Business Services Industry
Lindon, Utah-Based High-Tech Incubator Canopy Group Tilts at Windmills.
Knight Ridder/Tribune Business News, September, 2003
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 -- albeit with success -- at a few windmills. David versus Goliath? Oh yes, there have been, and there remains, giants on Canopy's horizon.
In 2000, it was the colossus Microsoft paying $250 million to settle an antitrust suit by Canopy's Caldera Inc. (now SCO Group). This past August, behemoth Computer Associates International paid $40 million to settle a software-licensing dispute with Canopy and another of its 30-some companies, Center 7.
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