1. Articles in category: Development

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    1. After rejecting $6B takeover, Zayo Group approached again by private equity firms

      After rejecting $6B takeover, Zayo Group approached again by private equity firms

      Boulder-based Zayo Group Holdings Inc. is being circled again by Blackstone Group and Stonepeak Infrastructure Partners. The communications infrastructure company had been focused on spinning off its enterprise side of its business this year, but it has been reported that it's preparing for a takeover. Company officials have declined to comment on any potential deals.

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    2. Carbonite’s largest office could be in Colorado after $618M Webroot acquisition

      Carbonite’s largest office could be in Colorado after $618M Webroot acquisition

      Officials from Boston-based Carbonite (Nasdaq: CARB) last week announced the company is acquiring Webroot, one of Colorado’s pioneer cybersecurity firms, in an all-cash deal. The acquisition is expected to immediately boost Carbonite’s earnings and cash flow. Webroot reported about $215 million in revenue for its most recent fiscal year, which ended June 30, 2018. But what will it mean for Webroot’s headquarters in Broomfield? In an interview with Denver Business Journal, Potts said once the deal closes sometime this quarter, the newly combined company will “absolutely have a significant presence” in Colorado.

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    3. Zayo to simplify business, releases quarterly results

      Zayo to simplify business, releases quarterly results

      BOULDER — Zayo Group Holdings Inc. (NYSE: ZAYO) posted second-quarter earnings per share of 13 cents, in line with analyst expectations. The Boulder-based telecommunications company recorded net income of $30.2 million, which included $36.1 million from the Communications Infrastructure business segment but also a $5.9 million loss from the Allstream segment. Still, second-quarter income more-than doubled from the same period last year, when it was $13.2 million.

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    4. Destination Startup links investors with startups spun off from colleges, research institutions

      Destination Startup links investors with startups spun off from colleges, research institutions

      It’s one thing to develop a functional piece of technology. It’s a different thing entirely to turn that technology into a successful business venture. Destination Startup, held at the Omni Interlocken Hotel in Broomfield, brought together entrepreneurs, startup executives, research institutions and venture capitalists from across the Front Range to help startups make that leap.

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    5. As Ibotta hits $500M cash-back milestone, a new way to get that cash is in the works

      As Ibotta hits $500M cash-back milestone, a new way to get that cash is in the works

      To CEO Bryan Leach, it’s more than just a big number. This week, his Denver-based shopping app Ibotta announced it had given back $500 million to users. The half-billion-dollar milestone took six years to hit, accelerating each year as the tech startup continues its rapid growth. More than $190 million in rewards were redeemed in 2018, a record year for that specific metric.

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    6. Denver-based Visible launches on Android, plans to sell smartphones

      Denver-based Visible launches on Android, plans to sell smartphones

      Visible, the all-digital wireless phone service that doesn’t have physical stores, is becoming more of store, and will soon be available to Android users. Officials with the Verizon Wireless-backed startup, which launched its $40-per-month unlimited phone service exclusively for iPhone users last May, say access for Android users has been the most requested feature to date.

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    7. OEDIT debuts new platform for connecting investors, projects

      OEDIT debuts new platform for connecting investors, projects

      The Colorado Office of Economic Development & International Trade has launched Co-Invest.co, a website dedicated to helping investors find investment opportunities and vice versa. The website is in partnership with Blackstone Entrepreneurs Network and Startup Colorado. The site connects investors and Colorado projects seeking investment funding. It also serves as a clearinghouse for national investors interested in Colorado and helps organize local projects and investors.

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    8. Two Colo. firms among top 100 companies for remote jobs

      Two Colo. firms among top 100 companies for remote jobs

      Two Colorado companies made the top 100 companies for FlexJobs’ annual list of businesses to watch for remote jobs. "As we saw in the latter part of 2018, we expect 2019 to continue to be a job seeker's market where companies will need to offer flexible/remote benefits to remain competitive and attract and retain the best talent," Sara Sutton, the founder and CEO of FlexJobs, said in a news release.

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    9. WeWork rebrands as The We Co., plans expansion in residential and education markets

      WeWork rebrands as The We Co., plans expansion in residential and education markets

      WeWork, which rose to prominence as a go-to company for creatives who need space to work on innovative ideas, has rebranded as The We Co. In a prepared statement, co-founder and CEO Adam Neumann said the company will consist of three distinct entities — WeWork, WeLive, and WeGrow.

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    10. Denver-based Healthgrades acquires Birmingham firm to expand footprint

      Denver-based Healthgrades acquires Birmingham firm to expand footprint

      Healthgrades, the online portal that lets consumers read reviews on hospitals, doctors and other health care providers, has acquired a Birmingham company that’s going to allow it to expand its customer relationship management business and add new offerings to its suite of products. Rob Draughon, CEO of the Denver-based company, announced at the 37th annual J.P. Morgan Healthcare Conference on Tuesday, that Healthgrades acquired Birmingham, Alabama-based Influence Health, a company that offers web development, social media and search optimization products for health care customers.

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