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Denver firm acquires Systems Engineering

Denver-based Farnsworth Group Inc. has bought a local engineering firm, Systems Engineering, but plans to keep its Springs offices open. Systems Engineering provides mechanical, plumbing and process piping engineering services to clients nationwide, and was started in 1979 as Sol Chavez and Associates. It became Systems Engineering in 1986. “Farnsworth Group and System’s Engineering were… Continue Reading Denver firm acquires Systems Engineering

United Technologies to buy Goodrich for $16.4B

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United Technologies Corp. said it will buy Goodrich Corp. for about $16.4 billion in cash, calling the aerospace and defense company a perfect addition that will allow it to take advantage of rapidly growing demand for aircraft components. The Hartford, Connecticut-based industrial conglomerate already owns jet engine manufacturer Pratt & Whitney as well as Carrier… Continue Reading United Technologies to buy Goodrich for $16.4B

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Woodmoor Pines acquired by Tri-Lakes Golf

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Tri-Lakes Golf, LLC has completed the purchase of Woodmoor Pines Golf and Country Club. The private club and community centerpiece of the Woodmoor area in Monument joins two public courses – Kings Deer Golf Club and Pagosa Springs Golf Club – which were acquired by Tri-Lakes Golf earlier this year. Depending on their membership category,… Continue Reading Woodmoor Pines acquired by Tri-Lakes Golf

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Xtivia acquires Denver company

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Xtivia, which has offices in Colorado Springs,  acquired a Denver information services organization earlier this month. Xtivia is a $20 million company, and recently purchased Connect: The Knowledge Network, which focuses on data warehousing for business and health care organizations. “The acquisition furthers Xtivia’s strategy by enhancing our data warehousing and health care expertise,” said… Continue Reading Xtivia acquires Denver company

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In one of the year’s largest property transactions to date, the six-building, 283,885-square-foot Prime Center on 32 acres at the intersection of North Chapel Hills Drive and Briargate Boulevard has been acquired by DIV Briargate Property LLC. The new owner is a joint venture that includes Colorado Springs-based Griffis Blessing Inc. and The Davis Companies… Continue Reading Prime Center acquired by joint venture group

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Tech For Less founder aids in company sale

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Tech For Less, a homegrown technology company founded by Brad Taylor, Rick Parker and Robert Irwin one month after the Sept. 11 terrorist attacks, generates about $40 million in annual revenue, and has been acquired by ModusLink Global Solutions of Waltham, Mass. in an all-cash deal. Taylor said the deal had been in the works… Continue Reading Tech For Less founder aids in company sale

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