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By Staff Report / Wednesday, July 1st, 2015 / East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Baxter Bioscience becomes Baxalta
East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the Read More →
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By Philip Joens / Friday, June 26th, 2015 / Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Appfolio has successful IPO; stock closes Monday at $13.70
Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 Read More →
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By Philip Joens / Friday, June 26th, 2015 / Central Coast, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Tri-county tech scene taking off
The tri-county tech scene is buzzing at a rate unseen since the dot-com boom of the late 1990s and early 2000s. Invoca, the Santa Barbara-based telephone marketing automation firm, has joined the ranks of companies in the Tri-Counties on the path to an IPO. Invoca’s announcement June 25 capped a whirlwind spring for tri-county tech Read More →
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By Philip Joens / Monday, June 22nd, 2015 / Banking & Finance, Central Coast, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Reality sets in for San Luis Obispo’s MindBody
For San Luis Obispo’s MindBody, reality has set in. The party is over. After early excitement about its initial public offering Friday, reality set in when shares plummeted about 17.4 percent by the end of the day. MindBody shares were rebounding slightly Monday morning. MindBody raised $101 million by selling 7.2 million shares at $14 Read More →
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By Staff Report / Friday, June 19th, 2015 / Banking & Finance, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Westlake Village’s Cynvenio Biosystems raises $25.5 million in equity financing
Westlake Village-based Cynvenio Biosystems raised $25.5 million in Series B equity financing Wednesday. Cynvenio’s LiquidBiopsy technology allows doctors to access populations of rare cancer cells in whole blood. At the same time, it allows doctors to analyze complex characteristics of cancers in a single blood sample. The investment was led by Livzon Pharmaceutical Group, which Read More →
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By Staff Report / Friday, June 19th, 2015 / Central Coast, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on San Luis Obispo’s REC Solar acquires Stellar Energy
REC Solar acquired Stellar Energy from Stellar’s parent company Soligent Holdings on Wednesday in an asset purchase agreement. San Luis Obispo-based REC Solar will add 62 current solar projects and 60 megawatts to its portfolio with the acquisition of Stellar Energy, the leading solar provider in the West. “We are excited about the breadth of Read More →
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