Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.
Goleta based Transphorm suffered a net loss in the fourth quarter of 2020 but more than quadrupled its assets over the past year as it continued to make its name in the semiconductor industry. Transphorm, a supplier of gallium nitride power conversion products, generated revenue of $2 million in the fourth quarter of 2020, the Read More →
With the decommissioning of Diablo Canyon nuclear power plant approaching, a new partnership has been announced to try turn the site into a hub for clean energy on the Central Coast. REACH—the Regional Economic Action Coalition, an economic planning nonprofit for San Luis Obispo County and northern Santa Barbara County—is working elected officials, county government and Read More →
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Thousand Oaks-based Amgen, one of the biggest biotech companies in the world, will get bigger with the $1.9 billion acquisition of Five Prime Therapeutics, a clinical-stage biotech company developing stomach cancer therapies. Amgen announced the acquisition March 4 and the deal is expected to close by the end of the second quarter of 2021. Under Read More →
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