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Channel Technologies buys Massacusetts defesnse firm

By   /  Thursday, October 9th, 2014  /  Latest news, South Coast, Technology  /  Comments Off on Channel Technologies buys Massacusetts defesnse firm

Santa Barbara-based military contractor Channel Technologies Group announced today that it has acquired Materials Systems Inc., a producer of sonar technology. The value of the deal was not disclosed. The Massachusetts-based firm will become a wholly owned subsidiary of Channel Technologies, which is owned by private equity group Blue Wolf Capital Partners. Both companies use Read More →

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Blue LED pioneer Nakamura becomes UCSB’s sixth Nobel laureate

By   /  Tuesday, October 7th, 2014  /  South Coast, Technology, Top Stories  /  Comments Off on Blue LED pioneer Nakamura becomes UCSB’s sixth Nobel laureate

Click here for the Business Times’ updated coverage.   UC Santa Barbara professor Shuji Nakamura and two scientists based in Japan, Hiroshi Amano and Isamu Akasaki, were chosen as recipients of the 2014 Nobel Prize in Physics. The committee selected the team for its invention of the blue light-emitting diode, or LED, which allows white light to Read More →

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Nellis bids farewell with final thoughts about tech corridor

By   /  Friday, October 3rd, 2014  /  Central Coast, Columns, East Ventura County, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Nellis bids farewell with final thoughts about tech corridor

Today is my final day at the Pacific Coast Business Times. By the time you read this, I’ll be working at a startup in San Francisco. But for the past seven years, I’ve had the pleasure of covering technology and innovation in the Tri-Counties. I’ve reported on everything from semiconductor firms that have been in Read More →

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ParentSquare software helps connect classrooms

By   /  Friday, October 3rd, 2014  /  Small Business, South Coast, Technology, Top Stories  /  Comments Off on ParentSquare software helps connect classrooms

Santa Barbara-based startup ParentSquare is making a communication system that hopes to reach all parents, regardless of what kind of communication technology they have at home or what language they speak.

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Clean Diesel chairman resigns, metals industry veteran steps in

By   /  Tuesday, September 30th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel chairman resigns, metals industry veteran steps in

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean Read More →

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News Corp. to buy Move for $950M

By   /  Tuesday, September 30th, 2014  /  Real Estate, Technology, Top Stories  /  Comments Off on News Corp. to buy Move for $950M

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

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SLO telecoms to merge

By   /  Monday, September 29th, 2014  /  Central Coast, Latest news, Technology  /  Comments Off on SLO telecoms to merge

Norcast Telecom and Blue Rooster Telecom, two San Luis Obispo-based firms that provide voice and data service to about 2,500 Central Coast business customers, are merging.

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