February 23, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  -  Page 243
Latest

CalAmp buys Wireless Matrix for $53M

By   /  Wednesday, January 2nd, 2013  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on CalAmp buys Wireless Matrix for $53M

Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying the U.S. operations of Wireless Matrix Corp. for $53 million in cash. CalAmp said it expects the deal, which will likely close in the first quarter of 2013, to be accretive to its non-GAAP earnings starting in 2014. Wireless Matrix is a Read More →

Latest

QAD buys Michigan firm for $5M

By   /  Monday, December 31st, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on QAD buys Michigan firm for $5M

Santa Barbara-based manufacturing software firm QAD said Dec. 31 that it purchased Michigan-based Cebos for $5 million in cash. QAD sells planning and management software used by large manufacturing firms around the world. Cebos provides management and regulatory compliance software. QAD will pay $3.5 million upon closing the deal and then $1.5 million subject to Read More →

Latest

Ryland plots a comeback: Homebuilder expects first profitable year since 2006

By   /  Friday, December 21st, 2012  /  Banking & Finance, Features, Tri-County Public Companies  /  Comments Off on Ryland plots a comeback: Homebuilder expects first profitable year since 2006

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

Latest

Amgen buys DeCode Genetics for $415M

By   /  Monday, December 10th, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen buys DeCode Genetics for $415M

Biotech giant Amgen is buying Icelandic genetics research firm DeCode Genetics for $415 million, the Thousand Oaks company said Dec. 10. The all-cash deal is expected to close before the end of the year and will give Amgen, the largest biotechnology firm in the world, opportunities to develop new medicines that target defective DNA. “DeCode Read More →

Latest

Vitesse to raise $16.1M in stock offering

By   /  Friday, December 7th, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Vitesse to raise $16.1M in stock offering

Camarillo-based Vitesse Semiconductor plans to raise $16.1 million in a public offering of stock. The deal, announced Dec. 6, will offer 10 million shares at $1.75 each, netting $16.1 million after costs. It’s expected to close Dec. 12. Needham & Company is acting as the sole book-running manager of the offering, and Craig-Hallum Capital Group Read More →

Latest

Amid job cuts, Union Bank rolls out plan

By   /  Friday, December 7th, 2012  /  Banking & Finance, Banking Industry, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amid job cuts, Union Bank rolls out plan

Union Bank sent shockwaves through the region with the announcement that it will cut almost 500 Santa Barbara Bank & Trust jobs as it completes a $1.5 billion acquisition. But the rollout of the San Francisco-based lender’s vastly increased footprint in the region also creates new opportunities for middle-market companies to get debt financing, experts Read More →

Latest

DeLorenzo leaves Dole for Itochu

By   /  Thursday, December 6th, 2012  /  Agribusiness, Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on 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 →