Transfer of Ownership Boosts Intellectual Property Related to Packet Record and Playback Technology LINDON, Utah -- Solera Networks, Inc., the technology leader in network packet record and playback appliances, today announced the receipt of two storage patents from The Canopy Group, Inc. U.S. Patent 6,795,895 "Dual Axis RAID...
PROVO -- The Canopy Group, a venture-capital firm based in Lindon, has reached a settlement with three former executives ousted in December. According to the settlement, former Canopy chief executive officer Ralph Yarro, former chief financial officer Darcy Mott and ex-corporate counsel Brent Christensen will receive an undisclosed...
PROVO -- Contrary to published reports, the Canopy Group, a high- tech venture capital firm based in Lindon, has not reached an out- of-court settlement with three ousted executives. Attorneys for both sides appear to be moving in that direction, but the matter could end up back in...
LINDON -- DirectPointe said Monday it has closed a $4.5 million first round of financing with Canopy Group. DirectPointe previously has raised about $1.1 million in an angel round of funding, in which Canopy was a minority participant. DirectPointe provides subscription-based computing services.
When Novell founder Ray Noorda began The Canopy Group in 1992, he hoped the venture capital firm would help software start-ups in Utah and generate a steady source of funding for the charities to which he gave money. Noorda, now 80 and said to be suffering from Alzheimer's...
ASHBURTON, U.K. & WALTHAM, Mass. -- Enters joint technology agreement with Motorola (NYSE: MOT) Canopy Wireless Group Orthogon SystemsTM, a leading provider of carrier-class point-to-point broadband wireless systems, today announced it has raised $8 million in financing to fund the continued high volume commercialization of its OS-Gemini product line...
By Bob Mims, The Salt Lake Tribune Knight Ridder/Tribune Business News May 15--The Utah Court of Appeals has backed Novell's breach-of-contract victory over the Canopy Group, but in so doing unveiled a once-secret pact under which Novell sought to sue Microsoft ...
Newsday, Melville, N.Y. Knight Ridder/Tribune Business News Apr. 14--In the grand scheme of the year's mega-deals, Computer Associates' $15 million contract with the Linden, Utah-based Canopy Group in 2000 was small potatoes. But court records of the deal suggest the...
PROVO -- A breach-of-contract dispute between Novell and The Canopy Group was heard by Utah Court of Appeals Friday. Novell wanted to sue Microsoft for anti-competitive practices involving Novell's source code for DR DOS, but worried that Microsoft would retaliate. Novell enlisted the help of The...
Business Week recently characterised SCO, the software house suing IBM and Linux users for breach of copyright, as "the most hated company in tech". But that's nothing compared to the scorn being heaped on SCO's largest shareholder, venture capital company Canopy Group and its CEO Ralph Yarro - the...
Motorola's Canopy wireless broadband technology has officially been launched in Asia with commercial deployments and numerous trials throughout the region. The technology is designed to provide cost-effective, reliable and high-speed Internet access to underserved and unserved markets in the region. Commercial licensed 5...
Motorola's Canopy wireless broadband technology has officially been launched in Asia with commercial deployments and numerous trials throughout the region. The technology is designed to provide cost-effective, reliable and high-speed Internet access to underserved and unserved markets in the region. Commercial licensed 5...
By Bob Mims, The Salt Lake Tribune Knight Ridder/Tribune Business News Sep. 29--LINDON, Utah--Talk about Canopy Group, and the underdog metaphors inevitably follow. The Lindon-based high-tech incubator and venture capital firm, like Don Quixote of old, certainly has tilted...
By Bob Mims, The Salt Lake Tribune Knight Ridder/Tribune Business News Aug. 13--Computer Associates International, perhaps seeking to focus more on a federal probe into its practices, on Tuesday announced a $40 million settlement with Lindon-based Center 7 and Canopy Group, ...
LINDON -- The Canopy Group and its subsidiary, Center7 Inc., have settled a breach-of-contract lawsuit with Computer Associates International Inc., based in Islandia, N.Y., for about $40 million. The settlement resolves all pending claims, which include breach of contract, breach of the implied covenant of good faith and...
Denver-based ViaWest Internet Services Inc. has reached agreement with Center 7 Inc. to buy certain hosting and co-location assets at Center 7's Lindon-based data center in exchange for an equity position and board seat at ViaWest. Terms of the transaction were not disclosed. ViaWest provides managed...
By Glen Warchol, The Salt Lake Tribune Knight Ridder/Tribune Business News Feb. 23--LINDON, Utah--Ralph Yarro, president and chief executive of The Canopy Group, has few illusions about what it takes to survive in high-tech. After all, the Lindon-based technology incubator...
Business Editors/High-Tech Writers LINDON, Utah--BUSINESS WIRE--Feb. 24, 2003 Helius, Inc., the world leader in satellite broadband IP routing, today announced the availability of multiple financing options for its flagship Helius Satellite Router v2 (HSR2) product as well as other Helius solutions. Financing options are available through Canopy Capital...
Business Editors & High-Tech Writers LINDON, Utah--BUSINESS WIRE--Nov. 25, 2002 The Canopy Group Inc., an operating company that funds and grows emerging leading-edge technologies, today announced the launch of Canopy Capital Inc. Canopy Capital will offer creative and flexible financing options to Canopy's portfolio of companies and customers....
The Salt Lake Tribune Knight Ridder/Tribune Business News Jan. 11--South Jordan-based Merit Medical Systems Inc. is changing the name of its wholly owned subsidiary, Sentir Semiconductor Inc., to Merit Sensor Systems Inc. --Ray Noorda, chairman of The Canopy Group, was...
