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Clean Diesel CEO resigns after Pirelli deal dissolves

By   /  Tuesday, December 10th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel CEO resigns after Pirelli deal dissolves

Ventura-based Clean Diesel Technologies said Dec. 10 that CEO and President R. Craig Breese has resigned to “pursue other opportunities.” He will remain at his post until Jan. 8 and the company has created an interim office of the chief executive to replace him. Breese was also a member of the board of directors.

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ValueClick sells websites to About.com parent for $80M

By   /  Monday, December 9th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on ValueClick sells websites to About.com parent for $80M

Westlake Village-based online advertising firm ValueClick is selling its owned-and-operated websites to the parent company of Dictionary.com, Match.com, Ask.com and About.com. The aggregate purchase price was $80 million, according to a regulatory filing.

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Tri-counties rank high on women in business leadership

By   /  Friday, December 6th, 2013  /  Real Estate, Top Stories, Tri-County Public Companies, Women Inc.  /  Comments Off on Tri-counties rank high on women in business leadership

Westlake Village-based LTC Properties, Goleta-based Deckers Outdoor Corp. and Move Inc., whose headquarters are in the Bay Area but has most of its employees in Westlake Village, were on a yearly ranking produced by UC Davis. Each year, the school surveys publicly traded companies in the state to find which have the most women among their boards of directors and highest paid executives.

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$86.2M Inogen IPO puts Goleta startups in play

By   /  Friday, December 6th, 2013  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on $86.2M Inogen IPO puts Goleta startups in play

Goleta-based Inogen, a maker of portable oxygen concentrators founded by UC Santa Barbara students, has filed for an initial public offering to raise up to $86.2 million. While many successful companies have been spun out of UCSB by professors and doctoral students, Inogen would likely be the first company founded by an undergraduate team to go public. Inogen won the program’s very first business plan competition in 2001.

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Transphorm, Fujitsu partner on GaN plant

By   /  Friday, December 6th, 2013  /  Technology, Top Stories  /  Comments Off on Transphorm, Fujitsu partner on GaN plant

Transphorm, the Goleta-based energy efficiency chipmaker spun out of UC Santa Barbara that has raised $110 million in venture capital, is partnering with Tokyo electronics giant and one-time rival Fujitsu Ltd. to create a new company in Japan.

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UCSB snags $48M in Army funds for biology-related research

By   /  Thursday, December 5th, 2013  /  South Coast, Technology, Top Stories  /  Comments Off on UCSB snags $48M in Army funds for biology-related research

UC Santa Barbara said Dec. 5 that the U.S. Army has renewed its contract with the university’s Institute for Collaborative Biotechnologies, providing an additional $48 million over three years to support biology-related research.

The new funds extend a decade of unclassified research in areas such as biotechnology tools, futuristic materials, energy generation and storage, systems and synthetic biology and neuroscience.

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Paso groups agree on water plan

By   /  Thursday, December 5th, 2013  /  Agribusiness, Central Coast, Top Stories  /  Comments Off on Paso groups agree on water plan

With potentially expensive lawsuits looming in the background, two of the groups jockeying to shape the future of a water district in Paso Robles wine country have put aside their differences in hopes of avoiding years in court and millions of dollars in legal fees.