Jefferson County’s minority-owned small businesses are contributing significantly to employment in 2024, according to a recent ranking based on the number of estimated employees held by each company. The list, containing 55 entries, showcased a handful of leaders in industries such as construction, professional services, and technology. Topping this year’s list was Lakewood’s Nexgen Technologies…more
Global agriculture machinery leader AGCO Corporation (NYSE: AGCO) and leading technology company Trimble (NASDAQ: TRMB) have announced the closing of their joint venture transaction on April 1, 2024. The new venture, named PTx Trimble, promises to revolutionize the precision agriculture market by providing solutions for both factory fit and retrofit applications across mixed-fleet operations. The…more
Oblong, Inc. (NASDAQ:OBLG), a Jeffco-based company that specializes in collaboration solutions, announced on March 20, 2024, that it has been granted a 180-day extension by The Nasdaq Stock Market to regain compliance with the Bid Price Rule. The Nasdaq Listing Qualifications Department gave the official permission in written form. This extension allows Oblong until September…more
The largest software companies based in Jefferson County are revealed in a new 2024 list, which features 37 companies ranked by number of estimated employees. The leader on the list is Itransition, employing a substantial 1,594 professionals to secure its position. Many of the Lakewood-based software developer’s workers are based overseas, according to LinkedIn. In…more
Trimble (NASDAQ: TRMB), a technology solutions firm, announced its membership in the Alliance for OpenUSD (AOUSD) on March 11, 2024. The move aligns with Trimble’s vision of fostering ecosystems to revolutionize work methodologies. AOUSD aims to standardize the 3D ecosystem by enhancing OpenUSD, a platform created by Pixar Animation Studios. OpenUSD allows collaborative construction of…more
Belmar, a hub for shopping, dining, and entertainment in Lakewood, Colorado, has welcomed internet service provider Google Fiber to its distinguished list of tenants. Located in Belmar’s plaza, Google Fiber has secured over 13,000 square feet of prime space as the complex is gearing up to celebrate its 20th anniversary in May. Belmar, home to…more
A new business journal, Jeffco Legends, will spotlight the business goings-on of Jefferson County, Colorado. The platform aims to deliver actionable information, analysis and data tools—a non-traditional news-delivery vehicle. The site — www.jeffcolegends.com — offers annual data subscriptions that include unlimited downloads of sales leads (updated daily) for a year, as well as views of…more
On January 16, 2024, Chicago-based middle-market private equity firm CIVC Partners, LP, announced its acquisition of Datavail Corp, a leading data managed services provider. The acquisition was from a group of growth investors led by Catalyst Investors, a New York-based growth equity firm specialized in seed-stage, early-stage, and later-stage technology and software companies. Datavail was…more
Technology firm Trimble (NASDAQ: TRMB) has sold some component pieces of its remote water monitoring portfolio to Badger Meter Inc. This move includes the divestiture of Trimble’s Telog brand of remote telemetry units (RTUs) and its Trimble Unity Remote Monitoring software. The company didn’t disclose the financial details of the transaction. Trimble has taken this…more
Trimble, a leading technology solutions provider, announced during its Q3 2023 earnings call that its Chief Financial Officer David Barnes is set to retire in May 2024. The company declared that Phil Sawarynski will take over as the new CFO in May 2024. Currently serving as the vice president of treasury, corporate development, and co-lead…more
Trimble and Mincon are joining forces to produce a cutting-edge drilling and piling system specifically designed for the solar industry, according to an official press release. Volunteer operators in the solar industry will be able to utilize this solution, which includes Mincon’s range of solar pile driving equipment now being made with in-built Trimble machine…more
Trimble (NASDAQ: TRMB) and AGCO Corporation (NYSE: AGCO) have announced a joint venture to expand the accessibility of precision agriculture solutions for farmers worldwide using mixed fleet operations. The partnership is aimed at offering a more customer-focused business model and platform that will provide farmers with accessible, adaptable, and dependable mixed fleet ag solutions. As…more