Transphorm bought out in $339M deal
Goleta-based Transphorm, a spinout from UC Santa Barbara, was purchased by Renesas Electronics Corporation on Jan. 10 in a deal worth approximately $339 million. Tokyo-based Renesas is a supplier of advanced semiconductor solutions while Transphorm is a leader in gallium nitride power semiconductors. According to details of the purchase, Renesas will acquire Transphorm for $5.10 Read More →
VC, IPOs and M&A: Central Coast could see more activity in ’24
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Generative AI will take off in 2024, area experts say
2024 will be the year of the new wave of artificial intelligence — generative AI — Tri-County experts in the field say. Most, if not all, AI companies and other businesses that use AI will be dialing into the cutting-edge technology more and more, the specialists say. They include those in the Central Coast region Read More →
Atara to cut workforce by 30%, will keep T.O. locations operational
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New product possibilities excite Sonos analysts, stock
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Dubroff: UCSB scientist hunts for next battery breakthrough
If the long reign of the lithium battery is going to come to an end, it may be research by a UC Santa Barbara scientist that helps to deliver a cheaper and less geopolitically risky solution. Raphaele Clement, an assistant professor in materials science at UCSB, has been testing innovative approaches to new battery chemistry Read More →
Mercado: Sonos is banking heavily on new products, same customers
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