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The good, the bad and the fake: Santa Barbara firm double checks sales leads data

By   /  Friday, January 4th, 2013  /  Features, Small Business, Technology  /  Comments Off on The good, the bad and the fake: Santa Barbara firm double checks sales leads data

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Nexsan sold for $120M

By   /  Thursday, January 3rd, 2013  /  Banking & Finance, Latest news, Technology  /  Comments Off on Nexsan sold for $120M

Thousand Oaks-based Nexsan Corp., a maker of hard-disk storage arrays for mid-sized businesses, has been purchased by Imation Corp. for $120 million. Imation will pay $105 million in cash and 3.3 million common shares, worth about $15 million, for the Thousand Oaks firm. Nexsan is privately held but kicked off an unsuccessful bid to go Read More →

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CalAmp buys Wireless Matrix for $53M

By   /  Wednesday, January 2nd, 2013  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp buys Wireless Matrix for $53M

Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying the U.S. operations of Wireless Matrix Corp. for $53 million in cash. CalAmp said it expects the deal, which will likely close in the first quarter of 2013, to be accretive to its non-GAAP earnings starting in 2014. Wireless Matrix is a Read More →

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QAD buys Michigan firm for $5M

By   /  Monday, December 31st, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD buys Michigan firm for $5M

Santa Barbara-based manufacturing software firm QAD said Dec. 31 that it purchased Michigan-based Cebos for $5 million in cash. QAD sells planning and management software used by large manufacturing firms around the world. Cebos provides management and regulatory compliance software. QAD will pay $3.5 million upon closing the deal and then $1.5 million subject to Read More →

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Infrared pioneers return with $20M in funding

By   /  Friday, December 21st, 2012  /  Technology, Top Stories  /  Comments Off on Infrared pioneers return with $20M in funding

[Editor’s note, Dec. 24, 2012: The story originally contained multiple inaccuracies about the history of the infrared sensor industry in the Tri-Counties. A corrected version has been posted below.] A pair of entrepreneurs who built up and then sold Goleta-based Indigo Systems to Flir Systems are back in action with $20 million in fresh capital Read More →

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Making the grade: Currie offers power assist to hill-challenged bicycle riders

By   /  Friday, December 21st, 2012  /  Features, Technology  /  Comments Off on Making the grade: Currie offers power assist to hill-challenged bicycle riders

Uncounted numbers of bicycles are gathering dust in garages, most likely because their owners are too challenged by the hills in their neighborhood. Currie Technologies, a company that moved to Simi Valley at the end of November, is growing at a robust pace by offering an alternative that saves energy costs while improving health and Read More →

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InTouch readies for patent war counter punch

By   /  Friday, December 14th, 2012  /  Central Coast Health Watch, Law, Technology, Top Stories  /  Comments Off on InTouch readies for patent war counter punch

Goleta-based InTouch Health, a maker of telemedicine robots, plans to appeal a jury verdict that found a New Hampshire company didn’t infringe on its patents and that two of its patent claims were invalid. InTouch sued VGo Communications in federal court in Los Angeles last year claiming that the New England company violated three of Read More →

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