CalAmp reports decline in revenues
Earnings, Latest news, Technology, Tri-County Public CompaniesInternet of Things provider CalAmp, which has operations in Oxnard, announced a decline in revenues for its fiscal year 2018 first quarter, ended May 31, and net losses flat to the previous first quarter at $2.7 million. Revenues fell 3 percent to $88.1 million, primarily as a factor of the closing of the company’s satellite Read More →
Venture capital investor NGEN celebrates exit of Choose Energy
Energy, Latest news, TechnologyGreen tech venture capital investor NGEN — an early investor in Soraa with West Coast headquarters in Santa Barbara — celebrated the exit of Texas-based energy market platform Choose Energy June 26. According to reports, South Carolina-based advertising company Red Ventures spent less than $100 million in its acquisition of Choose Energy, though exact figures Read More →
PennyMac Mortgage Investment Trust announces cash dividend
Earnings, Latest news, Real Estate, Tri-County Public CompaniesWestlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.
UCSB joins nonprofit Alliance for Southern California Innovation
Higher Education, Latest news, TechnologyUC Santa Barbara and six other universities announced the formation of the nonprofit organization Alliance for Southern California Innovation on June 22. Led by former California Insurance Commissioner Steve Poizner and a board of directors including UCSB physics professor and vice chancellor for research Joseph Incandela, the group will work to support tech entrepreneurs and Read More →
Employee reviews rank Anant Yardi among top CEOs in the nation
Latest news, TechnologyUpdated at 3 p.m. June 23: Anant Yardi, founder and CEO of Yardi Systems in Goleta, was named on June 21 to a list of the nation’s top corporate leaders by employer review website Glassdoor. Yardi, a member of the Pacific Coast Business Times Hall of Fame, received a Glassdoor Employees’ Choice Award recognizing the Read More →
Latino Business Awards winners announced
Latest newsThe Business Times is pleased to announce our 2017 class of Latino Business Awards winners. This annual special section published with the June 23 print edition. This year we turned its focus on higher education, highlighting leaders in the academic realm from across the Tri-Counties. The award winners, along with our first ever college Read More →
Oxnard’s CalAmp partners with Autobrain
Latest news, Technology, Tri-County Public CompaniesInternet of Things provider CalAmp, with operations in Oxnard, announced a partnership with Boca Raton, Fla-based Autobrain. Autobrain’s platform will use CalAmp’s networks to bring smart car capabilities to regular vehicles, according to the June 22 news release. Devices like OBD sensors and telematics systems will enable consumers to track their car’s location and condition Read More →
