I attended a fun and interesting first time event this past Tuesday, an event I hope stays around for some time.
It was the inaugural launch of the Utah Genius Awards, an event designed to recognize and promote Utah’s top inventors and innovators — those in the state who are awarded the most patents or most [...]
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Workers at the IM Flash Technologies facilities in Lehi, Utah will apparently keep their jobs in spite of an announcement earlier today by its parent company, Micron Technology, to lay-off up to 2,000 employees.
Citing dropping demands for its 200 millimeter (mm) Dynamic Random Access Memory (DRAM) products, Micron (NYSE: MU) today announced at 3:40 p.m. (MST) that it [...]
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Here are the headlines from the news releases distributed by Utah-based technology companies on Friday, 2-29-08 via a commercial wire service, specifically:
7 a.m. (EST) Todd Brockman Joins Galileo Processing Inc. as President
Prepaid Industry Veteran Tapped to Drive Strategy and International Expansion
5:25 p.m. (EST) DW Healthcare Partners Announces the Sale of Tandem Labs
Filed under: DW Healthcare Partners, Galileo Processing, Tandem Labs | No Comments »
DATELINE — LINDON, BLUFFDALE & SANDY, Utah
Three major financial stories hit Utah-based technology companies last week (2-10-08 to 2-16-08):
Lindon-based SCO Group (Pink Sheets: SCOXQ) announced that it has received a $100 million offer to acquire controlling interest in SCO and take it private;
Bluffdale-based Linux Networx announced its been bought by Silicon Graphics (NASDAQ: SGIC); and
RemoteMDx (OTC [...]
Filed under: Financial News, High-Tech News, Linux Networx, Politis Perspective, RemoteMDx, SCO Group | No Comments »
I hit the Gala Reception tonight of the 2008 Investors Choice Venture Capital Conference, an event held from 6 to 9 p.m. at the Alta Club in Salt Lake City. It was a fun gig.
In addition to bringing Dean Cummings, 1995 World Champion Extreme Skier, as my guest to the event, I was also joined [...]
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ClearOne Communications (NASDAQ: CLRO) today released results from its second quarter for fiscal 2008 (ended 12/31/07), and it’s clear to see (no pun intended) that the company is solidly back on track. (Here’s a link to this morning’s announcement.)
In a nutshell, revenue for the quarter was $10.8 million up seven percent from the year ago [...]
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TenFold (OTC BB: TENF) announced Wednesday that it is slashing its workforce by 40 percent, effective immediately, and that it may be forced to “terminate operations.”
According to the company news release about the layoffs, the company had expected to close “additional business” by the end of 2007, deals that were not signed.
Even though TenFold’s cash [...]
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Local, regional and national investors will be heading to the Zermatt Resort & Spa in Midway, Utah on February 8 to attend the 24th Annual Investors Choice Venture Capital Conference.
Produced by the Wayne Brown Institute, this year’s Investors Choice Conference will showcase presentations from 23 different companies seeking early or late stage funding.
Here’s a link [...]
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DRAPER, Utah & SAN FRANCISCO — Draper, Utah-based AdvancedMD today announced it has been acquired by Francisco Partners, a private equity company with $5 billion under management.
Financial details of the transaction were not released.
AdvancedMD’s current CEO, Jim Pack, will relinquish his position with the company; John Trzeciak, a healthcare advisor at Francisco Partners, will assume [...]
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