AND ANOTHER ONE: Dell Technologies latest to redomesticate to Texas.

In response, Gov. Greg Abbott said, “Welcome home, Dell. For over 40 years, Texas has been where Michael Dell built and innovated. Now, Dell Technologies is bringing its legal home to Texas. This is what happens when job creators and innovators are welcomed, not punished. More businesses are sure to follow.”

Dell is the latest company to announce its redomiciling its legal headquarters to Texas.

ExxonMobil Corporation announced its Board of Directors unanimously recommended its shareholders approve changing its legal domicile from New Jersey to Texas in March, The Center Square reported.

The main reason companies are citing is Texas’ new business court and regulatory framework.

Previously: Elon Musk Didn’t Just Leave Delaware — He Started a Stampede.