Semtech to buy Canadian firm for $494M
Camarillo-based semiconductor firm Semtech plans to buy a Canadian chipmaker for $494 million. The agreement to buy Burlington, Ontario-based Gennum is Semtech’s second large acquisition since 2009, when it closed a deal to buy Irvine-based Sierra Monolithics for $180 million. The Gennum deal fits neatly into the strategic plan put in place by Semtech’s leadership Read More →
Startup scores Amgen exec
PBS Biotech, a Camarillo-based startup focused on biotechnology equipment founded by a former Amgen scientist, has added major firepower to its advisory board with a key former Amgen executive. George Morrow oversaw global operations for Thousand Oaks-based Amgen, the world’s largest biotech firm, for eight years before retiring last year. He came to Amgen after Read More →
Semtech’s earnings rise
[wikichart align=”right” ticker=”NASDAQ:SMTC” showannotations=”true” livequote=”true” startdate=”30-05-2011″ enddate=”30-11-2011″ width=”300″ height=”245″] Camarillo-based Semtech, a chip design firm, posted 67 percent increase in quarterly earnings on a slight increase in sales for the most recent quarter. Semtech, which is in its 2012 fiscal year, said third quarter net income came to $27 million, compared with $16.1 million a Read More →
Outlets boost outlook: Camarillo mall to open early for Black Friday
At Camarillo Premium Outlets, Black Friday is becoming Black Thursday as many of the mall’s retailers are slashing their prices earlier.
Area politics filets eatery’s big dreams
One of the most annoying things about local governments in the Tri-Counties is the widespread phenomenon I call “drive-thru phobia.”
Cloud over leasing begins to lift as technology firms add staff
A handful of technology-related deals in recent weeks hint that a more definitive rebound may be just around the corner.
REI gears up to open large downtown SB store next month
One of the largest downtown Santa Barbara vacancies will be filled next month, when outdoor gear retailer Recreational Equipment, Inc. opens its 24,500 square-foot store.
