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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 →

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2011 Amgen tour to hit Paso, Solvang, T.O.

By   /  Thursday, October 7th, 2010  /  Latest news  /  Comments Off on 2011 Amgen tour to hit Paso, Solvang, T.O.

Paso Robles, Solvang and Thousand Oaks will all play host to parts of the 2011 Amgen Tour of California cycling race, Amgen and the race’s other organizers announced Oct. 7. The eight-day, 800-mile race starts May 15 in South Lake Tahoe and winds its way down the state to finish May 22 in Amgen’s home Read More →

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Copelands face fine in SLO election dispute

By   /  Monday, October 4th, 2010  /  Latest news  /  Comments Off on Copelands face fine in SLO election dispute

San Luis Obispo businessmen James and Thomas Copeland and banker David Booker were the anonymous backers of “No on J,” the campaign to stop rancher Ernie Dalidio from developing 131 acres outside the city, according to a report from state campaign regulators. The three face fines of up to $80,000. The California Fair Political Practices Read More →

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A chat with Santa Barbara County’s new CEO

By   /  Monday, October 4th, 2010  /  Columns, Opinion  /  Comments Off on A chat with Santa Barbara County’s new CEO

Chandra Wallar wants to engineer a more efficient Santa Barbara County government — one that responds faster to property owners and businesses. And as the new county executive officer, she will get a chance to streamline the county’s sometimes balky bureaucracy when Mike Brown, who has run the show for the past 13 years, retires Read More →

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Eight vie to chart future of Harbor District

By   /  Monday, October 4th, 2010  /  Top Stories  /  Comments Off on Eight vie to chart future of Harbor District

Whatever the outcome in November, this is a history-making election for the Port of Hueneme. The Oxnard Harbor District, the public agency that owns and operates the deep-water commercial port, is in the midst of its most competitive campaign in decades. Two of the three incumbents who are up for re-election are retiring, throwing the Read More →

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Revisiting a bank acquisition, one year later: Bank of SB hits 54% asset growth

By   /  Monday, October 4th, 2010  /  Banking & Finance, Banking Industry  /  Comments Off on Revisiting a bank acquisition, one year later: Bank of SB hits 54% asset growth

One of the Tri-Counties’ smallest banks has made a sizeable rebound in the 10 months since a team of Santa Barbara investors purchased it from its former Michigan parent. The Bank of Santa Barbara, which came under local ownership in November 2009, has seen deposits jump 80 percent year-over-year as assets climbed more than 54 Read More →