Teledyne subsidiary to develop parts for satellite network

Teledyne Defence won a contract June 6 to develop parts for micro satellites which may create a worldwide Internet network. Teledyne Defence, a United Kingdom-based subsidiary of Thousand Oaks-based industrial conglomerate Teledyne Technologies, said OneWeb Satellites awarded the company a contract June 6 to develop a component called a communications repeater for a network of Read More →
Semtech sells subsidiary Snowbush IP to Rambus

Semtech, a Camarillo-based manufacturer of semiconductors for the mobile phone industry, sold subsidiary Snowbush IP for $32.5 million to Sunnyvale-based Rambus, which develops memory systems for smartphones. Semtech said it also could receive more payments from Rambus through 2022 based upon a percentage of sales by Rambus of new products expected to be developed by Read More →
Oxnard’s Clean Diesel Technologies replacing CFO

Clean Diesel Technologies’ chief financial officer will resign and the company will conduct a reverse stock split as it tries to stay listed on the Nasdaq stock exchange. Oxnard-based Clean Diesel Technologies, which makes diesel emission control systems for diesel powered vehicles, said in a June 1 filing with the Securities and Exchange Commission that Read More →

Zodiac lays off 168 workers in Santa Maria

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