Wyatt Technology acquired for $1.3 billion
Latest news, middle, Technology, Tri-County EconomySanta Barbara-based Wyatt Technology has been acquired for $1.36 billion by Waters Corporation, a publicly traded analytical laboratory instrument manufacturing company, the two parties announced on Feb. 15. The transaction is expected to close in the second quarter of 2023. Kirkland & Ellis LLP is serving as legal counsel to Waters, while Wyatt’s legal counsel Read More →
QAD remains committed to Santa Barbara, sets sight on new vision following acquisition
Central Coast, Latest news, Technology, Top Stories, Top StoryThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
SBA, FEMA dole out millions in storm recovery efforts
Central Coast, Latest news, Top Stories, Top StoryWith the near-record storm behind the Central Coast, all that is left now is to pick up the pieces. The Federal Emergency Management Agency and the Small Business Administration have been the ones trying to accomplish that goal, teaming up to provide the tri-counties with a slew of help. “Partnering with FEMA and the Small Read More →
Teledyne Flir awarded $13 million government contract
Latest news, TechnologyTeledyne Flir Defense, a subsidiary of Teledyne, has been awarded a $13.3 million contract by the U.S. Department of Defense to further expand the capabilities of its R80D SkyRaider unmanned aerial system to autonomously perform chemical, biological, radiological and nuclear (CBRN) reconnaissance missions, the company announced Feb. 8. Teledyne Flir, which has operations in Goleta, Read More →
Atara’s cuts down net loss in 2022
Earnings, Latest news, Technology, Tri-County Public CompaniesAtara Biotherapeutics recorded a lower net loss in the fourth quarter and the entirety of fiscal year 2022, but missed expectations still led to an 8% decline in after-hours trading. Atara, a South San Francisco-based immunotherapy company with its major operations in Thousand Oaks, reported a net loss of $228.3 million, or 2.24 cents per Read More →
Deckers races past third-quarter expectations behind strong Hoka sales
Earnings, Latest news, left, Tri-County Public CompaniesDeckers’ attempt to turn its running shoe brand, Hoka One One, into a billion-dollar blockbuster keeps panning out with each quarter that passes. The Goleta-based company again outpaced analysts’ expectations, this time for the third quarter of 2022, as revenue and earnings both shot up thanks in large part to the continuing growth of the Read More →
Community West Bancshares nets record earnings
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesCommunity West Bancshares reported a record net income of $13.4 million or $1.51 per share in fiscal year 2022, the firm said in its earnings announcement on Jan. 27. The company’s board of directors also declared an increase of its quarterly cash dividend by 6.7% to $0.08 per common share, payable on Feb. 28 to Read More →
