San Luis Obispo can expect to see a slight increase in solar-power industry jobs with a recent deal that split up REC Solar and sold off its residential installation business to a San Francisco firm.
Camarillo-based Told Corp., one of the most prolific developers in the Tri-Counties, recently closed a three-way deal that added another industrial property to its portfolio and allowed it to retain two important tenants.
Resonant’s planned initial public offering is small at $13.8 million, but there’s a chance that the Santa Barbara-based company’s development deal with a major supplier to Apple’s iPhone and every other mobile handset-maker could become very large, very quickly.
The Tri-Counties may or may not see many rain clouds this year, but farmers around the region will be using cloud computing to manage their irrigation with San Luis Obispo-based Hortau.
Goleta-based Inogen has boosted the amount it plans to raise in its initial public offering to a possible $91.3 million. The pricing is a sign that Inogen and its underwriters — J.P. Morgan, Leerink Partners, William Blair and Stifel — believe there’s strong demand for its shares.
San Luis Obispo-based Mainstream Energy, parent of REC Solar, is selling off its residential solar installation line to focus exclusively on commercial clients and has named its third CEO in as many years.
