DeLorenzo leaves Dole for Itochu
Dole Food Co. President and CEO David DeLorenzo is leaving the company to lead Itochu Corp., the Japanese firm that’s in the process of buying Dole’s packaged foods unit for $1.7 billion. In another step toward closing the Itochu deal by the end of the year, shareholders of the Westlake Village-based food company approved it Read More →
Vitesse tees up stock offering
Camarillo-based Vitesse Semiconductor is planning a stock offering despite years of losses and a shareholder base that’s underwater in terms of book value. Vitesse said Dec. 6 that it plans an offering that will be underwritten by Needham & Company as the sole bookrunning manager of the offering and Craig-Hallum Capital Group as co-manager. The Read More →
RingRevenue dials up $3.25M in funding
Santa Barbara-based RingRevenue has raised $3.25 million in fresh venture capital in a round led by investors GRP Partners and Rincon Venture Partners, bringing its total funding to date to more than $10 million. The company, founded in 2007, initially built a technology platform to let digital advertisers track sales calls the way they track Read More →
Amgen aims to put cholesterol drug on market
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$430M deal rolls Row 44 onto Nasdaq
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