Teledyne completes $710M purchase from Excelitas
By Amanda Marroquin Business Times Intern Thousand Oaks-based Teledyne Technologies completed its $710 million acquisition of several businesses from Excelitas Technologies Corp on Feb. 3. Teledyne’s, the technology and defense conglomerate, $710 million acquisition included aerospace and defense electronics businesses. Qioptiq, a UK-based optical systems business under Excelitas, was amongst the businesses obtained in the deal, Read More →
Westmont receives long overdue $2.7M from U.S. Treasury
It wasn’t exactly a neatly wrapped package under the tree, but just before Christmas, Westmont College received a long-delayed gift — a $2.7 million disbursement from the U.S. Treasury that had been tied up in red tape for more than two years. The money was overdue funding under the ERTC or Employer Retention Tax Credit, Read More →
Atara will shed 50% of its workforce after FDA rejection
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Unwrap.AI receives $12 million in Series A funding
Santa Barbara-based Unwrap, an AI-powered customer intelligence platform, announced Jan. 30 it has received $12 million in Series A funding. The round was led by Scale Venture Partners with participation from Atlassian Ventures, Cercano, ScOp VC, Allen Institute for Artificial Intelligence, former Stripe CTO David Singleton, Perplexity co-founder Johnny Ho, and others. Unwrap will use the new funding to expand sales and Read More →
Investors accuse Simi company of securities fraud
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Inogen looks to expand product offering with latest partnership
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CRE: Radius takes over Paseo Nuevo retail leasing; Pacifica will transition to a one-campus institute
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