Level Studios acquired by bigger firm
Level Studios, the biggest all-digital marketing firm in the Tri-Counties and a major tech employer with 140 people in San Luis Obispo, has been acquired by a New Jersey firm. The acquisition by Princeton, N.J.-based Rosetta will put Level Studios — which works with clients as large as BlackBerry maker Research in Motion and as Read More →
Highway 101 widening approved
The Ventura County Board of Supervisors voted Sept. 21 to approve Caltrans’ widening of Highway 101 from a spot just south of Mussel Shoals to the Santa Barbara County line. Caltrans is also planning to widen the Santa Barbara County side of that stretch of Highway 101. The Ventura County project is scheduled to start Read More →
Elements makes a buy
Elements, a San Luis Obispo Web company catering to franchise businesses, announced Sept. 15 that it has acquired NetFuel Interactive, a Philadelphia-based Web company. NetFuel, formerly known as Screen Matter, also does Web design and online marketing for franchisees. It will operate from Philadelphia as a business unit of Elements, Elements said in a news Read More →
Amgen recalls some anemia drugs
Thousand Oaks-based Amgen announced Sept. 24 that it is recalling some lots of its Epogen and Procrit drugs because the vials may contain tiny glass flakes. Both are injectable drugs used to treat anemia in HIV, renal failure and chemotherapy patients. Amgen said the glass flakes are the result of interaction between the drug and Read More →
RightScale closes $25M round
RightScale, a Santa Barbara-based cloud computing company, recently closed a $25 million round of venture funding, the company announced Sept. 22. The round was led by Tenaya Capital, a fund that spun off from Lehman Brothers in 2009. DAG Ventures, Benchmark Captital, Index Ventures and Presidio Ventures also invested in the latest round. “This represents Read More →
SB, Ventura Colleges of Law to join Chicago nonprofit
The Santa Barbara and Ventura Colleges of Law plan to join a Chicago-based network of nonprofit colleges, the institutions announced Sept. 21. The deal with TCS Education System is an “affiliation agreement,” Heather Georgakis, the dean of the Colleges of Law, told the Business Times. “The law school will remain its own entity,” she said. Read More →
Move buys real estate listing company
Online real estate company Move announced Sept. 21 that it has purchased Threewide Corp., operator of online real estate syndicator ListHub, for $13 million in cash. Move, officially based in Campbell but with major operations in Westlake Village, operates Move.com and Realtor.com. West Virgina-based Threewide will become a Move subsidiary but will maintain the ListHub Read More →
