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Nonprofit seizes opportunity to turn hassle into new facility

By   /  Monday, October 11th, 2010  /  Columns, Nonprofits, Real Estate  /  Comments Off on Nonprofit seizes opportunity to turn hassle into new facility

Question: The city wants to extend a road through your property, right through a corner where several key buildings are located. What do you do? (a) Put up a fight. (b) Sell the city the land, and use the proceeds as seed money to build a new facility on your remaining property. Santa Maria-based VTC Read More →

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Southwest on South Coast: A LUV story

By   /  Monday, October 11th, 2010  /  Columns, Opinion  /  Comments Off on Southwest on South Coast: A LUV story

At Santa Barbara Municipal Airport these days, construction crews are making progress on a $60  million expansion. When it opens next spring, the airport will get a new, two-story terminal, waiting areas that actually have bathrooms and five gates served by jetways. Thirteen hundred miles away in Dallas, the nation’s most profitable airline is also in Read More →

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AOL’s $50M local news venture hits region

By   /  Monday, October 11th, 2010  /  Top Stories  /  Comments Off on AOL’s $50M local news venture hits region

Internet giant AOL moved into the already-crowded tri-county media scene with the launch of its first Patch.com news website in the region on Sept 28. Moorpark Patch is one of about 150 community news-oriented websites that AOL plans to roll out in California over the next year, and the company has “significant” plans for the Read More →

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Dialing up success: Firestone leads Tempest Telecom to clear skies

By   /  Monday, October 11th, 2010  /  Small Business, Women Inc.  /  Comments Off on Dialing up success: Firestone leads Tempest Telecom to clear skies

Jessica Firestone has built a business by making sure that your e-mails, text messages and phone calls get where they’re supposed to be going, and fast. In five years, Firestone has grown Goleta-based Tempest Telecom Solutions from a four-person startup to a 100-employee firm with operations across the country. Tempest pulls in about $30 million Read More →

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Lopker tells her story at CSUCI

By   /  Friday, October 8th, 2010  /  Women Inc.  /  Comments Off on Lopker tells her story at CSUCI

Today, Pamela Lopker is the founder, president and chairman of the board of Santa Barbara-based QAD, a $220-million-a-year manufacturing software company with 1,300 employees. But back in the in the 1970s, Lopker, the daughter of a U.S. Navy engineer, was coding software at a defense subcontractor when she realized she had brighter career prospects. “As Read More →

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Sale of Veeco’s Goleta unit closes

By   /  Friday, October 8th, 2010  /  Latest news, Technology  /  Comments Off on Sale of Veeco’s Goleta unit closes

The sale of Veeco Instruments’ metrology business, which includes its facility in Goleta, closed on Oct. 8, the company announced. Massachusetts-based Bruker Corp. now owns the metrology unit, which includes offices in Goleta and Tuscon, Ariz., and will combine it with its Bruker Nano division. The company paid $229.4 million in cash in the deal, Read More →

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Major shareholders file suit against Occam

By   /  Thursday, October 7th, 2010  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Major shareholders file suit against Occam

A group of shareholders who between them own about 19 percent of Occam Networks filed suit Oct. 6 against Occam’s board of directors to stop the proposed acquisition of the company by Calix. In a news release announcing the suit, the investors — who include legendary hedge fund manager Michael Steinhardt — claim the $171 Read More →