Berry good: Fruit coating technology wins startup contest
Results from UC Santa Barbara’s New Venture Competition on May 9.
Read More →CalAmp signs $25M contract
Oxnard-based wireless products maker CalAmp Corp. has signed a $25 million contract with Navman Wireless for fleet-tracking products. CalAmp said May 7 that under the five-year deal, it has purchased several products and technologies from Navman and set up a research and development center in New Zealand that is staffed by 14 employees brought over Read More →
Read More →Bloomberg: Amgen targeted in lawmakers’ probe
Thousand Oaks-based Amgen is among a handful of drugmakers being probed for more information about a deal it reached with the Obama administration to support the health care overhaul Democrats passed in 2010, according to Bloomberg News. The news agency reported on May 4 that a group of Republicans on the House Energy and Commerce Read More →
Read More →New firms ready to hatch as Startup Weekend comes to Santa Barbara
Spring startup madness promises to continue into summer as Startup Weekend comes to Santa Barbara after a successful run in San Luis Obispo earlier this year. For the unfamiliar, Startup Weekend is a Seattle-based nonprofit that helps people in cities around the world facilitate events where designers, coders and business minds meet. Once everyone’s together, Read More →
Read More →Power-One predicts European solar revival in Q2
Signs of a resurgence in its European market prompted Power-One to project better-than-expected second-quarter profits on May 3 even as it said that first-quarter income dropped 84.1 percent to $4.9 million, or 3 cents per diluted share. Net sales were up 8.3 percent to $225.8 million. The company’s renewable energy division contributed $149 million to Read More →
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