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Competition heats up in infrared market as Flir, Seek Thermal release smartphone products

By   /  Friday, August 22nd, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Competition heats up in infrared market as Flir, Seek Thermal release smartphone products

  This holiday season, two South Coast firms will compete to sell what could be the hottest gadget gift of the year: affordable thermal cameras for smartphones. Goleta-based Seek Thermal, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $30 million, said Aug. 19 that it will offer a Read More →

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Infrared firms face off in smartphone market

By   /  Monday, August 18th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on Infrared firms face off in smartphone market

Affordable thermal imaging is coming to a smartphone near you, with the South Coast emerging as a technology hotspot. Goleta-based Tyrian Systems, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $28.3 million, is changing its name to Seek Thermal and will offer a camera that plugs into smartphones Read More →

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A healthy image: Karl Storz counts on software to lead growth

By   /  Friday, August 15th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on A healthy image: Karl Storz counts on software to lead growth

An emphasis on video processing and precision manufacturing are driving growth at Karl Storz Imaging in Goleta.

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TrueVision looks for growth with eye surgery system patent

By   /  Friday, August 15th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on TrueVision looks for growth with eye surgery system patent

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Editorial: South Coast shoppers’ hunt for Target continues

By   /  Friday, August 15th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: South Coast shoppers’ hunt for Target continues

Let the Target wars begin. South Santa Barbara County once again is in pursuit of the iconic red logo that has become a destination for typically female middle-class shoppers seeking home goods, back-to-school clothes and food at discount prices. Somehow, the South Coast wound up with K-Mart and Sears stores but Target so far has Read More →

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Inogen raises 2014 guidance after beating on Q2 profits

By   /  Tuesday, August 12th, 2014  /  Banking & Finance, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Inogen raises 2014 guidance after beating on Q2 profits

Shares of Goleta-based Inogen climbed 4.3 percent in after-hours trading on Tuesday as the medical-device maker reported better-than-expected second-quarter revenue and profit. The company, which went public earlier this year, makes portable at-home oxygen concentrators. Its second-quarter revenue soared 50.8 percent to $30.4 million, beating the Capital IQ Consensus Estimate by $6.5 million. Product sales Read More →

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Target toughens talk in Goleta store hunt

By   /  Friday, August 8th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Target toughens talk in Goleta store hunt

Target Corp., the second-largest discount retailer in the U.S., is searching for a new site for a potential store in Goleta. It is no longer under contract to purchase the site long planned for a store at Hollister Avenue and Los Carneros Way in Goleta, insiders say, but several options remain open as the big-box Read More →

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