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SpaceX’s propulsion chief elevates crowd in Santa Barbara

By   /  Wednesday, February 19th, 2014  /  Technology, Top Stories  /  3 Comments

SpaceX engine chief Tom Mueller spoke to a crowd of more than 100 in Santa Barbara on Feb. 19 at an event called “Exploring the Next Frontier: The Commercialization of Space is Lifting Off” hosted by the Central Coast MIT Enterprise Forum.

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Chinese firm to pump $665M investment into Santa Maria oil field

By   /  Wednesday, February 19th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Chinese firm to pump $665M investment into Santa Maria oil field

One of the most prominent oil field redevelopments in Santa Barbara County is set to be acquired by a Chinese jewelry firm. Houston-based ERG Resources confirmed to the Business Times that it is set to be acquired by Beijing-based Goldleaf Jewelry Co., a jewelry firm that also has gold mining investments.

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Vitesse makes play for Internet of things in turnaround tactic

By   /  Friday, February 14th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Vitesse makes play for Internet of things in turnaround tactic

Vitesse, which had $103.7 million in revenue last year, is hoping that the Internet of things will converge with the turnaround strategy it has been mounting for the past several years that is starting to come to fruition.

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Conversant dials down on new ad strategy

By   /  Friday, February 14th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Conversant dials down on new ad strategy

Conversant will align all of its business units — including a new SET Media video unit that it acquired for $26 million in cash and $4 million in stock days after its name change — around the goal of direct conversations between advertisers and consumers.

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Meet, greet and click: Firm connects event planners, conference centers

By   /  Friday, February 14th, 2014  /  Special Sections, Technology, Tourism  /  Comments Off on Meet, greet and click: Firm connects event planners, conference centers

Elite Meetings International is a company that started out aiming to make it easier for corporate planners to find a good luxury hotel but ended up helping those same hotels do more business by creating better booking software.

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Inogen IPO raises $70.5M, prices at low end

By   /  Thursday, February 13th, 2014  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Inogen IPO raises $70.5M, prices at low end

Goleta-based Inogen has raised $70.5 million in an initial public offering of 4.4 million shares priced at $16, the bottom of the expected $16 to $18 a share range, according to IPO investment firm Renaissance Capital.

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Conversant beats expectations in Q4

By   /  Tuesday, February 11th, 2014  /  Earnings, Technology, Tri-County Public Companies  /  Comments Off on Conversant beats expectations in Q4

Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.

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