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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

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Davis wins, uh, Bum Steer award

Fort Worth State Sen. Wendy Davis won…well, O.K., she lost the Nov. 4 gubernatorial election to Republican Greg Abbott, but she did win Texas Monthly magazine’s annual “Bum Steer of the Year” award for her campaign.

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IBM buying Dallas-based cloud computing company SoftLayer

 

ARMONK, N.Y. (AP) — IBM is buying cloud computing company SoftLayer Technologies Inc. to expand its online software business.

Financial terms were not disclosed Tuesday.

SoftLayer is a privately held company based in Dallas with 13 data centers in the U.S., Asia and Europe.

Software stored and accessed on the Internet is increasingly popular with businesses because it lets workers in from any Internet-connected device. IBM Corp. started its cloud business in 2007 and has spent $4.5 billion on cloud-related acquisitions in the past five years, according to spokeswoman Colleen Haikes. The Armonk, N.Y., company anticipates hitting $7 billion annually in cloud revenue by the end of 2015.

The acquisition is expected to close in the third quarter. Once the transaction is completed, SoftLayer and IBM's existing SmartCloud unit will be combined in a Cloud Services division under the charge of Erich Clementi, a senior vice president at IBM.

Shares of IBM fell 71 cents to $208.24 in morning trading.


 

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Did the College Football Playoff Committee get it right?