05-05-17 / 6:25 AM / HIGH-TECH BOOM IN BIG SKY COUNTRY.


The Osgood File. Sponsored in part by Dell. It’s Small Business Month and Dell is saying thank you with up to 40 percent off Business PCs with Intel Core processors. Call a Dell Small Business Advisor today at 877-BUY-DELL. This is Charles Osgood.

California’s Silicon Valley is so called because of all the high tech companies that are concentrated there, but it is not a monopoly.

Our CBS News colleague Meg Oliver went to Montana’s Big Sky Country, where many high-tech outfits have sprung to life…

VO – Meg Oliver, CBS News Correspondent
“The industry here is growing seven times the state economy and paying twice the median wage.” (:06)

More after this…

((( BREAK )))

People used to say you have to leave Montana to succeed in business.

No more, though, says Meg Oliver…

VO – Meg Oliver
“This office looks more like a college dorm than a thriving, multimillion-dollar tech company.” (:05)

SOT- Tom Stergios, with Meg Oliver
“(Oliver:) You even have a putting green over here. (Stergios:) Of course, get a little physical exercise…” (:05)

VO – Meg Oliver
“This Big Sky slice of Silicon Valley was the brainchild of Montana native Tom Stergios. Six years ago after moving home from Washington, DC, he took a gamble and started an office in Missoula for Advanced Technology Group with one employee.” (:15)

SOT – Tom Stergios, with Meg Oliver
“(Stergios:) It grew very fast. After about 12 months, there were 12. (Oliver:) How many are you gonna hire this year? (Stergios:) We’re looking to hire between 35 and 40 this year.” (:07)

VO – Meg Oliver
“Bozeman is another town benefiting from the high-tech boom. Entrepreneur and now Congressional candidate Greg Gianforte started a tech company here with 5,000 dollars. That was 1997. In 2011, Oracle bought it for 1.8 billion.” (:15)

There’s a growing number now of high-tech firms, says Meg Oliver…

VO – Meg Oliver
“Firms that are attracting not only Montanans looking to stay, but out-of-staters looking for quality of life. It’s a wide open frontier for high paying, high tech jobs – and a river runs through it.” (:13)

So it does…

The Osgood File. This is Charles Osgood on the CBS Radio Network.