Transphorm, Fujitsu and Fujitsu Semiconductor said they had reached an agreement to merge their gallium-nitride, or GaN, power supply lines of business. The deal is expected to result in Fujitsu and its semiconductor subsidiary both taking minority stakes in Transphorm in exchange for creating a new entity in Japan that will be capable of high-volume production. The companies said the move will “dramatically improve the market competitiveness of Transphorm’s GaN power device business.”Read More →
He has been actively involved with business and economic development groups, forming the so-called “Gold Team” to focus on attracting and retaining jobs in the state. For that effort he partnered with Lt. Gov. Gavin Newsom, a San Francisco Democrat. The Ventura County Economic Development Association and Chambers of Commerce Alliance for Ventura and Santa Barbara Counties were also involved.Read More →
A company looking to shake up the moving industry took home $55,000 and the top spot at Santa Barbara’s third Startup Weekend, one of 200 such gatherings taking place across the globe Nov. 15-17.
The event challenges budding entrepreneurs and programers to launch a startup with just 54 hours separating the concept and final product. The events have been held in Santa Barbara, Santa Maria and San Luis Obispo. The execution, design and business model of the pitches were judged by Kevin O’Connor, co-founder and CEO of Summerland-based FindTheBest; Klaus Schauser, co-founder and chief strategist of AppFolio in Goleta; and Jon Funk of Ocean Road Partners, among others.
A website called NextMover took home first place for its interface that aims to provide users a cheaper alternative to moving companies. Marketing itself as “your friend with a truck,” the site connects movers with others who can get the job done and are looking to make a quick buck.Read More →
Clean Diesel said Nov. 12 that it and the Italian auto parts firm had decided to cancel a project launched earlier this year that brought Clean Diesel’s catalytic converter coatings to Europe.Read More →