Lynda.com buys coding platform
By Staff Report / Monday, April 7th, 2014 / Technology, Top Stories / Comments Off on Lynda.com buys coding platform
Carpinteria-based online learning company Lynda.com has purchased Compilr, a Canadian firm that runs a cloud-based platform for programmers to write and test code. Terms of the deal were not announced, but TechCrunch said people close to the transaction valued it at around $20 million. Last year, Lynda.com raised $103 million in its first round of Read More →
Read More →Irrigation technology firm raises $3.5M
By Staff Report / Thursday, April 3rd, 2014 / Agribusiness, Central Coast, Technology, Top Stories / Comments Off on Irrigation technology firm raises $3.5M
San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.
Read More →Ventura surgical products firm wins $30M trademark verdict
By Staff Report / Thursday, April 3rd, 2014 / Law, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ventura surgical products firm wins $30M trademark verdict
A Ventura-based surgical products company won a $30 million jury verdict today in a trademark infringement lawsuit. The verdict is the second attempt at a decision for Neurovision Medical Products, which sued San Diego-based medical device firm NuVasive in 2009. Neurovision alleged that NuVasive willfully infringed on the Ventura company’s “Neurovision” trademark. A jury in Read More →
Read More →Amgen pays $290M to exit osteoporosis drug deal
By Staff Report / Thursday, April 3rd, 2014 / Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen pays $290M to exit osteoporosis drug deal
Amgen will pay $290 million to end its collaboration with British drugmaker GlaxoSmithKline to commercialize the osteoporosis drug denosumab in certain markets outside the U.S.
Read More →Disease-carrying citrus psyllid found in SLO County
By Staff Report / Tuesday, April 1st, 2014 / Agribusiness, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County / Comments Off on Disease-carrying citrus psyllid found in SLO County
The Asian citrus psyllid, a tiny pest that spreads a disease fatal to citrus trees, has been discovered in San Luis Obispo County for the first time. The bug was found in an insect trap at a home near Arroyo Grande, the San Luis Obispo County Department of Agriculture said on April 1, prompting agricultural Read More →
Read More →Updated: Select Staffing files pre-packaged Ch. 11 bankruptcy
By Staff Report / Tuesday, April 1st, 2014 / Banking & Finance, South Coast, Top Stories / 1 Comment
The Select Staffing Family of Companies, the Santa Barbara-based staffing services giant, filed a pre-packaged Chapter 11 bankruptcy on April 1 listing between $50 million and $100 million in debts and $100 million to $500 million in assets.
Read More →Vandenberg apartments sell in Lompoc area’s largest deal in 3 years
By Staff Report / Monday, March 31st, 2014 / Central Coast, Latest news, Real Estate, Top Stories, Tri-County Economy / 1 Comment
A 122-unit apartment complex near Vandenberg Air Force Base in Lompoc has been sold after listing for $14 million. The sale of the Vandenberg Garden Apartments marks the largest sale of multifamily property in north Santa Barbara County since La Vista in Santa Maria changed hands in 2011 for $42 million, according to Radius Read More →
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