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2013 Family Business & Closely Held Companies honorees announced

By   /  Monday, February 25th, 2013  /  Agribusiness, Central Coast, Features, Restaurants, Small Business, Tourism  /  Comments Off on 2013 Family Business & Closely Held Companies honorees announced

Congratulations to the 2013 Family Business & Closely Held Companies award winners. The section published Friday, Feb. 22 and is available with the print edition of the Business Times. This year’s winners are: Family Business Titan: Gills Onions, an Oxnard-based onion processing company owned by brothers Steve and David Gill. Legacy Family Businesses • Green Read More →

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lynda.com buys Austrian video training firm

By   /  Thursday, February 14th, 2013  /  Latest news, Technology  /  Comments Off on lynda.com buys Austrian video training firm

[EDITOR’S NOTE: This story was updated at 11:30 a.m. to correct a quote attribution.] Fast-growing online education company lynda.com, which last month raised $103 million in its first round of outside financing, has acquired an Austrian video training platform. Lynda.com said Feb. 14 that it purchased video2brain, a video training site that offers courses in Read More →

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Lynda.com boots up with $103M in fresh capital

By   /  Friday, January 18th, 2013  /  Technology, Top Stories  /  1 Comment

In a move that could change online education, Carpinteria-based lynda.com has raised $103 million from a group of investors and has plans to expand into international markets. Lynda.com, one of the fastest-growing firms in the Tri-Counties, has never before taken outside investment in its 17-year history. Founded in Ojai by Lynda Weinman and her husband Read More →

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Helix Medical buy adds 260 people to its payroll

By   /  Friday, October 26th, 2012  /  Health Care & Life Science, Technology, Top Stories  /  Comments Off on Helix Medical buy adds 260 people to its payroll

As part of its long-term strategy to build itself into a self-sustaining medical device company, Carpinteria-based Helix Medical has acquired MedVenture Technology Corp. Helix, which is mainly a manufacturer of components for medical devices, bought MedVenture, a Kentucky-based medical device design, development and manufacturing company that also has offices in Indiana and Minnesota, in a Read More →

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Clipper sued for $60M amid layoffs

By   /  Thursday, September 6th, 2012  /  Banking & Finance, Latest news, Technology, Tri-County Economy  /  Comments Off on Clipper sued for $60M amid layoffs

Carpinteria-based Clipper Windpower faces a $60 million lawsuit from a wind farm developer shortly after it laid off 174 people. First Wind Energy, a Boston-based wind farm developer with projects in New York, Hawaii and several other states, filed suit on Sept. 4 in Santa Barbara County Superior Court. Most of the complaint is sealed. Read More →

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CKE chief: Corn, Obamacare scuttled IPO

By   /  Friday, August 17th, 2012  /  Banking & Finance, Top Stories, Tri-County Economy, Tri-County Public Companies  /  1 Comment

CKE Restaurants has pulled the plug on a deal that would have made it a public company again and raised as much as $213.3 million for the Carpinteria-based fast-food operator. All sides agree investors ultimately balked because of bad timing. But analysts also lay part of the blame on the heavy debt load CKE incurred Read More →

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Premium Content

200 area jobs in limbo as UTC dumps Clipper

By   /  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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