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Hitachi Communication Technologies America Inc. has opened a new facility in Richardson’s Telecom Corridor. The operation will focus on developing network infrastructure support for what’s known as the fourth generation of mobile communications, or “4G.”

The Dallas-based bank signed an 11-year lease for 80,000 square feet at 2350 Lakeside Blvd. ­— one of the largest office leases in the city in more than a year. Texas Capital plans to move into the space in early June.

Dallas Business Journal – by Bill Hethcock Staff writer

Fujitsu Network Communications, a leading supplier of innovative optical and wireless networking solutions, today announced an expansion of existing laboratory facilities at their Richardson headquarters to support next-generation wireless technologies, including Long Term Evolution (LTE).

As the national recession sets in across the land in 2009, there are still a number of bright spots in North Texas, particularly in Richardson. What has made Richardson resilient to economic stress is our recovery from the 2001 tech downturn. Learning from that experience, Richardson emerged stronger, more diversified and better positioned to handle the current economic crisis. Now, ironically, the technology companies are among our brightest performers.

BusinessWeek magazine recently ranked the City of Richardson second in the state of Texas as the best, most affordable place to raise children. The magazine partnered with OnBoard Informatics, a Manhattan-based provider of real estate analysis, to determine each state’s best affordable cities for raising children.

Acknowledging the Richardson Economic Development Partnership (REDP) for its innovative entrepreneurship-based program, the International Economic Development Council (IEDC) recognized the Richardson, Texas-based entity with an Honorable Mention at IEDC’s Annual Conference, which took place in Atlanta, Georgia, October 19-22. The organization was noticed for this achievement during an awards ceremony on Tuesday, October 21st.