Author: Wayne Heilman Special to the Gazette
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Atmel sale gives no clarity to future of Colorado Springs facility
California semiconductor manufacturer Atmel Corp. Tuesday agreed to be acquired by Arizona-based competitor Microchip Technology Inc. for $3.56 billion, but the future of Atmel’s 1,000-employee plant in Colorado Springs remained unclear. Microchip said in a news release that it expects to realize $170 million a year in cost savings and sales growth within three years…
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Colorado Springs philanthropist who served on many local nonprofit boards dies at 88
Jane Norris, wife of Colorado Springs rancher and businessman Robert Norris and a philanthropist, died Jan. 12 while in hospice care. She was 88. A celebration of life is scheduled for 2 p.m. Tuesday at Shrine of Remembrance Funeral Home, 1730 E. Fountain Blvd. Norris was born April 28, 1927, in Tacoma, Wash., to Robert…
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Colorado Springs cybersecurity group lands agreement with federal agency
A Colorado Springs nonprofit that wants to improve computer and network security plans to begin operations this year by sharing information about cybersecurity threats with the U.S. Department of Homeland Security. The cooperative research and development agreement between Western Cyber Exchange and the federal agency will allow the nonprofit to participate in Homeland Security’s Cyber…
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National cybersecurity center could become ‘huge economic driver’ for Colorado Springs
The opening of a a National Cybersecurity Intelligence Center in Colorado Springs is expected to accelerate efforts to make the city a national hub for cybersecurity that will help the thriving local industry grow more quickly, officials say. The center, announced Thursday by Gov. John Hickenlooper, will be housed in a former manufacturing plant near…
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Microchip Technology the high bidder for Atmel Corp.
Dialog Semiconductor plc said Thursday it won’t try to outbid Microchip Technology Inc. for California-based Atmel Corp., which operates a 1,000-employee chip manufacturing plant in Colorado Springs. That leaves Chandler, Ariz.-based Microchip as the only bidder for Atmel with a $3.4 billion offer that topped a September deal Atmel agreed to with Dialog. Atmel told…
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Frontier glides back into Colorado Springs Airport after 3-year absence
Frontier Airlines’ new daily nonstop flight between Colorado Springs and Las Vegas is only the start of a major expansion the Denver-based discount carrier plans in southern Colorado that could become a quarter to half the size of its operation at Denver International Airport, the airline’s president said Tuesday. If the Las Vegas and subsequent…
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UCHealth giving grows, thanks to employee generosity
Employee giving at UCHealth Memorial Hospital surged last year to the highest level since the University of Colorado Health system leased the two-hospital system from the city of Colorado Springs in 2012, according to an executive from the UCHealth Memorial Hospital Foundation. Donations from employees – including vacation time, payroll deductions and one-time gifts –…
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Former soldier creates social network after seeing power of community in Iraq
Steven Vulich wants to bring back the social part of social network with his InfinitySN, a 2-month-old network designed to bring members together based on common interests in a specific location. The 38-year-old fleet manager for the Fort Carson Police hopes to eventually devote full time to InfinitySN and grow the advertiser- supported social networking…
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Strong year in 2015 for vehicle registrations in Colorado Springs
El Paso County’s new car and truck market went into overdrive in December with registrations surging to the highest monthly total in more than 10 years and the fifth- highest ever, according to a report released this week by the El Paso County Clerk and Recorder’s Office. County residents registered 2,719 new cars and trucks…
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Springs’ publicly traded companies share in Wall Street’s grim year
Last year wasn’t exactly a banner year for the four public companies based in Colorado Springs. The combined price of shares in the companies fell 35.5 percent in 2015 with prices declining for three of the four stocks. A comparison with 2014 cannot be made since Vectrus Inc. didn’t start trading until Sept. 16, 2014,…