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How Businesses Are Pitting Colorado Against California

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Corporations with ties to the Centennial State are doing plenty of moving and/or shaking this week, some for the benefit of Colorado, some for the benefit of California. Hewlett-Packard is getting some sweet tax rebates from Colorado Springs to keep the company on track with its plan to build a data center at its current campus. The San Francisco Business Times writes that the city is offering HP “up to $4.8 million in rebates over a decade–but no money upfront, the city stressed–to keep about 125 ‘high paying’ jobs in the area.” The Palo Alto, California-based company will move forward with the plan to build the $260 million building, which will offer 25 new permanent jobs, even though it recently cut 800 customer-service jobs in the Springs. And California is luring away another company: According to Los Angeles Business, Crocs Inc. will shut down its distribution center in Aurora and move its entire warehouse to La-La-Land. The move will eliminate 37 jobs, but won’t affect the main operations in Niwot. In the microprocessor arms race, a European Union antitrust ruling against Silicon Valley’s Intel Corp. is good news for Advanced Micro Devices Inc. The EU fined Intel $1.45 billion for its sales tactics that prohibited AMD from getting in on the deals to sell microprocessors in Europe. The company, which has a major design center in Fort Collins, has blamed Intel’s monopolistic behavior for some of its financial shortcomings, and company CEO Dirk Meyer tells the Associated Press the ruling is “an important step toward establishing a truly competitive market” in Europe.

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