Semtech’s LoRa Alliance grows to 500 members

The LoRa Alliance, founded in part by Camarillo semiconductor producer Semtech, reached 500 members, the company announced June 29. The milestone will help further the adoption of the long-range, low-power network, called LoRa or LoRaWAN, Semtech said in a news release. “With well-known global leaders in the LoRa Alliance, the IoT industry is increasingly coming Read More →
CalAmp reports decline in revenues

Internet 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 →
Activist investor demands sale or merger of Deckers Brands

Story updated at 2:20 p.m.: A second activist investor penned an open letter to Deckers Brands on June 27, demanding the sale of the company or changes to the board of directors as a result of declining share values. Marcato stated in the letter that it owns 6 percent of the Goleta footwear company’s outstanding Read More →
PennyMac Mortgage Investment Trust announces cash dividend

Westlake 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.
Labor leader Lacayo’s life, work celebrated at CSUCI memorial service

About 350 Ventura County community and political leaders paid tribute to the late Henry “Hank” Lacayo on June 24 at the John Spoor Broome Library at CSU Channel Islands. Lacayo, a national figure in the labor movement and in Democratic Party circles, died May 1 after a long battle with throat cancer. He was 85. Read More →