Teledyne acquires TransponderTech from Saab
Thousand Oaks-based Teledyne Technologies, the technology and defense conglomerate, announced Aug. 28 that it has entered into an agreement to acquire the TransponderTech business from Saab AB. The acquisition includes a portfolio of connected commercial maritime products, including Automatic Identification System, VHF Data Exchange System, and Global Navigation Satellite System technologies. Based in Sweden, TransponderTech Read More →
MannKind diversifies pipeline with $360M buy
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MannKind expands pipeline with $350M acquisition
Westlake Village-based MannKind Corporation is expanding its pipeline by acquiring scPharmaceuticals, a Massachusetts-based biotech company that specializes in cardiorenal medicine, for $360 million, or $5.35 per share. Announced before the markets opened Aug. 25, MannKind shares ticked up about 1% in pre-market trading. Shares ultimately settled at $3.90 on Aug. 25, about 3.1% down. Shares Read More →
Atara shares up behind slew of good news, earnings
Shares of Thousand Oaks-based Atara were seemingly in free-fall mode for much of the year, but over the past month, the company has racked up the wins and analysts and investors are taking note. Most recently, Atara, a biotechnology company with two facilities in Thousand Oaks, announced its earnings results for the second quarter of Read More →
Sonos shares tick up behind optimism
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Healthcare providers sue Amgen for alleged trade restraint
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Funding success: Santa Barbara Venture Partners closes $25M fund
Local venture capital firm Santa Barbara Venture Partners had a solid run with its first fund. According to the firm, its first fund saw some investments pay off, with huge increases in valuation and even a handful of exits. Thanks to that success, Santa Barbara Venture Partners was also able to recently announce the closing Read More →
