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Amgen buys DeCode Genetics for $415M

By   /  Monday, December 10th, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Amgen buys DeCode Genetics for $415M

Biotech giant Amgen is buying Icelandic genetics research firm DeCode Genetics for $415 million, the Thousand Oaks company said Dec. 10. The all-cash deal is expected to close before the end of the year and will give Amgen, the largest biotechnology firm in the world, opportunities to develop new medicines that target defective DNA. “DeCode Read More →

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Utilities chief touts renewables over nuclear

By   /  Monday, December 10th, 2012  /  Green Coast, Latest news, Technology  /  Comments Off on Utilities chief touts renewables over nuclear

In order for California to meet its ambitious goals for carbon emissions reductions, environmental reviews might need to be loosened slightly for renewable energy projects, according to the state’s top utilities regulator. Michael Peevey, the president of the California Public Utilities Commission, gave a wide ranging talk at the Hank Lacayo Institute at CSU Channel Read More →

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Vitesse to raise $16.1M in stock offering

By   /  Friday, December 7th, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Vitesse to raise $16.1M in stock offering

Camarillo-based Vitesse Semiconductor plans to raise $16.1 million in a public offering of stock. The deal, announced Dec. 6, will offer 10 million shares at $1.75 each, netting $16.1 million after costs. It’s expected to close Dec. 12. Needham & Company is acting as the sole book-running manager of the offering, and Craig-Hallum Capital Group Read More →

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Shopatron bags $5.5M in new funding and ramps up hiring plans

By   /  Friday, December 7th, 2012  /  Columns, Technology  /  Comments Off on Shopatron bags $5.5M in new funding and ramps up hiring plans

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Going nose to nose: SpectraFluidics says sniffing dogs have met their match

By   /  Friday, December 7th, 2012  /  Features, Technology  /  Comments Off on Going nose to nose: SpectraFluidics says sniffing dogs have met their match

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Turn up the volume: Thousand Oaks firm caters to audiophiles

By   /  Friday, December 7th, 2012  /  Features, Small Business, Technology  /  Comments Off on Turn up the volume: Thousand Oaks firm caters to audiophiles

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Latest

Shopatron closes $4M financing

By   /  Tuesday, December 4th, 2012  /  Latest news, Technology  /  Comments Off on Shopatron closes $4M financing

San Luis Obispo-based e-commerce firm Shopatron has closed a $4 million credit facility with Multiplier Capital, a venture debt fund. Founded in 2001, Shopatron makes an e-commerce system that lets branded manufacturers sell products directly from their websites and fulfill the order through a dealer near the customer via delivery or in-store pickup. While large Read More →