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News Corp. to buy Move for $950M

By   /  Tuesday, September 30th, 2014  /  Real Estate, Technology, Top Stories  /  Comments Off on News Corp. to buy Move for $950M

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

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Chumash award $112M hotel contract, eye October groundbreaking

By   /  Monday, September 29th, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy  /  1 Comment

  Tutor Perini Corp. has been selected to head up construction of the Santa Ynez Band of Chumash Indians’ controversial hotel expansion project. The building contract for the property at 3400 E. Highway 246 in Santa Ynez is valued at $112 million, Sylmar-based Tutor Perini said in a statement. It’s the first time a dollar Read More →

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$86.2M Sientra IPO plumps up public-company ranks

By   /  Friday, September 26th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $86.2M Sientra IPO plumps up public-company ranks

With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →

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SpendSmart snaps up TechXpress for $1.6M

By   /  Friday, September 26th, 2014  /  Technology, Top Stories  /  Comments Off on SpendSmart snaps up TechXpress for $1.6M

Alex Minicucci, CEO of San Luis Obispo-based SMS Masterminds. (Business Times file photo)

It has only been a few months since Alex Minicucci took the reins of publicly traded SpendSmart Networks, but he has already masterminded the acquisition of fellow San Luis Obispo firm TechXpress and expanded SpendSmart’s headcount from 12 to 40.

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Impact Radius offers alternative to advertising network model

By   /  Friday, September 26th, 2014  /  Central Coast, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Impact Radius offers alternative to advertising network model

Santa Barbara-based marketing technology firm Impact Radius says it is growing fast and signing up marquee customers.

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Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

By   /  Friday, September 26th, 2014  /  Small Business, South Coast, Top Stories  /  Comments Off on Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

Four years after launching a shoe insert that failed to bring homerun sales, Geoffrey Gray now has a thriving business in Heeluxe, a Goleta-based research lab for developing high performance footwear for the likes of New Balance, Mizuno and Deckers Brands, the parent company of Teva sandals.

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Genisyss offers your DNA, on a drive

By   /  Friday, September 26th, 2014  /  Health Care & Life Science, Technology, Top Stories  /  Comments Off on Genisyss offers your DNA, on a drive

In the digital age, it can feel like you can fit your whole existence — photos and videos of loved ones, writings, important financial documents — onto a small USB thumb drive.