The Marshalls-occupied building at 900 State St. in downtown Santa Barbara has been sold for $14.3 million in an all-cash off-market deal, marking a 43 percent premium over the last time the property changed hands.Read More →
Inogen was founded in 2001 by three UCSB students, one of whom had a grandmother who had recently been placed on oxygen therapy. The therapy required heavy, bulky oxygen tanks that could not be taken on airplanes and other places.
After winning the New Venture Competition business plan contest at UCSB, the team went on to develop a device that used electricity to concentrate oxygen from the air. The concentrators were lighter and less bulky, weighting between 4.8 and 7 pounds.Read More →
The future of health care in South Santa Barbara County became considerably clearer in recent days, with the biggest merger in decades headed off for regulatory review and hiccups in the delivery of care through the state insurance exchange and to the poor largely resolved.Read More →
While other mom-and-pop shops got caught up in a race to the bottom on retail pricing, Jensen Music relied on non-tradeable services to stay in business, repairing instruments and dedicating about half of its space to lesson rooms and instruction.Read More →
Born in Norway, Kavli made his way to the United States after World War II to pursue physics and expand on his lifelong entrepreneurial streak. In the late 1950s, he founded Kavlico Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.Read More →
Cal Poly San Luis Obispo is rolling out a new Cybersecurity Center in collaboration with Northup Grumman and Raytheon with an eye toward training security experts for the defense industry and giving all of its engineering students a firmer grasp of how to make their creations secure against hackers.Read More →
A device made by Santa Barbara-based Active Life Scientific played a critical role in a new study at the Mayo Clinic linking Type 2 diabetes to bone problems.Read More →