Loading...
You are here:  Home  >  Top Stories
Latest

Sientra to go public, raise up to $86.2M

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Top Stories  /  No Comments

Santa Barbara-based breast implant maker Sientra filed papers Sept. 19 to raise up to $86.2 million in an initial public stock offering.

Read More →
Latest

Stollmeyer family gives $1M to French Hospital

By   /  Friday, September 19th, 2014  /  Central Coast, Health Care, Nonprofits, Top Stories, Tri-County Economy  /  No Comments

Mindbody CEO Rick Stollmeyer and his ex-wife are making a $1 million gift to French Hospital Medical Center in San Luis Obispo. Rick Stollmeyer, co-founder and chief executive of SLO-based software firm Mindbody, and Lori Stollmeyer Ryan made the gift to support the hospital’s “Well into the Future” campaign, which includes the expansion and remodel […]

Read More →
Latest

Henley named vice chair at Oracle

By   /  Friday, September 19th, 2014  /  Technology, Top Stories, Tri-County Economy  /  No Comments

Jeff Henley in a Business Times photo from 2005. The Oracle chairman recently awarded $50 million to UC Santa Barbara, the university’s largest philanthropic gift ever. (Business Times/Jeff Clark file photo)

  Santa Barbara resident Jeff Henley will become vice chairman of the board of software giant Oracle Corp. as longtime CEO Larry Ellison steps down and become chairman. Oracle announced Thursday that billionaire founder Ellison will be replaced by Mark Hurd and Safra Catz who will both have the CEO title. Ellison will formally be […]

Read More →
Latest

Ad tracking strategy pays off in $2.3B Conversant deal

By   /  Friday, September 19th, 2014  /  East Ventura County, South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

Conversant CEO John Giuliani, who joined the company formerly known as ValueClick after selling his former venture to it. Under Giuliani's leadership, Conversant is now being sold for $2.3 billion. (courtesy photo)

  It took him two years, but John Giuliani is the man who finally made Conversant ready for a sale. And even though his stake in the Westlake Village-based advertising technology firm’s $2.3 billion cash-and-stock merger with Alliance Data Systems announced Sept. 11 will be worth about $96 million, Giuliani has no plans to cash […]

Read More →
Latest

HP jumps into the cloud with Eucalyptus buy

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

While it’s unclear whether the rise and sale of Goleta-based Eucalyptus Systems to tech giant Hewlett-Packard Co. was a major financial success for its investors, one thing is certain: The South Coast is now on the map as having proved the viability of open-source hybrid cloud computing and will have contributed an important component to HP’s cloud strategy going forward.

Read More →
Latest

Haas Automation plots expansion in California after deal with state

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Haas Automation executive Peter Zierhut at its Oxnard plant. After considering expanding out-of-state, Haas may well stay in California, according to people familiar with the firm’s plans. (Business Times file photo)

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.

Read More →
Latest

SoCal Edison, nursery square off in Moorpark

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy  /  No Comments

Sparks are flying in a dispute between Southern California Edison and Performance Nursery, a tenant on the electric utility company’s Moorpark property. In late July, SoCal Edison sent a letter to Performance Nursery, which has leased 42 acres at Tierra Rejada Road and Arroyo Simi for almost 30 years, giving it until Oct. 15 to […]

Read More →