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New Yorker faces SEC charges over Clean Diesel trades

By   /  Tuesday, July 22nd, 2014  /  Latest news, Law, Technology, Tri-County Public Companies, West Ventura County  /  No Comments

A New York investor relations executive has been charged with insider trading for using knowledge gained preparing press releases for Oxnard-based Clean Diesel Technologies for personal profit.

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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker […]

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Network Hardware Resale becomes Curvature as strategy shifts

By   /  Friday, July 18th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

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Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.

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Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

By   /  Friday, July 18th, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  No Comments

A year ago, the management team at Simi Valley-based Qualstar was ousted by Florida-based BKF Capital, which vowed to cut costs and executive compensation while expanding international sales.  (Stephen Nellis / Business Times photo)

One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.

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Tracking trucks: ClearPathGPS offers fleet monitoring from the cloud

By   /  Friday, July 18th, 2014  /  Small Business, South Coast, Technology, Tri-County Economy  /  No Comments

Chris Fowler, left, and Steve Wells are two veteran software executives who founded Santa Barbara-based ClearPathGPS. The service allows owners of commercial vehicle fleets to track drivers, fuel usage, maintenance schedules and more. (Stephen Nellis / Business Times photo)

Two Santa Barbara software veterans have started ClearPathGPS to make that technology affordable and easy to use for fleets as small as five vehicles.

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Teledyne dives into underwater drone business with Ocean Aero deal

By   /  Friday, July 11th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean […]

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Hawaii utility project is largest-ever for REC Solar

By   /  Friday, July 11th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

San Luis Obispo-based REC Solar has broken ground on its biggest project yet, a 12-megawatt installation for a Hawaiian utility cooperative.

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