Software & Technology

Noteworthy Industry Profiles


Gogo to Acquire Satcom Direct for $375M

Gogo Inc. (NASDAQ: GOGO) and Satcom Direct have announced a definitive agreement under which Broomfield-based Gogo will acquire Satcom Direct, establishing a multi-orbit, multi-band provider of global in-flight connectivity for the business aviation and military/government mobility markets. Under the terms of the agreement, Satcom Direct will receive $375 million in cash, 5 million shares of…more

Brisk Technologies Secures $20M to Fuel Growth

Brisk Technologies, a mobile app development company based in Lakewood, has secured $20 million in funding to accelerate growth and innovation. The company specializes in creating applications for iOS, Android and the web, utilizing the Flutter framework to expedite the development process. Known for its flagship product, the Brisk Health app, Brisk Technologies has established…more

Trimble Launches Georeferencing Tools for UAV Mapping

Trimble (Nasdaq: TRMB) announced the launch of the Trimble APX RTX portfolio, a new line of direct georeferencing solutions for mapping sensors on uncrewed aerial vehicles (UAVs). This release allows original equipment manufacturers and drone payload integrators to provide their customers with high accuracy and reliable map products in various environments. The integration of Trimble…more

Trimble Collaborates to Advance 3D Ground Monitoring Tech

Trimble and Worldsensing announced a new solution for long-term 3D ground and structural movement monitoring. This solution combines Trimble 4D Control (T4D) monitoring software with the new Trimble GNSS Meter, powered by Worldsensing. Aimed at the mining, construction and infrastructure industries, the solution seeks to reduce risks related to land and structural instability through quicker…more

AbsenceSoft Acquired by Luminate Capital Partners

AbsenceSoft, a Golden-based SaaS platform for leave of absence and accommodations management, has been acquired by Luminate Capital Partners from existing investors Norwest Venture Partners and Bow River Capital. Luminate’s strategic investment aims to support AbsenceSoft’s growth and strengthen its market leadership. AbsenceSoft provides a platform designed by HR professionals to streamline and automate employee…more

Brisk Health Secures $100M to Expand in Colorado

Brisk Health has announced that it has secured $100 million in capital to support its growth plans. This funding will enable the company to enhance access to personalized, patient-centered health care across Colorado. The company’s mobile app, developed by Lakewood-based Brisk Technologies, provides patients with flexible options to connect with health care providers through clinic…more

Trimble’s Global Transportation Telematics Units Acquired

Trimble (NASDAQ: TRMB) and Platform Science announced that Platform Science will acquire Trimble’s global transportation telematics business units. The agreement includes Trimble becoming a shareholder in the expanded Platform Science business. The transaction aims to improve driver experience, fleet safety, efficiency and compliance by integrating two advanced in-cab commercial vehicle ecosystems. Customers will gain access…more

Arvada’s Parsec Group Acquired

The Parsec Group, an Arvada-based provider of critical infrastructure and operating system managed services, was acquired by IT Service Alliance, a majority employee and management-owned outsourced IT manager. The acquisition allows ITSA to expand its presence in the U.S. by partnering with a leading IT service provider. “ITSA is the ideal partner to carry forward…more

Trimble Launches Reality Capture Platform Service

Trimble (NASDAQ: TRMB) has announced its new Trimble Reality Capture platform service, designed to enhance collaboration and the secure sharing of large reality capture datasets obtained from 3D laser scanning, mobile mapping and uncrewed aerial vehicle (UAV) systems. The service is an extension of Trimble Connect, a cloud-based common data environment that has supported over…more

Tangicloud Reports 40% Revenue Growth, New Hire

Littleton-based Tangicloud Technologies Inc., a Microsoft partner specializing in nonprofit and government ERP software, recently announced a 40% growth in annual recurring revenues for fiscal year 2024. Tangicloud President Steve Potts highlighted key achievements from the fiscal year, including the launch of the W-1, or global, version of Fundamentals, allowing the product’s expansion to 30…more

Gogo Expands Inflight Connectivity for 700 Learjet Aircraft

Gogo Business Aviation (NASDAQ: GOGO) announced a collaboration with Duncan Aviation to pursue a Supplemental Type Certificate (STC) from the Federal Aviation Administration (FAA) for Gogo 5G on Bombardier Learjet 40/45/70/75 aircraft. The Gogo 5G system aims to provide enhanced inflight connectivity (IFC) in North America, offering increased speed, capacity, live experiences and the ability…more

Gogo Appoints New Board Member

The board of directors of Gogo Inc. (NASDAQ: GOGO) announced the appointment of Monte Koch as a board member, effective July 17. This addition expands the board from nine to 10 directors. “Monte brings unique, deep expertise on the business aviation ecosystem and is a valuable addition to Gogo’s board,” said Oakleigh Thorne, Gogo chairman…more