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 →
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 →
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 →
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.
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.
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 →
