Semtech to buy Canadian firm for $494M
Camarillo-based semiconductor firm Semtech plans to buy a Canadian chipmaker for $494 million. The agreement to buy Burlington, Ontario-based Gennum is Semtech’s second large acquisition since 2009, when it closed a deal to buy Irvine-based Sierra Monolithics for $180 million. The Gennum deal fits neatly into the strategic plan put in place by Semtech’s leadership Read More →
CHW changes name to Dignity Health
Catholic Healthcare West announced today that it is changing its name and governance structure. The San Francisco-based health care system, which owns three Central Coast hospitals — Arroyo Grande Community Hospital, French Hospital Medical Center in San Luis Obispo and Marian Medical Center in Santa Maria — is now called Dignity Health. Under the new Read More →
Coast National snatches former Mission CEO
Anita Robinson, the former CEO of Mission Community Bank, has moved to San Luis Obispo-based Coast Bancorp, parent of Coast National Bank. Her move comes two months after Mission announced that Robinson, the founding CEO of that bank, would be reassigned to head up its community development subsidiary. Coast is a four-branch bank with $135.6 Read More →
The good news: Housing can only go up from here. But when?
It’s been five years since housing prices peaked, and there is still not a clear signal that we’ve hit bottom.
Canary to join Kimpton’s flock — Deal price puts premium on Santa Barbara hotel market
The pending sale of Canary Hotel to Kimpton Hotels & Restaurants is the third major investment in Santa Barbara area hotels over the past six months.
