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By Staff Report / Thursday, May 17th, 2012 / Latest news / Comments Off on Yardi adds 200 employees with purchase of billing company
Yardi Systems said May 17 that it purchased Ista North America’s Multifamily Services Group, a business that provides utility billing services for owners and managers of apartment complexes. The deal brings 200 employees into Yardi’s fold. Goleta-based Yardi makes property management software for apartment complexes. With about 350 employees, it’s one of the largest private Read More →
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By Stephen Nellis / Wednesday, May 16th, 2012 / Latest news, Technology / Comments Off on Transphorm hiring heats up
Goleta-based energy efficiency firm Transphorm has broken the 100-employee mark and set its sights on markets that could save four times the electricity consumed by New York City. The company, a UC Santa Barbara spinout headed by electrical engineering professor Umesh Mishra and business partner Primit Parikh, laid out the company’s growth and plans at Read More →
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By Staff Report / Tuesday, May 15th, 2012 / Latest news / Comments Off on Allegiant Air debuts flight from Santa Maria to Honolulu
Allegiant Air is introducing a direct flight from Santa Maria to Hawaii, the airline announced May 15. Weekly nonstop flights from Santa Maria Public Airport to Honolulu International Airport will start in November. Fares for the new route start at $199 each way, the airline said in a news release. News of the route comes Read More →
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By Staff Report / Monday, May 14th, 2012 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Shareholder threatens to oust board after First California rejects offer
An aggressive major shareholder in First California Financial Group has threatened to move to oust the company’s board after the bank rejected a buyout offer from PacWest Bancorp. New York-based Basswood Capital Management, which said in a regulatory filing that it owns 5.2 percent of the common stock of First California, issued the sternly worded Read More →
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By Staff Report / Monday, May 14th, 2012 / Latest news, Real Estate / 1 Comment
Ergomotion, a company that makes adjustable bed bases, has signed the largest commercial lease in Santa Barbara so far this year. Year-to-date, the 9,656-square-foot lease at 203 Chapala St. is the largest in Santa Barbara in terms of square footage, according to Hayes Commercial Group. The commercial real estate firm brokered both sides of the Read More →
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By Dana Olsen / Saturday, May 12th, 2012 / Latest news / Comments Off on Henley pledges $50M to UC Santa Barbara
It was a historic evening at UC Santa Barbara as Oracle Chairman Jeff Henley donated $50 million, the largest gift the school has ever received, to the Institute for Energy Efficiency and the College of Engineering. The donation, one of the largest recorded in the region, was announced at the Campaign for UC Santa Barbara’s Read More →
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By Henry Dubroff / Friday, May 11th, 2012 / Latest news / 2 Comments
I’m proud to announce that the Pacific Coast Business Times is launching its first-ever Latino Business Awards. This special section, publishing June 22, recognizes the outstanding Latino business leaders and professionals who have helped to shape the Tri-Counties. We’re currently seeking nominations to get the inaugural issue of this exciting special section off the blocks. Read More →
