Archive

Utah's Simplus acquired by Indian firm in $250 million deal

Infosys, a huge consulting organization based in India, that works with clients as they implement complex software integrations, has announced the acquisition of Salt Lake City-based Simplus. Simplus is a major partner of Salesforce, a global cloud computing company that…

Staff

Feb 16

Eskelson named Visit Salt Lake president and CEO

Visit Salt Lake (VSL), the organization tasked with attracting and providing support to conventions, leisure travelers and visitors to the Salt Lake City area, has announced the appointment of Kaitlin Eskelson as its new president and CEO, the fourth individual to hold the…

Staff

Feb 16

Wells Fargo Survey: Optimism softens slightly among small-business owners

Small-business owner optimism softened a bit for their businesses and future expectations in the latest Wells Fargo/Gallup Small Business Index. Respondents also indicated attracting new customers continues to be a key challenge, as many owners share plans of how they will…

Staff

Feb 16

Midvale medtech buys Georgia company

Midvale based healthcare staffing management software company CHG Healthcare has acquired LocumsMart, a temporary medical staffing management system firm located in Norcross, Georgia. The temporary physician business is called locums tenens and LocumsMart markets a vendor…

Staff

Feb 16

CORPORATE FINANCIAL REPORTS 2-17-20

The following are recent financial reports as posted by selected Utah corporations: USANA USANA Health Sciences Inc., based in Salt Lake City, reported net income of $30.8 million, or $1.41 per share, for the fourth quarter ended Dec. 28. That compares with $32.3 million, or…

Staff

Feb 16

Business Tech: Share tech; Give a ride, get a ride; rent a condo, rent out your condo

By Bahar Ferguson Technology is constantly evolving. From the current trends to the newest breakthroughs, technology is far from stagnant. This fluid nature can lead to almost anything and has brought us some of the biggest tech companies to date. One of the biggest current…

Legal Matters: Best practices for employee confidentiality and proprietary rights agreements

By Mikhael Mikhalev William Shakespeare once said, “Better three hours too soon than a minute too late.” While the advice is offered in a different context, the words hold equal importance in the implementation of a corporate intellectual property (IP) strategy or policy.…

Utah County Update: American Fork: Getting ready for our future

It’s no secret that our communities are growing as our Utah economy continues to thrive. In fact, according to University of Utah’s Kem C. Gardner Policy Institute, Utah County is projected to increase by 177 percent from 2015 to 2065, making it the fastest- growing county in…

Staff

Feb 16

Editorial Cartoon: Post-Game

Staff

Feb 16

Industry Briefs 2-17-20

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication. CAPITAL • Divvy , a Lehi-based spend-and-expense management company, has announced the formation…

Staff

Feb 16

Succeeding in Your Business: The greatest motivator - and how to harness it

By Cliff Ennico January is gone, and I’m willing to bet most of you have already given up on one or more of your New Year’s resolutions. The key to success with any resolution — personal, business or otherwise — is willpower. We all start out with the best of intentions, but…

Why does Uncle Sam keep doubling down on his spending addiction?

By Veronique de Rugy My fellow taxpayers, this is your quarterly warning that Uncle Sam is not a good steward of your money. The Congressional Budget Office just released its most recent 10-year projections for federal spending and revenues. The picture is not…

Nobody’s meeting the Democrats’ goal of uniting leftist and centrists

By Fareed Zakaria After the debacle of the Iowa caucuses, the old quip attributed to Will Rogers seems just right: “I am not a member of any organized political party. I am a Democrat.” Actually, that broad Democratic coalition encompassing Southern segregationists,…

Newsletter - 2-10-20

http://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, February 10, 2020 Silicon Slopes Venture Fund: Making sure Utah's 'amazing ride' continues By Brice Wallace A first-of-its-kind venture capital fund will focus solely on Utah tech startup companies and…

Silicon Slopes Venture Fund: Making sure Utah's 'amazing ride' continues

By Brice Wallace A first-of-its-kind venture capital fund will focus solely on Utah tech startup companies and entrepreneurs. Unveiled during the Silicon Slopes Tech Summit in Salt Lake City, the Silicon Slopes Venture Fund is designed to bolster Utah’s tech ecosystem and…

Candidates: Incentives should change under current economic conditions

By Brice Wallace The incentives program at the Governor’s Office of Economic Development (GOED) could be in for some major changes next year. While some adjustments could come during the current legislative session, during the Silicon Slopes Tech Summit, a pair of gubernatorial…

SLC's Granary District changing with OZ development program

By John Rogers Salt Lake City’s blighted Granary District is taking on a new look. The old industrial area on the edge of downtown is taking on new life thanks to the mergence of three forces: Qualified Opportunity Zones legislation created by the 2017 Tax Cuts and Jobs Act to…

Visit Salt Lake books conventions worth $123 million

Visit Salt Lake, the organization tasked with bringing conventions and other events to Utah, booked 14 future events during the fourth quarter of 2019 that will bring about 127,00 people to the state — and those people will spend about $123 million while they are here. Those…

Staff

Feb 9

Fortem contacts with DOD for drone protection systems

Pleasant Grove’s Fortem Technologies, a leading developer of counter-unmanned aircraft systems for security and defense has been awarded a contract with the Department of Defense (DOD) through its Defense Innovation Unit (DIU). The contract is to develop systems to counter and…

Staff

Feb 9

Geneva Pipe sold to Washington company

Northwest Pipe Co. of Vancouver, Washington, has acquired Geneva Pipe Co. Inc., a concrete pipe and precast concrete products manufacturer based in Orem. The transaction closed on Jan. 31 and was funded with cash on hand and debt, Northwest said in a release. Geneva was founded…

Staff

Feb 9

CORPORATE FINANCIAL REPORTS 2-10-20

The following are recent financial reports as posted by selected Utah corporations: SkyWest SkyWest Inc., based in St. George, reported net income of $73 million, or $1.43 per share, for the 2019 fourth quarter. That compares with $67 million, or $1.28 per share, for the same…

Staff

Feb 9

Succeeding in Your Business: Nope, there's no 'right to be forgotten’ in the United States

By Cliff Ennico “I am a 40-something professional with a somewhat unusual legal problem. “While I am well-established in my profession, I moonlight as a semi-professional musician in my area, performing at local bars, clubs and restaurants. I released a CD of my music last year,…