Heritage Oaks Bancorp merging with Pacific Premier
Story updated at 11:30 a.m.: In a deal that will once again shake up the ranks of top banks in the region, Pacific Premier Bancorp of Irvine will acquire Heritage Oaks Bancorp for $405.6 million or $11.68 per share based on current values. The all-stock merger, announced before the markets opened on Dec. 13, will Read More →
QAD software streamlines Yamaha Motor’s data analysis
Manufacturing software provider QAD announced Yamaha Motor Manufacturing Corporation USA as a customer Dec. 7, using its Cloud QMS software at its Newnan, Georgia facility. The recreational and all-terrain vehicle manufacturer deployed the software for purchasing and data analysis, reducing time on requests information, Wayne Pierce, senior division manager of purchasing for YMMC, said in Read More →
Inphi completes acquisition of ClariPhy Communications
Inphi’s acquisition of ClariPhy Communications, valued at $277 million in addition to the assumption of some liabilities, was completed Dec. 12. The deal, announced Nov. 1, gives the semiconductor producer with operations in Westlake Village access to products that are complimentary to its own, providing high-performance but low-power platforms for its customers, President and CEO Read More →
Teledyne acquires e2v Technologies
Thousand Oaks-based Teledyne Technologies acquired the British high performance image sensor manufacturer e2v Technologies in an all-cash deal, the companies announced on Dec. 12. Under the terms of the deal, e2v’s ordinary shareholders will receive 275 pence in cash for each e2v share valuing the ordinary share capital of e2v at approximately 620 million British Read More →
Bank of America hires new market president
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Wilkinson to be new Inogen CEO as Huggenberger retires
Goleta-based respiratory product maker Inogen announced President and Chief Operating Officer Scott Wilkinson will take over as CEO of the company March 1, 2017, replacing retiring CEO Raymond Huggenberger. Wilkinson will join Huggenberger and new board member Scott Beardsley, a senior partner at San Francisco-based Novo Ventures, on the company’s board of directors, the Dec. Read More →
Regulation key to fintech’s future
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