1. Articles from Ben Miller

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    1. Longtime Colorado lender CoBiz bought in nearly $1 billion deal

      Longtime Colorado lender CoBiz bought in nearly $1 billion deal

      Longtime Colorado lender CoBiz Financial Inc. of Denver is being purchased in a deal valued at nearly $1 billion. Tulsa, Oklahoma-based BOK Financial Corp. (Nasdaq: BOKF) said it's buying CoBiz for $977 million, using 75 percent stock and the rest cash to make the purchase. CoBiz has assets of $3.8 billion and has 15 banking locations in Colorado and Arizona. In April, the U.S. Small Business Administration (SBA) named CoBiz its 7(a) Small Lender of the Year.

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    2. UCHealth to become big tenant in Catalyst HTI building in RiNo

      UCHealth said it will become one of the largest tenants in the Catalyst Health-Tech Innovation building, now under construction in Denver's River North neighborhood. At the development, located on the west side of Brighton Boulevard between 35th and 36th Streets, UCHealth said it plans to build an innovation lab with a “hospital room of the future, a space to test equipment and devices and actually create a new type of clinical setting."

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    3. Boulder's VictorOps selling to San Francisco firm for $120 million

      A San Francisco data management company is buying VictorOps Inc. of Boulder for $120 million. Splunk Inc. (Nasdaq: SPLK) said it will use cash and stock to buy VictorOps, which makes software that monitors companies’ software products, alerting about incidents that keep the software from functioning well and helping get started on fixing the issue.

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    4. Fast-growing Colorado tech company signs big lease at 5500 South Quebec

      The owner of a Denver Tech Center office building said a fast-growing Colorado tech company has signed a big lease. Northstar Commercial Partners said internet distribution company Pax8 has signed a 74,068-square-foot agreement at 5500 South Quebec that will fill the majority of the property's entire remaining vacancy. Northstar bought the 204,945-square-foot 5500 South Quebec building $16,150,000 in 2015.

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    5. Denver-based software firm Vendavo acquires Swedish company

      Denver-based software firm Vendavo said it's acquired Swedish pricing software provider Navetti AB for an undisclosed price. "Terms of the deal are confidential," said a Vendavo spokesperson. Vendavo makes price-management software. The company's involved in a patent infringement spat with German software company Price f(x).

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    6. Ball gets NASA contract to work on next-generation space telescope

      Ball gets NASA contract to work on next-generation space telescope

      NASA has awarded Ball Aerospace and Technologies Corporation a $113.2 million contract to help build a next-generation space telescope. According to NASA, the Colorado company will design, analyze, develop, fabricate, integrate, test and evaluate the Wide Field Instrument Opto-Mechanical Assembly for the upcoming Wide Field Infrared Survey Telescope (WFIRST) mission.

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    7. California mandates solar-powered homes; Denver solar firm's share soar

      In the wake of the state of California mandating that all new homes built after 2020 be powered by solar energy, shares in a Denver solar company soared Wednesday. Yesterday, the Denver Business Journal reported that the California Energy Commission unanimously approved a mandate requiring that all new housing in the state built after 2020 come with installed solar power.

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    8. Using blockchain, Denver company tracks exactly where your coffee came from

      A Denver company's technology will enable coffee drinkers to find out exactly where their coffee's beans were harvested, down to the coffee farmer who harvested the bean. Denver startup bext360 designed technology that when used at the Ugandan coffee farm, tracks the coffee from the farmer right down to when it's sold at one of Coda Coffee's locations around Denver.

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    9. Zayo CEO Caruso, wife, give $2 million to University of Colorado

      Zayo CEO Caruso, wife, give $2 million to University of Colorado

      Zayo Group Holdings Inc. CEO Dan Caruso, and his wife Cindy, are giving the University of Colorado $2 million. According to the school, through their foundation the Carusos are giving "$1 million toward the future connection between the business and engineering buildings, and another $1 million to support entrepreneurial activities that foster new business creation, diversity and inclusion."

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    10. Denver's tops in the nation for small-business growth, says new report

      Denver's tops in the nation for small-business growth, says new report

      Denver overtook Seattle as the top-ranked metro for small business employment growth in March, according to a new report

      The latest Paychex | IHS Markit Small Business Employment Watch report, which focuses on national small-business wage and hiring trends, indicated that nationally, small-business employment growth declined slightly in March.

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    11. Dish exec testifies that AT&T-Time Warner merger would hurt SlingTV

      A Dish Network Corp. testified Monday that if the AT&T merger with Time Warner is allowed to go through, it would hurt his company's Sling TV service. The U.S. government is going to court to block the $85 billion merger, and in the case in Washington D.C. on Monday, government witness and Dish exec Warren Schlichting warned of the deal's impacts.

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    12. Denver a top 10 U.S. city for entrepreneurs, startups, says report

      Denver a top 10 U.S. city for entrepreneurs, startups, says report

      Denver's one of the top 10 cities in the country for entrepreneurs and startups, according to a new report. Business.org, a website that provides research, product reviews and recommendations to business owners, said it surveyed 300 U.S.cities and ranked the top 40, according to "their start-up friendliness, as well as financial environments and demographic cultures."

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    13. Boulder biotech raises $35 million

      A Boulder biotech that's studying cancer therapies said it's raised $35 million in an initial fund-raising round. ArcherDX Inc. said the $35 million round was co-led by Boulder Ventures Ltd. and PBM Capital Group LLC. Also participating in the Series A financing round were Longwood Fund and Peierls Foundation. Kyle Lefkoff of Boulder Ventures has joined the ArcherDX board of directors.

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    14. Colorado electric motor company gets order from Chinese customer

      A Longmont-based maker of electric motors said it's received a $1.3 million follow-up order from a Chinese customer. UQM Technologies Inc. (NYSE: UQM) said it received the order for its R340 fuel cell compressor systems from an unnamed Chinese customer. UQM said it received a $2.2 million order from the same Chinese customer last year.

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    15. Microsoft to invest in Denver insurance underwriting assistance company

      A Denver company that utilizes automated artificial intelligence for insurance underwriting assistance says that Microsoft Corp. is making an investment in the company. Flyreel, which uses artificial intelligence to assist in underwriting for commercial and residential properties, said in a statement that "Microsoft is investing resources and expertise to accelerate Flyreel's go-to-market strategy."

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