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Google, Microsoft vie for UCSB top minds with quantum initiatives

By   /  Friday, September 12th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

Google has selected a UC Santa Barbara lab for a new quantum-computing initiative just a short distance from where Microsoft has an established outpost, setting up a battle among tech giants on the South Coast. On Sept. 2, Google’s Quantum Artificial Intelligence Lab said that it was launching a new hardware push to design and […]

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Transphorm powers up portfolio with GaN patents

By   /  Friday, September 12th, 2014  /  Law, Technology  /  No Comments

Primit Parikh, left, and Umesh Mishra founded Transphorm, which aims to reduce wasted heat energy. Parikh holds one of Transphorm’s systems; Mishra displays an older technology. (Stephen Nellis / Business Times file photo)

Goleta-based Transphorm, an energy-efficiency company spun out of UC Santa Barbara, said it has been granted two patents that it believes could cover as much as 60 percent of its target market in power-conversion electronics.

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Conversant to sell for $2.3B, Eucalyptus acquired by HP

By   /  Thursday, September 11th, 2014  /  Latest news, Technology, Top Stories  /  1 Comment

In what could be the region’s biggest-ever day for tech deals, Westlake Village-based Conversant said it will be sold to Dallas-based Alliance Data Systems in a deal valued at $2.3 billion, and Santa Barbara-based Eucalyptus Systems said it will be bought by HP.

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The posting police: Social Intelligence roots out workers’ comp fraud

By   /  Friday, September 5th, 2014  /  Small Business, South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

SocialIntelligenceWEB

Santa Barbara-based Social Intelligence, a firm that combs social media and other sites for red flags about potential employees, has inked a new deal to help combat workers’ compensation fraud.

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Governments, businesses band together on better broadband

By   /  Friday, September 5th, 2014  /  Central Coast, Columns, East Ventura County, South Coast, Technology, Tri-County Economy, West Ventura County  /  No Comments

Stephen Nellis

The Broadband Consortium Pacific Coast has been launched to bring the region’s Internet up to speed. The effort is a collaboration between public- and private-sector officials in Ventura, Santa Barbara and San Luis Obispo counties and has received an initial $300,000 in grant funding for its first two years from the California Public Utilities Commission.

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Transphorm secures GaN patents

By   /  Thursday, September 4th, 2014  /  Latest news, South Coast, Technology  /  No Comments

Goleta-based Transphorm, an energy-efficiency company spun out of UC Santa Barbara, said it has been granted two patents that it believes could cover as much as 60 percent of its target market in power-conversion electronics.

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Teledyne to buy offshore oil equipment maker for $171M

By   /  Wednesday, September 3rd, 2014  /  Banking & Finance, Technology, Tri-County Public Companies  /  No Comments

Thousand Oaks-based industrial conglomerate Teledyne Technologies is buying Bolt Technology Corp., a maker of offshore oil exploration equipment, in an all-cash deal valued at $171 million. Teledyne said Sept. 3 that it will pay $22 per share to buy the Connecticut manufacturer. Bolt makes and supplies marine seismic energy products and replacement parts for offshore […]

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