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By Stephen Nellis / Thursday, September 6th, 2012 / Banking & Finance, Latest news, Technology, Tri-County Economy / Comments Off on Clipper sued for $60M amid layoffs
Carpinteria-based Clipper Windpower faces a $60 million lawsuit from a wind farm developer shortly after it laid off 174 people. First Wind Energy, a Boston-based wind farm developer with projects in New York, Hawaii and several other states, filed suit on Sept. 4 in Santa Barbara County Superior Court. Most of the complaint is sealed. Read More →
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By Stephen Nellis / Friday, August 31st, 2012 / Features, Technology / Comments Off on Powering up a vision: Visus founder turned setbacks into software
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By Stephen Nellis / Friday, August 31st, 2012 / Technology, Top Stories, Tri-County Economy / Comments Off on Region’s defense firms brace for $113M in cuts
If a $55 billion cut to the U.S. defense budget takes effect on Jan. 2 as planned, small and mid-sized military contractors in the Tri-Counties stand to be hit the hardest by a $113 million reduction in the $1.2 billion that currently goes to defense spending in the region. The military cuts are part of Read More →
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By Stephen Nellis / Tuesday, August 28th, 2012 / Latest news, Technology / Comments Off on RightScale named pioneer by Davos group
Santa Barbara-based RightScale has joined the ranks of Google, Twitter and PayPal as the winner of an award from the World Economic Forum, the group that holds its famous meetings in Davos each year. The forum named RightScale a 2013 Technology Pioneer. The award goes to startups with “the potential to transform business and society,” Read More →
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By Staff Report / Monday, August 27th, 2012 / Banking & Finance, Latest news, Technology / Comments Off on UCSB spinout sold to medical supply giant
Sirigen, a UC Santa Barbara biomedical technology spinout, has been acquired by New Jersey-based Becton Dickinson and Co. The company was founded in 2003 by two students and a professor to enter UCSB’s New Venture Competition. Sirigen won the competition in May 2003. The company’s technology tapped recently discovered conductive polymers to improve what are Read More →
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By Stephen Nellis / Friday, August 24th, 2012 / Real Estate, Technology, Top Stories / Comments Off on VW unveils $27M Oxnard testing center
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