Amgen shares up amid optimism over experimental weight-loss drug
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Jeannine’s owner recounts 35 years of breakdowns and breakthroughs
After Alison Hardey graduated from Stanford University in the 1980s, and decided her dream of becoming a professional tennis player was going to remain a dream, she moved back home to Santa Barbara and went to work for her father’s real estate firm. She felt a bit unmoored, she says today. One thing that kept Read More →
Semtech announces $300M in debt placement to help finance Sierra acquisition
The Camarillo-based semiconductor manufacturer Semtech will raise up to $300 million in a private debt placement to help pay for its pending acquisition of Sierra Wireless. The company announced a $250 million in convertible senior notes on Oct. 6 and upped the total to $300 million the next day. The notes will pay 1.625% interest Read More →
Yardi acquires Canadian software firm
Yardi, a Santa Barbara-based property management software company, announced Oct. 11 that it had acquired Planimetron, a Toronto company that provides digital visualizations for the real estate industry. Terms of the deal were not disclosed. Yardi said it will “rebuild and rebrand” Planimetron’s platform, Propidex, and relaunch it sometime in 2023 as Space Manager, a Read More →
Santa Barbara man sentenced for Ponzi scheme
A Santa Barbara man was sentenced Oct. 11 to 11 years in federal prison and ordered to pay restitution to victims in a $14 million Ponzi scheme. Darrell Arnold Aviss, 64, was sentenced in federal court in Los Angeles. He had pleaded guilty in June to 21 felonies, including wire fraud, tax evasion, failure to Read More →
Cal Poly to build $30M Madden Football Center
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Simi Valley’s Derma E expands into thousands of stores nationwide
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