Paragon Innovations
Paragon Innovations is a Richardson, Texas-based engineering and product-development firm serving clients across the United States.
Last updated August 31, 2026
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Overview
Paragon Innovations is an engineering and product-development services firm headquartered in Richardson, Texas. Founded in 1990, the company works with clients to develop electronic, electromechanical, embedded, wireless, connected, and medical products from early concepts through engineering and commercialization activities. Its service capabilities include electrical engineering, embedded-system design, mechanical engineering, industrial design, and business-incubator support. The firm has developed products for a range of industries rather than concentrating on a single consumer category. Areas identified in reference material include medical devices, video and camera technology, Internet of Things applications, and portable wireless devices. Its project work has included a video-display controller for 3M, an airport video-docking system for Siemens, an automated infusion pump for B. Braun, a drilling-data transmission system for Advantage R&D, a handheld ignition-interlock device for Smart Start, and a medication-temperature monitoring device for Kewl Innovations. These examples illustrate Paragon's role as an outsourced engineering and product-development partner rather than as a mass-market product brand. Paragon has also maintained a close relationship with Texas A&M University. The company is described as Aggie-owned and has sponsored university entrepreneurship, technology-transfer, and engineering-design activities. Its involvement has included the Annual Ideas Challenge, the MBA Tech Transfer Challenge, McFerrin Center for Entrepreneurship events, and the Senior Capstone Experience in the Electronic Systems Engineering Technology department. The company has provided a $10,000 grant for the senior capstone program, supporting student teams developing demonstrable prototype devices or systems with potential commercial applications. Paragon personnel have also participated in university teaching, guest lectures, advisory groups, and industry committees. The business received recognition through the Aggie 100 program, which honors rapidly growing Aggie-owned or Aggie-led companies, in 2005, 2006, and 2010. It was also listed twice by the Dallas Business Journal among its Fast Tech 50 companies and was ranked 86th on the SMU Cox School of Business Dallas 100 list. These recognitions indicate a period of substantial growth, although the available reference material does not provide revenue, employee, or valuation figures. In August 2021, TTI, Inc. acquired Paragon Innovations for an undisclosed amount. TTI is a Berkshire Hathaway company and a distributor of electronic components. The acquisition placed Paragon within a larger electronics-oriented corporate group while preserving its identity as an engineering and product-development organization. Publicly available reference material does not establish a subsequent rebranding, a change in headquarters, or a detailed post-acquisition operating structure.
History
Paragon Innovations was established in 1990 as an engineering and product-development business in Texas. Its operating model has centered on serving other organizations that need specialized engineering capabilities for new products, rather than selling a single branded product line directly to consumers. Over time, the firm expanded its capabilities across electrical engineering, embedded systems, mechanical engineering, industrial design, and related product-development work. The company's project portfolio has covered several technically demanding sectors. In video and display technology, Paragon developed a video-display controller for 3M's early flat-screen presentation work. For Siemens, it worked on an airport video-docking system intended to provide pilots with precise guidance during aircraft docking. In medical technology, it developed an automated infusion pump for B. Braun, with the stated goal of reducing intravenous medication errors and improving patient safety. Other cited assignments included a drilling-data transmission system for Advantage R&D, a next-generation handheld ignition-interlock device for Smart Start, and a compact device for Kewl Innovations designed to monitor and control medication temperature over multiple days. Paragon's stated areas of specialization have included medical devices, video and camera systems, Internet of Things products, and portable wireless devices. The breadth of these projects suggests a development approach that combines hardware engineering, embedded software, mechanical design, and industrial design. The company has also described business-incubator support, indicating that its role can extend beyond individual engineering tasks toward helping develop and commercialize emerging product concepts. A significant part of Paragon's institutional identity has been its connection with Texas A&M University. The firm is described as Aggie-owned, and many employees are Texas A&M graduates. It has sponsored the university's Annual Ideas Challenge, the MBA Tech Transfer Challenge organized through the Mays Business School's entrepreneurship center, and events associated with the McFerrin Center for Entrepreneurship. It has also supported the Senior Capstone Experience in the university's Electronic Systems Engineering Technology department through a $10,000 grant. Company personnel have contributed as lecturers, guest speakers, and members of university advisory and industry committees. During its growth period, Paragon received several business recognitions. It was named to the Aggie 100 list in 2005, 2006, and 2010. The Dallas Business Journal also recognized it twice on its Fast Tech 50 list, while the SMU Cox School of Business ranked it 86th on the Dallas 100 list. The available material does not specify the underlying growth rates or financial measures for these honors. In August 2021, TTI, Inc. acquired Paragon Innovations for an undisclosed price. TTI is part of Berkshire Hathaway and operates in the electronics supply chain. The transaction connected Paragon's engineering capabilities with a larger electronics-focused corporate group. Available reference material does not indicate that the Paragon name was discontinued or that the Richardson operation was relocated. Accordingly, the company is best described as an active engineering-services brand operating under TTI ownership, while details of its current management, scale, and post-acquisition strategy remain insufficiently documented.
