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By Staff Report / Thursday, January 14th, 2021 / Banking & Finance, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment shares take off after $405M drone deal announced
Shares of Simi Valley-based drone company AeroVironment shot up more than 25% on Jan. 14, the day after the company announced a $405 million acquisition of a privately held military drone provider. AeroVironment is acquiring Arcturus UAV, a major provider of Group 2 and 3 unmanned aircraft systems to the U.S. military, for $405 million. Read More →
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By Jorge Mercado / Thursday, January 7th, 2021 / Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies / Comments Off on Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition
For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →
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By Staff Report / Monday, January 4th, 2021 / Banking & Finance, Earnings, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Teledyne to buy Flir in $8B deal
Teledyne Technologies, a multinational conglomerate based in Thousand Oaks, will spend around $8 billion in cash and stock to buy Flir Systems, a thermal imaging company with a manufacturing and research and development facility in Goleta. The deal was announced early in the morning on Jan. 4, and has been approved by the boards of Read More →
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By Amber Hair / Thursday, December 31st, 2020 / Central Coast, East Ventura County, Latest news, right, South Coast, Subscriber content, Top Stories, Tourism, Tri-County Economy, West Ventura County / Comments Off on Coming in 2021: Economic recovery, eventually
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By Jake Piazza / Thursday, December 31st, 2020 / Central Coast, Central Coast Health Watch, East Ventura County, Latest news, middle, Restaurants, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Restaurant losses mount since outdoor dining ban
Restaurants across the country have been decimated by the COVID-19 pandemic, and the latest stay-home order in Southern California hasn’t helped. One restaurant owner said sales are down 80% since outdoor dining ended.
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By Jorge Mercado / Thursday, December 31st, 2020 / Biotech, Central Coast, East Ventura County, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Five tech business trends to watch in 2021
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
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