Utah’s ‘Silicon Slopes’ tech sector is making a run at Silicon Valley [Video]

This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and employees.

Forget Silicon Valley. Salt Lake City’s tech scene is on the rise. Its ecosystem, known as Silicon Slopes, has transformed into a thriving network of startups and big tech companies over the past two decades, spanning multiple cities in the Salt Lake area. This rapid growth earned it the top spot on Wall Street Journal’s list of hottest job markets in 2023.

At the heart of this transformation are companies like Adobe, which helped lay the groundwork for Silicon Slopes’ rise. Adobe’s presence in the Salt Lake area began in 2009, when the software giant announced it was acquiring web analytics company Omniture for $1.8 billion. The deal paved the way for Adobe to establish a campus, nestled in the scenic mountains of Lehi, just 30 minutes south of Salt Lake …