The Trade Desk lays off 15% of its workforce
Ventura-based The Trade Desk, an advertising tech firm, announced that it would be laying off 15% of its global workforce in an effort to “align resources” for long-term growth. In a filing with the SEC on Sept. 3, The Trade Desk announced it would be eliminating approximately 15% of its workforce, which is about 585 Read More →
Semtech reports Q2 earnings
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Velocity acquires Toorak’s operating platform
Westlake Village-based Velocity Financial announced that it has agreed to acquire the operating platform of Toorak Capital, a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase Read More →
Limoneira hopeful its site will be home of new health care facility
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Trade Desk insider trading case likely to be settled in plea deal
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Updated: AeroVironment commits $100M to new Moorpark campus
Despite relocating its corporate headquarters five years ago, AeroVironment is committed to growing in California, more specifically the Central Coast. AeroVironment doubled down on its Ventura County presence Aug. 24, announcing a $100 million investment in a unified, company-owned campus across approximately 20 acres in Moorpark. The campus will bring together capabilities from five leased Read More →
Semtech sells off cellular module business for $62M
Camarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release. Compal Electronics is a major Taiwanese original design manufacturer founded in 1984. The deal is expected to close in the fourth Read More →
