Longtime South Coast technology executive Dave Adornetto has been picked to lead UC Santa Barbara’s successful startup contest. The entrepreneurship program is the largest collegiate business-pitch contest in the region and is part of UCSB’s Technology Management Program. The flagship event of the entrepreneurship program, the annual New Venture Competition, is a major on-campus happening. Read More →
Santa Barbara resident Jeff Henley will become vice chairman of the board of software giant Oracle Corp. as longtime CEO Larry Ellison steps down and become chairman. Oracle announced Thursday that billionaire founder Ellison will be replaced by Mark Hurd and Safra Catz who will both have the CEO title. Ellison will formally be Read More →
It took him two years, but John Giuliani is the man who finally made Conversant ready for a sale. And even though his stake in the Westlake Village-based advertising technology firm’s $2.3 billion cash-and-stock merger with Alliance Data Systems announced Sept. 11 will be worth about $96 million, Giuliani has no plans to cash Read More →
While it’s unclear whether the rise and sale of Goleta-based Eucalyptus Systems to tech giant Hewlett-Packard Co. was a major financial success for its investors, one thing is certain: The South Coast is now on the map as having proved the viability of open-source hybrid cloud computing and will have contributed an important component to HP’s cloud strategy going forward.
Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.
California Lutheran University’s new Westlake Village co-working and teaching space, Huddle, is up and running with a slate of fall events that organizers hope will make it a hub for entrepreneurship in East Ventura County