and principal.
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Alkami Technology Launches ‘Fisionairies’ Podcast Aimed at Financial Institutions
by | Feb 3, 2023

Plano-based Alkami Technology Inc. announced the launch of a podcast series, FIsionaries, to provide regional and community banks and credit unions with insights, tips, and strategy to elevate their digital banking game....

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Report: ‘Rich Renter’ Households in DFW Up as Much as 198% in Five Years
by | Feb 3, 2023
RentCafe said that while the number of high-income renters in Dallas rose by 74% and sits at 6% of the city's total renters between 2015 and 2020—peaking at 17,257— he number of high-income renters rose even more dramatically in other North Texas cities. Garland saw a rise of 198%, McKinney 186%, Plano 103%, and Frisco 93%. High-income renters in Frisco may look into places like the luxury Remy apartments (above), coming to Frisco Square in 2024.
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Frisco and McKinney Rank Among the Top 5 Cities in the U.S. to Rent New Apartments

by | Jan 20, 2023
The report by RentCafe—"Top 50 Cities for Finding New Apartments in 2023"—ranks Frisco and McKinney as the No. 4 and No. 5 cities in the U.S. for finding an apartment that only a limited number of people, or maybe even no people, have lived in before. Two other Dallas suburbs made the list as well: Richardson at No. 25 and Plano at No. 42.
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Former SMU in Plano Campus Will Be Repurposed as the Elevar Creative Office and Tech Hub
The former "SMU in Plano" campus, a four-building, 16-acre site at at 5228 Tennyson Parkway, is being renovated into a creative office and tech hub called Elevar, the Dallas Morning News reports.
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Fortress Solutions Names New Chief Executive Officer
by | Dec 23, 2022

Plano-based Fortress Solutions has appointed John Shelnutt as its chief executive officer, replacing Brendon Mills, who resigned to pursue other opportunities.

Fortress Solutions is a global provider of critical infrastructure management and support services for telecommunications carriers, wireless networks, electronic vehicle charging stations, and IoT devices.

“Fortress has an incredibly deep bench of talent that has gained the respect of the largest telecom companies in the world and other providers of critical infrastructure for many years,“ Shelnutt said in a statement....

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$1.7B Cybersecurity Firm Trellix Appoints New Chief Information Security Officer To Be Based Out of New Plano Office

by | Dec 15, 2022
Trellix is a cybersecurity firm created last January via a merger between McAfee Enterprise and FireEye Security Holdings, leading to a $1.7 billion valuation. The company is opening an 85,000-square-foot office in Plano's Legacy West Urban Village to house the employees and assets of its local operations. Based in San Jose, California, Trellix has 4,500 employees worldwide.
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Toyota, Oncor Collaboration Will Put a Charge in Vehicle-to-Grid Research
by | Dec 15, 2022
The companies will collaborate on a pilot project on vehicle-to-grid technology, which allows vehicles to flow energy from their battery packs to the electric grid. "We envision a future where Toyota BEVs provide a best-in-class mobility experience, but also can be utilized by our customer to power their homes, their communities, or even power back the electric grid in times of need," said Toyota's Christopher Yang.
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NTT Data Innovation Index: 93% of Execs Think AI Will Be in Common Use Within 2 Years
by | Dec 13, 2022
The Plano-based digital business and IT services giant's research shows that businesses are focused on growing and increasing profitability. The economic climate may reduce short-term investments, but long-term trends are sustainable. Keeping up with the evolving market is key: “Digital transformation is a continuous journey, not a one-and-done investment,” says NTT Data Chief Digital Officer Tanvir Khan.
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Innovative Educator and CCBA Leadership Award Winner Michael Sorrell Has a Simple Request: ‘Please Say Yes’
by | Dec 9, 2022
Paul Quinn College President Michael Sorrell has a vision for a global network of Urban Work Colleges that take aim at intergenerational poverty and "smash it." The first one opened in Plano in 2018.

Accepting a leadership award from the Collin County Business Alliance, Sorrell asked his staff and students to stand up. Why? Because "they're going to come see you and talk to you about hiring students to work at your companies," Sorrell told the audience filled with local business leaders. "And I want everyone to practice this with me: 'Yes.'
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Cognizant to Acquire Dallas-Based Consultancy AustinCSI

by | Nov 29, 2022

IT services and consulting company Cognizant announced it has agreed to buy AustinCSI, a Dallas-based digital transformation consultancy specializing in enterprise cloud and data analytics advisory services.

New Jersey-based Cognizant said the acquisition complements its technology prowess and vertical industry expertise, enriching its advisory capabilities for delivering comprehensive digital strategy as well as innovative solutions to clients....

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BGSF Appoints Chief Digital Officer to Leadership Team
by | Nov 28, 2022

BGSF Inc., a Plano-based national provider of consulting, managed services, and workforce solutions, announced that Melissa Phillips has been appointed to the new strategic role of chief digital officer on the company’s executive leadership team....

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South Korean EV Charging Company Picks Plano for Its First U.S. Manufacturing Facility
by | Nov 15, 2022
Seoul-based SK Signet said its new Plano facility will produce a range of fast-charging solutions, including providing the first U.S.-manufactured ultra-fast chargers and power cabinets that offer more than 350kW of power. Expected to reach full capacity by July 2023, the facility will bring up to 183 highly skilled jobs and produce more than 10,000 fast chargers per year.
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Ericsson Sets Data Speed Record of Over 1Gbps During 5G Indoor Trial
by | Nov 7, 2022
Ericsson said the trial was conducted over a live Citizen's Broadband Radio Service network at its North America HQ in Plano. Now, with the ability to get 5G gigabit speeds indoors along with advanced capabilities, Ericsson says enterprises can feel confident in deploying Private 5G networks.

"We're excited to continue pushing the envelope of what is possible with 5G," Ericsson's Paul Challoner said.
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