- 2021
Acquisition by TTI
[1]TTI, Inc., a Berkshire Hathaway company, acquires Paragon Innovations for an undisclosed amount.
- 2010
Third stated Aggie 100 recognition
[1]Paragon is again recognized by the Aggie 100 program.
- 2006
Second stated Aggie 100 recognition
[1]The company receives another Aggie 100 recognition.
- 2005
First stated Aggie 100 recognition
[1]Paragon is recognized by the Aggie 100 program for its growth as an Aggie-owned or Aggie-led business.
- 1990
Paragon Innovations is founded
[1]Paragon begins operations as a Texas engineering and product-development firm.
Products and positioning
A Texas-based outsourced engineering and product-development partner focused on turning client concepts into engineered prototypes and commercial products, with particular experience in embedded electronics, connected devices, medical technology, video systems, and portable wireless products.
Engineering service
Electrical engineering services
Paragon provides electrical-engineering support for client products, including the design and integration of electronic hardware used in display, medical, wireless, industrial, and connected-device applications. The available reference material presents this as a core service rather than a separately branded product line.
Engineering service
Embedded system design
The company designs embedded systems for products that require dedicated electronics, firmware, sensing, control, communications, or real-time operation. Cited applications include medical devices, video systems, portable wireless products, and Internet of Things equipment.
Engineering service
Mechanical engineering and industrial design
Paragon combines mechanical engineering and industrial design for physical product development. These capabilities support enclosure design, device form factors, usability, and integration of electronic systems into manufacturable products.
Commercialization service
Business incubator support
Paragon's business-incubator offering supports early-stage product concepts and commercialization efforts. The referenced material does not define a separate incubator program, investment model, or portfolio, so the service is best understood as product-development and commercialization assistance.
Brand decisions
2021
Paragon joins TTIM&ABackground
TTI, Inc. acquired Paragon Innovations as part of its broader electronics-related business group.
Action taken
The acquisition was completed in August 2021, with the purchase price not publicly stated in the supplied reference.
Aftermath
Paragon continued to be identified as an engineering firm based in Richardson, Texas. The available material does not describe changes to its brand, leadership, or operating footprint.
Recent events
- 2021
TTI acquires Paragon Innovations[1]
M&A
TTI, Inc., identified as a Berkshire Hathaway company, acquired Paragon Innovations in August 2021. The transaction value was not disclosed.
- 2010
Paragon Innovations receives Aggie 100 recognition[1]
Other
Paragon received a third stated Aggie 100 recognition for its growth as an Aggie-owned or Aggie-led business.
- 2006
Paragon Innovations receives further Aggie 100 recognition[1]
Other
The company was again included among the businesses recognized by the Aggie 100 program.
- 2005
Paragon Innovations receives Aggie 100 recognition[1]
Other
Paragon was recognized in the Aggie 100 program, which honors fast-growing businesses owned or led by Texas A&M alumni or affiliates.
Sources1 sources
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