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Our speaker for June has achieved what many entrepreneurs dream: he cashed in on a business he co-founded over twenty years ago. December 11, 2009- Morningstar, Inc. announced on Friday that it would acquire Logical Information Machines, Inc. (LIM) for $51.5 million, subject to post-closing adjustments. LIM can tell you how much things really cost when your dad was a boy. Founded in 1988, LIM provides software (branded as Market Information Machine, or MIM) that enables users to perform price analysis on historical trading data from energy and financial markets. The company supplies MIM users with data -- such as the historical prices of bonds and equities, as well as commodities like oil and metals -- from its Historis database; the analyzed data can be used to determine present and future market trends. Dr. Ruben Gamboa, one of the founders of (LIM) and associate professor of computer science at the University of Wyoming and will speak at StartWest - Wednesday, June23rd at Holiday Inn, Sheridan. Dr. Gamboa will present "An Entrepreneur's Education from the School of Hard Knocks" based largely on his experiences with LIM and other companies. Dr. Gamboa has been described as "...one of the most skilled entrepreneurs in Wyoming" and rightfully so. As one of the founders of LIM he led the development of LIM's proprietary software which ultimately resulted in it's recent purchase by Morningstar. Don't miss the chance to hear a true entrepreneurial success story right here in Wyoming. |