InTouch eyes an IPO: Medical robotics firm raises $10M in private funds
UncategorizedGoleta-based InTouch Health, the maker of a telemedicine robot, has raised $10 million in a private placement and is gearing up to go public. InTouch’s robot and Web-based control platform lets experts in stroke, cardiology and other fields perform patient consultations at faraway hospitals and connect devices such as electronic stethoscopes and EKGs. Founded in Read More →
Power-One leads the pack in Q1 earnings
UncategorizedTri-county tech firms have announced strong first-quarter results, largely fueled by impressive growth at Camarillo’s Power-One. Here’s a closer look at first-quarter earnings at some of the largest firms in the region: • Power-One, a maker of power treatment products for everything from computers to trains to solar panels, turned in a $3.8 million profit for Read More →
Retail market heats up again in Santa Barbara, San Luis Obispo counties
ColumnsThe Tri-Counties are finally seeing some retail leasing action again, with everybody from large national chains to local mom-and-pop shops penning deals on spaces. It’s an encouraging sign that the economy is truly on the upswing. In Santa Barbara, national clothing retailer Love Culture announced that it has signed a 10-year lease on 7,000 square Read More →
Editorial: CEOs wanted here
OpinionThere’s nothing wrong with Santa Barbara County’s economy that a few corporate headquarters wouldn’t cure. That’s one conclusion that can be drawn from a close examination of the data behind the recent UCSB Economic Forecast Project report. Local government employment, the largest sector in the county, is pretty much flat at about 23,000. Given the Read More →
Editorial: Building sale smells like another state fiasco
OpinionFor more proof that the administration of Gov. Arnold Schwarzenegger is living in a world of illusion, look no farther than some serious number crunching on his proposed sale of state office buildings. Once touted as a way to close the state’s budget gap, the plan to sell and lease back 11 flagship office properties Read More →
