Vinca Corp., and Helius Inc. Another early Canopy Group investment was Nombas, which unlike the others was located in the eastern portion of the country. In addition the ups and downs of Novell's fortunes led to executives or projects departing it and new companies being formed, some of which Canopy funded. Subsequently the Canopy Group shifted its Novell-specific focus to one that was more geared towards open source software and network infrastructure projects in general. Noorda had an early interest in the potential of Linux and Canopy financed Caldera, Inc. starting in 1995. He subsequently financed several other Linux-related companies as well, such as Lineo and Linux Networx. Noorda and Canopy would still maintain an interest in some Novell affairs, however: in March 1988 the group's webpage indicated that the Novell Family Trust's 7.37 percent of Novell shares would be voted to withhold approval from most of the Novell board of directors running for re-election. In June 1995, Noorda announced the creation of Canopy Technologies, which would provide marketing, distribution, and management services to small software companies. An early client of Canopy Technologies was Caldera, Inc. Canopy Technologies, which was based in Orem, Utah, would use an outsourcing model and take advantage of Noorda's network of firms and know-how. In 1996, Canopy Technologies, in league with Bain Capital, placed a bid to buy the WordPerfect division from Novell (the head of Canopy Technologies was Craig Bradley, a former WordPerfect executive). However, Corel Corporation's bid was accepted instead. In 1996, Ralph J. Yarro III was named as the general manager of The Canopy Group. By 1998, the Canopy Group was invested in 24 different companies which in turn employed a total of around 1,000 people. Noorda became Utah's most prominent venture capitalist. However unlike many venture capital firms, the Canopy Group under Noorda was not focused on reaching an exit strategy for its investments; instead, Yarro, said, Noorda "does it because he enjoys it, and he has the ability, both intellectually and financially, to pull it off." By the early 2000s, the Canopy Group had invested in dozens of companies, with 35 firms on its active roll as of 2003. Besides investments and management activities, the Canopy Group was also active in provided buildings for technology companies to host their offices in. Their campus for these buildings was in Lindon, Utah. While some of the tenants of these buildings were companies