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By Stephen Nellis / Friday, August 17th, 2012 / Technology, Top Stories, Tri-County Economy / Comments Off on 200 area jobs in limbo as UTC dumps Clipper
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By Dana Olsen / Friday, August 17th, 2012 / Banking & Finance, Real Estate, Top Stories, Tourism, Tri-County Economy / Comments Off on Marriotts hope to leave troubles behind under new ownership
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By Staff Report / Thursday, August 2nd, 2012 / Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Public Companies / Comments Off on PacWest closes American Perspective deal
PacWest Bancorp has wrapped up its $58.1 million acquisition of San Luis Obispo-based American Perspective Bank. The deal adds two branches, a loan production office and about $271 million in assets to Los Angeles-based PacWest’s portfolio and expands its reach up the Central Coast. The deal, first announced in April, trumped an earlier offer for Read More →
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By Stephen Nellis / Friday, July 20th, 2012 / Technology, Top Stories / Comments Off on RightScale buy launches new cloud service
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By Stephen Nellis / Thursday, July 19th, 2012 / Central Coast, Latest news, Technology / Comments Off on SLO firm dials up new owner
San Luis Obispo-based Impact Learning Systems, which helps firms such as Dell and Best Buy train their customer support staff, has been purchased by a Nevada company. Miller Heiman, a Reno-based firm that helps companies improve sales figures, announced the acquisition on July 19. Financial terms weren’t disclosed. Impact Learning Systems was founded in 1996 Read More →
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By Stephen Nellis / Friday, June 1st, 2012 / Technology, Top Stories / Comments Off on $2.2B deal a boon for Carpinteria employer
Dako, a Danish company that makes cancer diagnostic tools and employs about 200 people in Carpinteria, has been purchased by Santa Clara-based Agilent Technologies in a $2.2 billion deal. Dako has about 1,000 employees worldwide, is owned by private equity fund EQT and had revenue of about $340 million in 2010. The company makes a Read More →