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								The 13,800-square-foot retail center at 1046 Coast Village Road in Montecito has been purchased by a local couple for $14.5 million. (Photo courtesy of Radius Commercial Real Estate & Investments)								
								
 | Monday, April 7th, 2014

								
Montecito’s Starbucks center sells for $14.5M

								Real Estate, South Coast, Top Stories, Tri-County Economy								
  The Starbucks-anchored retail center at 1046 Coast Village Road in Montecito has been sold to a local couple for $14.5 million. Montecito residents Deborah and James Longo purchased the 13,800-square-foot property in an off-market deal, according to Radius Commercial Real Estate & Investments. Along with the coffee shop, the other long-term tenants at the Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Monday, April 7th, 2014

								
Lynda.com buys coding platform

								Technology, Top Stories								
Carpinteria-based online learning company Lynda.com has purchased Compilr, a Canadian firm that runs a cloud-based platform for programmers to write and test code. Terms of the deal were not announced, but TechCrunch said people close to the transaction valued it at around $20 million. Last year, Lynda.com raised $103 million in its first round of Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, April 3rd, 2014

								
Irrigation technology firm raises $3.5M

								Agribusiness, Central Coast, Technology, Top Stories								
San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, April 3rd, 2014

								
Ventura surgical products firm wins $30M trademark verdict

								Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County								
A Ventura-based surgical products company won a $30 million jury verdict today in a trademark infringement lawsuit. The verdict is the second attempt at a decision for Neurovision Medical Products, which sued San Diego-based medical device firm NuVasive in 2009. Neurovision alleged that NuVasive willfully infringed on the Ventura company’s “Neurovision” trademark. A jury in Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, April 3rd, 2014

								
Amgen pays $290M to exit osteoporosis drug deal

								Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Public Companies								
Amgen will pay $290 million to end its collaboration with British drugmaker GlaxoSmithKline to commercialize the osteoporosis drug denosumab in certain markets outside the U.S.

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Tuesday, April 1st, 2014

								
Disease-carrying citrus psyllid found in SLO County

								Agribusiness, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County								
The Asian citrus psyllid, a tiny pest that spreads a disease fatal to citrus trees, has been discovered in San Luis Obispo County for the first time. The bug was found in an insect trap at a home near Arroyo Grande, the San Luis Obispo County Department of Agriculture said on April 1, prompting agricultural Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Tuesday, April 1st, 2014

								
Updated: Select Staffing files pre-packaged Ch. 11 bankruptcy

								Banking & Finance, South Coast, Top Stories								
The Select Staffing Family of Companies, the Santa Barbara-based staffing services giant, filed a pre-packaged Chapter 11 bankruptcy on April 1 listing between $50 million and $100 million in debts and $100 million to $500 million in assets.

							

						        

							


							

							


					        

					     

							
					       


					     


									 	

		
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