Tag: Utah
Blackstone purchase of Vivint sets record in Utah
May 10, 2013SSN Staff
SALT LAKE CITY, Utah—The Mountain West Capital Network, a business networking organization devoted to entrepreneurs, announced that the state of Utah saw more than $11 billion in mergers and acquisitions, public offerings, private equity and venture capital financing transactions in 2012, according to an article from Forbes.
Marquee deals of the year included Vivint's $2 billion purchase by the Blackstone Group, a transaction that MWCN said was “the largest technology acquisition in...
Sprinkler system minimizes damage at Utah warehouse
February 28, 2013SSN Staff
WEST JORDAN, Utah—A warehouse based here was spared significant fire damage thanks to a sprinkler system, which activated to help contain the blaze before firefighters arrived, according to an article from the Salt Lake Tribune.
West Jordan Fire Chief Marc McElreath said Tuesday that while a firm damage assessment was yet to be determined, the Monday fire at the Intermountain Sweeper Co. building kept the flames contained to the west area of the building, the report said, and that the problem...
This Blog's on Fire (And Other Stuff)
“The Trip to Bountiful”: Comcast now "at home" in Utah
March 21, 2012Tess Nacelewicz
Comcast is now selling home security in Utah, right in the backyard of the major summer-model security companies.
When it comes to telecoms and cable companies getting into home security, I've written before about how Comcast has been in the forefront of that trend. It launched its Xfinity Home Security product in 2010.
It also recently renamed the product as just Xfinity Home to reflect the fact that the service includes many home automation features in addition to home security. And Comcast has...
SEC charges Utah security company investors with Ponzi scheme
December 21, 2011Tess Nacelewicz
AMERICAN FORK, Utah—Wendell Jacobson, a Utah real estate magnate who with his son provided the primary startup capital for Platinum Protection, is now facing charges from the U.S. Securities and Exchange Commission that he and his son have been running a $220 million real-estate Ponzi scheme—using their membership in the Mormon church to make connections and win the trust of potential investors.
Wendell and Allen Jacobson no longer have any involvement in Platinum Protection, based...