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Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition

By   /  Thursday, January 7th, 2021  /  Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition

For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →

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Teledyne to buy Flir in $8B deal

By   /  Monday, January 4th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Teledyne to buy Flir in $8B deal

Teledyne Technologies, a multinational conglomerate based in Thousand Oaks, will spend around $8 billion in cash and stock to buy Flir Systems, a thermal imaging company with a manufacturing and research and development facility in Goleta. The deal was announced early in the morning on Jan. 4, and has been approved by the boards of Read More →

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Five tech business trends to watch in 2021

By   /  Thursday, December 31st, 2020  /  Biotech, Central Coast, East Ventura County, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Five tech business trends to watch in 2021

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Westlake Village CEO faces charges over claims of 15-second COVID test

By   /  Friday, December 18th, 2020  /  Banking & Finance, Central Coast Health Watch, Latest news, Law, Technology  /  Comments Off on Westlake Village CEO faces charges over claims of 15-second COVID test

EDITOR’S NOTE: This article was updated Dec. 29 to include Keith Berman’s response to the allegations. Westlake Village-based Decision Diagnostics and its CEO, Keith Berman, face civil and criminal charges by federal agencies that accuse the company of falsely claiming it had developed technology that could almost instantly detect COVID-19 in a blood test. The Read More →

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‘Golden age of biotechnology’ comes to Conejo Valley

By   /  Friday, December 18th, 2020  /  Banking & Finance, Biotech, East Ventura County, Latest news, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on ‘Golden age of biotechnology’ comes to Conejo Valley

Westlake Village BioPartners has launched two new funds worth a total of $500 million, bringing the total raised by the firm to more than $820 million since it was founded in 2018.

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GeoLinks wins federal broadband contract, plans ‘massive growth’

By   /  Friday, December 18th, 2020  /  Latest news, Small Business, Subscriber content, Technology, Tri-County Economy, West Ventura County  /  Comments Off on GeoLinks wins federal broadband contract, plans ‘massive growth’

For the past few years, GeoLinks’ goal as an internet service provider has been bringing connectivity to rural areas in California not prioritized by the bigger providers like Verizon or AT&T. It recently got a big boost in that effort in the form of a $234.9 million federal contract.

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Latest

Westlake Village BioPartners puts $500 million into new venture funds

By   /  Tuesday, December 15th, 2020  /  Biotech, Central Coast Health Watch, East Ventura County, Latest news, Small Business, Startups, Technology, Top Stories, Tri-County Economy  /  Comments Off on Westlake Village BioPartners puts $500 million into new venture funds

Westlake Village BioPartners, a venture capital firm focused on biotech startups in the Conejo Valley and the rest of greater Los Angeles, launched two new funds Dec. 15 worth a total of $500 million. The first fund is $70 million and will be used for Series B or later financing into companies that Westlake Village Read More →

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