Flir Systems appoints new CEO
Flir Systems, which has operations in Goleta, appointed James Cannon as its new president and CEO, effective June 19, following the retirement of 33-year company head Andy Teich. Cannon previously served as president of Stanley Security North America & Emerging Markets, a unit of Stanley Black and Decker. In his 16 years with the company, Read More →
Semtech earnings fall short of analyst estimates
Semtech announced first quarter 2018 earnings of $11.8 million June 1, a 71 percent increase over the previous first quarter for earnings per share of 18 cents — missing analyst estimates ranging from 28 to 41 cents per share. Net sales rose 9.6 percent to $143.8 million during the quarter ended April 30, after deducting Read More →
Startups selected for Cal Poly SLO HotHouse summer accelerator
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Pharmaceuticals on path to sustainability
By Valeria Makarova Since the concept of sustainable development was introduced back in the 1980s, corporations from various industries have been dealing with ever-increasing pressure to address stakeholder social needs and their environmental footprints. The traditional “business as usual” model — pursuing the business imperative goal of profit maximization while ignoring negative social and environmental Read More →
Central Coast women in leadership thinking green
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Manufacturing software provider QAD reports net loss
Santa Barbara-based manufacturing software provider QAD reported a $2.6 million net loss for the fiscal first quarter 2018, ended April 30. Revenues grew 9.1 percent compared to the same period the previous year to $71.4 million, despite a $1.2 million impact from currency. This was primarily driven by a 34 percent increase in subscription revenue Read More →
Cryptix wins top prize at UCSB New Venture Competition
Ticketing platform software company Cryptix took home the $10,000 top prize at the UC Santa Barbara New Venture Competition on May 24. Hosted by the school’s Technology Management Program, the competition is the origin of such Santa Barbara companies as Inogen, Apeel Sciences, TrackR, Salty Girl Seafood and others. All of the participants walked away Read More →
