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 [...] [...]
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, [...] [...]
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 [...] [...]
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 [...] [...]
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 [...] [...]
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