1. Articles in category: Development

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    1. Colorado IT consulting firm to be sold to Canadian company

      Thinkstock Global IT and business process services firm CGI Group Inc. is buying ECS Team, a Greenwood Village-based IT consulting firm. CGI (NYSE: GIB), based in Montreal, says it is the world's fifth-largest independent IT and business process services firm in the world, with some 68,000 employees, including 11,000 in the U.S. across 80 cities and 33 states. It has Colorado offices in Denver and Lakewood.

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    2. Techstars Backs Net Neutrality Effort

      Techstars Backs Net Neutrality Effort

      Boulder-based startup accelerator Techstars is backing a new effort to promote net neutrality, after the FCC's new Chairman, Ajit Pai, said he wanted to roll back net neutrality efforts put in place in 2015. Techstars said that America's startup ecosystem depends on an open internet, saying that companies should "compete in the marketplace based on the quality of our products and services, not the ability to pay tolls to internet access providers."

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    3. Inside the massive Amazon fulfillment center under construction in Aurora (Photos)

      Inside the massive Amazon fulfillment center under construction in Aurora (Photos)

      Today it's just the concrete shell, but by late summer the Amazon fulfillment center in Aurora will have 20 million items, 1,000 employees and 75 bays with trucks coming and going all day long. Amazon.com Inc. (Nasdaq: AMZN) construction managers on Friday morning gave some Aurora elected officials and members of the media a sneak peak inside the 1 million square foot facility under construction and expected to be completed by late summer.

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    4. Venture capital deals and dollars soar for Colorado companies, says MoneyTree report

      A supersonic jet company, a biopharmaceutical company targeting diseases with unmet medical needs, and a company working to thwart cyber crime are among the Colorado companies that made the first quarter of 2017 a comeback quarter. Colorado companies scored big in venture capital investment money with $345 million in 43 deals in the first quarter of 2017, climbing its way to the No. 4 state in the country for the total number of venture capital deals and dollars.

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    5. Funding sets stage for CU smartphone spinoff to commercialize

      Funding sets stage for CU smartphone spinoff to commercialize

      Kelvin Thermal Technologies Inc., a smartphone-technology startup from two University of Colorado Boulder professors, raised $200,000 in private equity to match a $250,000 grant from the state of Colorado. The company has developed a new method of cooling smartphones, Y.C. Lee, president and CEO, told BizWest. When phones overheat, it causes them to not operate well, and can actually be harmful to the user.

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    6. Broomfield video on demand firm raises $5.6 million

      Intelivideo, a Broomfield company that allows fitness businesses to sell their videos for streaming or downloading, said it's raised $5.6 million. The round of funding was led by existing investors, the company said, and the money will be used to "support growth efforts to enter into new video on demand (VOD) categories as well as bolster sales, marketing and product development initiatives."

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    7. Aurora approves tax incentives for big Amazon facility

      The city of Aurora has approved as much as $1.18 million in tax incentives to Amazon.com Inc., which planning to build a huge fulfillment center in the city. The tax breaks would take effect if the e-commerce giant (Nasdaq: AMZN) creats at least 900 jobs at the 1 million square foot facility at Prologis Park 70 near the intersection of Interstate 70 and E-470, the Aurora Sentinel reports.

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    8. Speed up your RFP Process for Tech Solutions through CTA’s Partnership with SelectHub

      Speed up your RFP Process for Tech Solutions through CTA’s Partnership with SelectHub

      There’s no slowing down in Colorado, which is why Colorado Technology Association (CTA) has partnered with local startup SelectHub to simplify the request for proposal process for CTA members searching for tech solutions.

      The tech industry continues to grow rapidly in Colorado, creating an immense volume of IT projects that need to be fulfilled. The quicker they come together, and the easier it is for companies to partner within the state, the better.

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