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QAD, shareholders could pull in $60M with public offering

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on QAD, shareholders could pull in $60M with public offering

QAD, the Santa Barbara-based software developer, today confirmed the pricing for its recently announced public stock offering. The company is offering 3 million shares of Class A common stock at $20.00 per share. One million shares included in the sale are being offered by controlling stockholders Karl Lopker and Pamela Lopker. Additionally, QAD has granted Read More →

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Amgen’s moves could signal a post-Thousand Oaks future

By   /  Friday, January 16th, 2015  /  East Ventura County, Latest news, Technology, Top Stories  /  Comments Off on Amgen’s moves could signal a post-Thousand Oaks future

On the back of its strong financial performance in 2014, Amgen, the Tri-Counties’ largest private employer, is set to begin shifting research operations away from its Thousand Oaks headquarters.

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Simi, Ventura put a stop to new massage parlors

By   /  Friday, January 16th, 2015  /  East Ventura County, Latest news, Law & Goverment, Small Business, Top Stories  /  Comments Off on Simi, Ventura put a stop to new massage parlors

The move came following the expiration of a state law that was ultimately incapable of stemming the proliferation of parlors that operate illegally by offering clients erotic add-ons to run-of-the-mill rub-downs.

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Paso wine country gets drought relief with early storms

By   /  Friday, January 16th, 2015  /  Central Coast, Columns, Latest news, Top Stories, Wine & Viticulture  /  Comments Off on Paso wine country gets drought relief with early storms

The 6.5 inches of rain that have fallen in the Paso Robles area so far have done much to leach out an accumulation of salts in the root zones that has stressed the vines and lowered wine grape yields.

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Santa Barbara County bets $150K on economics of vitality

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Top Stories  /  Comments Off on Santa Barbara County bets $150K on economics of vitality

A new task force will be responsible for coordinating countywide efforts for growth, from working with tech startups along the South Coast to developing and drawing in business to the northern region of the county.

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Jordano’s closes $10.6M land deal, plans new facility

By   /  Thursday, January 15th, 2015  /  Central Coast, Latest news, Real Estate, Restaurants, Top Stories  /  1 Comment

Pacific Beverage plans to break ground on the facility in 2016. When complete, the entire division will move to the Cabrillo Business Park from its current Santa Barbara locations.

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Lynda.com to expand with $186M private equity raise from TPG

By   /  Wednesday, January 14th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on Lynda.com to expand with $186M private equity raise from TPG

Carpinteria-based Lynda.com has raised $186 milllion from a group of investors, earmarked for accelerating acquisitions, growth and new content Initiatives at the online learning platform.