High Technology News and Information for the Rocky Mountain Region
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High Technology News and Information for the Rocky Mountain Region |
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 Friday, October 10, 2008
Concept To Company Competitions Expand To Southern Utah Grow Utah Ventures, Zions Bank, and USTAR said Friday that they are expanding their "Concept to Company" contest to Southern Utah. The new Southern Utah competition, which was created by Grow Utah Ventures to encourage entrepreneurism, is similar to a competition the group had in Ogden last month. The contest awards $20,000 in cash plus consulting or prototype services to the winner, plus $10,000 each to two runner ups. The contest is open to both Utah-based and out-of-state entrepreneurs, howev (More info...) posted on Friday, October 10, 2008(Full story) Photobucket Adds Album Themes Denver-based Photobucket, an online provider of photo sharing services, said Thursday that it has rolled out a new feature for the firm's site. According to Photobucket, it has added the ability for users to customize backgrounds, colors, and borders around photos and videos posted at the site. The new feature--called "Album themes" includes over 500 different pre-configured themes, plus the ability to customize and create your own. Photobucket is owned by Fox Interactive Media. posted on Friday, October 10, 2008(Full story) Avnet Looks To Buy UK Distributor Phoenix-based Avnet said Friday that it plans to acquire Abacus Group PLC, a distributor of electronic components in Europe, for approximately $73M. According to Avnet, it has offered £0.55 per share for Abacus Group, which had $497M in sales for its fiscal year ended September 2007. Abacus distributes electronic components in 10 countries across Europe. Avnet said that the board of directors of Abacus is recommending acceptance of the offer by its shareholders. posted on Friday, October 10, 2008(Full story) ON Semiconductor Completes Catalyst Semiconductor Buy Phoenix, Arizona-based ON Semiconductor said Friday that it has completed its acquisition of Catalyst Semiconductor. The deal was worth around $115M, and was announced in July. Catalyst Semiconductor produces analog, mixed-signal and non-volatile memory chips. ON Semiconductor said that the buy should allow the firm to accelerate its revenue growth and increase market share. posted on Friday, October 10, 2008(Full story) NCH Software Opens Denver Office NCH Software, an Australian software development firm, said earlier this week that it has opened up an office in Denver. According to the firm, the U.S. office was opened to best serve its growing US consumer base. The office will be based in Greenwood Village, and will provide technical support and software development for the telephony market. Size of the office and number of employees was not disclosed. posted on Friday, October 10, 2008(Full story)
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