Cal Lutheran students win Startup Weekend
Rep Watch won the inaugural Startup Weekend Ventura County late March 13. Four California Lutheran University students created the company in just 53 hours over the weekend. During that time, Rep Watch created a device that measures the health of injured body parts. The event was held March 11-13 at Rancho Campana High School in Read More →
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Amid losses, Sientra makes an acquisition
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Read More →New CSU Channel Islands chief hopes to grow enrollment
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Read More →George Powell is chairman of the boards
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Read More →Sonos announces layoffs
Santa Barbara audio technology company Sonos, the fast-growing startup that is now a major downtown employer, has begun layoffs as it refocuses on voice controls. Sonos founder and CEO John MacFarlane made the announcement late March 9 in a blog post on the privately-held company’s website. The number of layoffs was not disclosed. “We are Read More →
Read More →Implant scandal takes toll on Sientra
Months after a scandal erupted over contaminated implants, Sientra released earnings results that showed how much a suspension of sales hurt the company. The Goleta-based breast implant manufacturer released fourth quarter and year-end earnings on March 9. Revenues fell to just $1.5 million, compared to $12.1 million a year ago. Net losses ballooned from $3.2 Read More →
Read More →Semtech beats analysts’ revenue estimates
Semtech beat analyst estimates but revenues sank again as weak mobile phone demand hampered the Camarillo-based semi conductor manufacturer. The company reported fourth quarter and year end results March 2 for the 2016 fiscal year. Fourth quarter revenues fell 9 percent from $130.4 million in 2015 to $118.6 million in 2016. According to Yahoo Finance, Read More →
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