UTC takeover looms for Clipper Windpower
By Stephen Nellis / Monday, October 11th, 2010 / Technology, Top Stories / Comments Off on UTC takeover looms for Clipper Windpower
After rocky sales timing put Clipper Windpower in a cash crunch, its largest investor is in position to take control of the Carpinteria company just as its long-term prospects brighten. In December, multinational conglomerate United Technologies Corp. acquired a 49.5 percent stake in Clipper in a transaction that pumped $206 million in new capital into the Read More →
AOL’s $50M local news venture hits region
By Marlize van Romburgh / Monday, October 11th, 2010 / Top Stories / Comments Off on AOL’s $50M local news venture hits region
Internet giant AOL moved into the already-crowded tri-county media scene with the launch of its first Patch.com news website in the region on Sept 28. Moorpark Patch is one of about 150 community news-oriented websites that AOL plans to roll out in California over the next year, and the company has “significant” plans for the Read More →
CytomX to take venture money and run
By Stephen Nellis / Monday, October 4th, 2010 / Top Stories / Comments Off on CytomX to take venture money and run
Santa Barbara-based biotech firm CytomX Therapeutics has raised $30 million in venture capital and announced plans to move to the San Francisco Bay Area by the end of the year. The company is developing technology that would help antibodies better target the disease tissue they’re intended for, reducing harmful side effects. It was founded by Read More →
Colleges of Law’s new era
By Marlize van Romburgh / Monday, October 4th, 2010 / Top Stories / Comments Off on Colleges of Law’s new era
The Santa Barbara and Ventura Colleges of Law’s agreement with a Chicago-based nonprofit could bring federal student aid, online classes and the option of joint degrees to the campuses. The Colleges of Law said Sept. 21 that it is teaming up with TCS Education System, an organization that owns three professional schools, including the Santa Read More →
Eight vie to chart future of Harbor District
By Tony Biasotti / Monday, October 4th, 2010 / Top Stories / Comments Off on Eight vie to chart future of Harbor District
Whatever the outcome in November, this is a history-making election for the Port of Hueneme. The Oxnard Harbor District, the public agency that owns and operates the deep-water commercial port, is in the midst of its most competitive campaign in decades. Two of the three incumbents who are up for re-election are retiring, throwing the Read More →
Governet connects colleges
By Pacific Coast Business Times Staff / Monday, September 27th, 2010 / Top Stories / Comments Off on Governet connects colleges
Santa Barbara-based Governet has won a contract to provide its curriculum software to the entire countrywide system of the United Arab Emirates Higher Colleges of Technology. Governet’s software, CurricUNET, is a Web-based system that automates the once paper-intensive process of developing and approving new courses in higher education. Seventy-four of 112 community colleges in California Read More →
Congressional crush: Wineries fight direct shipping restrictions
By Pacific Coast Business Times Staff / Monday, September 27th, 2010 / Top Stories / Comments Off on Congressional crush: Wineries fight direct shipping restrictions
It’s the week before wine crush and Tablas Creek Vineyard General Manager Jason Haas is worried. Not about the grape harvest, or this year’s vintage, but about a looming piece of congressional legislation. HR 5034, the Comprehensive Alcohol Regulatory Effectiveness Act of 2010, or CARE, is a bill that would cede control of wine shipping Read More →
