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By Erika Martin / Thursday, October 9th, 2014 / Latest news, South Coast, Technology / Comments Off on Channel Technologies buys Massacusetts defesnse firm
Santa Barbara-based military contractor Channel Technologies Group announced today that it has acquired Materials Systems Inc., a producer of sonar technology. The value of the deal was not disclosed. The Massachusetts-based firm will become a wholly owned subsidiary of Channel Technologies, which is owned by private equity group Blue Wolf Capital Partners. Both companies use Read More →
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By Stephen Nellis / Friday, October 3rd, 2014 / Small Business, South Coast, Technology, Top Stories / Comments Off on ParentSquare software helps connect classrooms
Santa Barbara-based startup ParentSquare is making a communication system that hopes to reach all parents, regardless of what kind of communication technology they have at home or what language they speak.
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By Elijah Brumback / Monday, September 29th, 2014 / Real Estate, South Coast, Tri-County Economy / Comments Off on Upper State Street retail center sells for $3.1M
Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →
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By Stephen Nellis / Friday, September 26th, 2014 / South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $86.2M Sientra IPO plumps up public-company ranks
With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →
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