February 26, 2024

		

Stephen Nellis


| Friday, February 21st, 2014

Santa Barbara summit seeks to draw businesses to region’s homeless issue

East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County

The event will host several national speakers on the topic, but the organizers say the goal is to encourage data-driven methods of addressing homelessness that have measurable goals and a clear plan for achieving them.

| Friday, February 21st, 2014

Inogen shares stumble after $70.5M initial public offering

Banking & Finance, Health Care & Life Science, Technology, Top Stories, Tri-County Public Companies

Shares of Goleta-based Inogen settled into the low $15 range as the Business Times went to press Feb. 19 after the company raised $70.5 million in an initial public offering that priced at $16, the low end of its expected range. In addition to selling shares, the company changed some of the disclosures it made to investors, pointing out its steep reliance on government and private insurance programs for 41 percent of its total revenue in 2012.

| Wednesday, February 19th, 2014

SpaceX’s propulsion chief elevates crowd in Santa Barbara

Technology, Top Stories

SpaceX engine chief Tom Mueller spoke to a crowd of more than 100 in Santa Barbara on Feb. 19 at an event called “Exploring the Next Frontier: The Commercialization of Space is Lifting Off” hosted by the Central Coast MIT Enterprise Forum.

| Wednesday, February 19th, 2014

Chinese firm to pump $665M investment into Santa Maria oil field

Central Coast, Technology, Top Stories, Tri-County Economy

One of the most prominent oil field redevelopments in Santa Barbara County is set to be acquired by a Chinese jewelry firm. Houston-based ERG Resources confirmed to the Business Times that it is set to be acquired by Beijing-based Goldleaf Jewelry Co., a jewelry firm that also has gold mining investments.

| Friday, February 14th, 2014

Precedent-setting attorneys launch surrogacy agency in Santa Barbara

Columns, Law & Goverment

Santa Barbara attorneys Robert Walmsley and Marlea Jarrette have opened an agency called Surrogacy International to build on their decades of experience practicing — and sometimes helping establish — the law that applies when a woman agrees to carry a child for another couple.

| Friday, February 14th, 2014

Vitesse makes play for Internet of things in turnaround tactic

Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County

Vitesse, which had $103.7 million in revenue last year, is hoping that the Internet of things will converge with the turnaround strategy it has been mounting for the past several years that is starting to come to fruition.

| Friday, February 14th, 2014

Conversant dials down on new ad strategy

Banking & Finance, Technology, Top Stories, Tri-County Public Companies

Conversant will align all of its business units — including a new SET Media video unit that it acquired for $26 million in cash and $4 million in stock days after its name change — around the goal of direct conversations between advertisers and consumers.