Semtech shares rise in after-hours trading following earnings beat
Camarillo-based Semtech saw its shares rise nearly 15% in after-hours trading on June 7, hours following the company’s first-quarter earnings announcement in which it beat analyst expectations in both revenue and net income. Semtech, which specializes in the Internet of Things applications, generated revenue worth $236.5 million, an increase of 41.2% sequentially, which means from Read More →
Ventura County supplier sues Volkswagon
A Camarillo-based electronics firm has sued Volkswagen AG in Ventura County Superior court in a breach of contract case that brings to light the severe shortage of computer chips that automakers were facing last fall. In its complaint, Data Exchange Corp., or DEX, alleges it agreed to supply some 4,500 computer chips, known as SAK Read More →
Puretec treats water for thousands of different uses
By Abigail Napp Special to the Business Times Since 1965, Jim Harris has served as President of Puretec Industrial Water, a water purification company he founded in Ventura. “Everybody takes water for granted,” said Harris. “There’s a lot to it.” Under Harris’s leadership, Puretec Industrial Water has become a regional leader in the purified water Read More →
Black lesbian couple’s Apothecary provides wellness safe space
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Jury rules in favor of Sonos over Google, wins $32.5M
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UCSB New Venture Competition awards $14K to battery material maker
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Bravery in early Santa Barbara banking
David Spainhour, who played a lead role in the rise of Santa Barbara Bank & Trust to become the region’s dominant banking institution in the 1990s and early 2000s, died in Santa Barbara on May 28. He was 91. Spainhour, a native of Los Angeles, took the biggest risk of his career in the 1960s Read More →
