Move buys real estate listing company
Online real estate company Move announced Sept. 21 that it has purchased Threewide Corp., operator of online real estate syndicator ListHub, for $13 million in cash. Move, officially based in Campbell but with major operations in Westlake Village, operates Move.com and Realtor.com. West Virgina-based Threewide will become a Move subsidiary but will maintain the ListHub Read More →
Ecomerit gets $2.4M federal grant
Carpinteria-based Ecomerit Technologies, the latest company from the founders of Clipper Windpower, will get a $2.4 million federal grant to pursue its technology for generating renewable energy from ocean currents. U.S. Rep. Lois Capps, D-Santa Barbara, announced the grant Sept. 20. It will come from the U.S. Department of Energy, as part of $37 million Read More →
L.A. developer buys rare unimproved lot in downtown SB
A Los Angeles-based developer purchased the 1.8-acre parcel of land at 535 E. Montecito St. — the largest unimproved site in downtown Santa Barbara — on Sept. 19. The property, listed for sale at $5.5 million, was purchased by Los Portales 48 Lots LLC from the Housing Authority of the City of Santa Barbara. The Read More →
Solar firms go panel-to-panel in Oxnard
A school district in West Ventura County is the last place on Earth where you’d expect to find ground zero in the battle for global supremacy in the solar energy business. But that’s precisely the scenario that’s unfolding in the wake of an Oxnard Union School District board vote earlier this month that gave Read More →
High-wireless acts: Row 44, Sonos capitalize on move toward WiFi
The world is going wireless, and two tri-county firms have raised $62 million as proof. Westlake Village-based Row 44 and Santa Barbara-based Sonos are building businesses around consumers’ burgeoning demand to stay connected to their digital lives wherever they are. Row 44 operates an in-flight wireless Internet service and is installing it on Southwest Airlines’ Read More →