AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
Read More →Region’s PPP loans totaled $2.87B
Businesses in the tri-county region received more than $2.87 billion in potentially forgivable loans through the federal Paycheck Protection Program, according to an early December release of data from the U.S. Small Business Administration.
Read More →Central Coast counties ask to go their own way on pandemic rules
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Read More →Ventura County Health Care director to step down in March
Ventura County Health Care Agency Director Bill Foley is retiring on March 6, 2021. Foley, who took on the role of director in December 2018, has worked in public safety net health systems for decades. When he came to Ventura County he brought experience from working with the Chicago-based Cook Count Health and Hospitals System, Read More →
Read More →GeoLinks wins $235M federal broadband contract
GeoLinks, an internet service provider based in Camarillo, has won a bid worth $234.9 million from the federal government to bring high-speed broadband to underserved homes and businesses. According to a statement released Dec. 7 by GeoLinks, the contract comes from the Federal Communication Commission’s Rural Digital Opportunity Fund, which is spending up to $20.4 Read More →
Read More →Amazon’s Santa Barbara office sold in one of downtown’s biggest commercial deals ever
Amazon’s downtown Santa Barbara building got a new landlord when the property was sold in early December to an international investor. Global Mutual, a London-based investment firm, bought the three-story building for close to its listed price of $38.4 million, making it one of the largest sales ever of commercial property in the downtown Santa Read More →
Read More →InTouch founder Yulun Wang joins Cottage board
Yulun Wang, the head of research and development at Teladoc Health and a pioneer in the field of remote and robotic surgery, has joined the volunteer Board of Directors for Cottage Health. Wang has deep roots in the area, having earned his doctorate in electrical and computer engineering from UC Santa Barbara. He then spent Read More →
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