Under pressure to sell itself, Vitesse plans $30M stock offering
Shares of Camarillo-based Vitesse Semiconductor Corp. were down 15 percent to $2.30 in mid-day trading June 19 as the company announced a public stock offering to raise up to $30 million. The move comes as the company faces pressure from Columbia Pacific Advisors, an investment firm that owns nearly 10 percent of Vitesse, to sell Read More →
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Grass-to-gas firm to get $100M for first project
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Read More →Springs Fire throws another challenge at CSU Channel Islands
It could be the understatement of the decade to say that nothing has come easily for CSU Channel Islands. The university, which celebrates its 10th anniversary this year, was created out of a former mental hospital after years of wrangling by area leaders over a suitable location. It emerged from the shadow of its start-up Read More →
Read More →A stout business plan: Brendan’s Irish Pub expands
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Read More →Camarillo blaze forces home evacuations; CSUCI class cancellations
Hundreds of homes in Ventura County are being evacuated after a massive brush fire ignited early Thursday morning near the 101 freeway in Camarillo. Fire authorities have ordered evacuations for neighborhoods in Camarillo and Newbury Park and nearby areas after the so-called Springs Fire erupted at around 6:30 a.m. on May 2 and quickly consumed Read More →
Read More →Swiss firm snags Power-One at bargain price
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Read More →Power-One to be acquired by Swiss firm for $1B
Camarillo-based Power-One, a maker of inverters for solar power systems, is set to be acquired by Swiss industrial group ABB for $6.35 per share in a deal valued at about $1 billion. The deal bookends Power-One’s mid-2000s turnaround strategy. After struggling as a maker of computer power supplies, in 2006 Power-One bought an Italian inverter Read More →
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