Tuesday, September 26, 2006

Canopy Group Opens High Tech Office Building

Lindon, Utah-based Canopy Group is opening up another high tech office building in Lindon, Utah, saying Monday that the new building is targeted at meeting the needs of high-tech businesses in the area. Canopy, which also operates Canopy Ventures, a venture capital firm, said that the new 95,000 square-foot building will be used to house both Canopy portfolio companies and non-Canopy tenants. Canopy Ventures provides venture capital funding to local firms, and was founded by Ray Noorda, of Novell. The new building opens in December of 2007.