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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 Jorge Mercado / Monday, December 21st, 2020 / Agribusiness, Banking & Finance, Earnings, Latest news, right, Top Stories, Tri-County Public Companies / Comments Off on More avocado consumption doesn’t add up to more profit for Calavo
Americans have been eating more avocados than ever during the pandemic, but the companies that sell them avocados aren’t necessarily profiting from the growing volume. Around 70% of U.S. households will have purchased avocados in 2020, with consumption on pace to top 6.25 billion avocados, 64% more than U.S. consumers bought in 2014, according to Read More →
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By Jorge Mercado / Friday, December 11th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
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By Jorge Mercado / Tuesday, December 8th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Simi Valley’s AeroVironment buys German robotics firm for $45M
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →
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By Jorge Mercado / Monday, December 7th, 2020 / Banking & Finance, Biotech, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on MannKind makes $12.5M pharma buy
MannKind Corp., a biotech company based in Westlake Village, announced Dec. 7 that it has acquired a QrumPharma, a privately held biotech company, in a $12.5 million deal. MannKind has purchased all outstanding capital stock of QrumPharma for $3.5 million in cash and just over 3 million shares of MannKind common stock. At MannKind’s stock Read More →
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