November 29, 2024

		


| Monday, April 7th, 2014

Business Times to induct Dave Power into Hall of Fame

Tri-County Economy

Auto industry legend J.D. “Dave” Power III, co-founder of J.D. Power & Associates, will become the ninth member of the Pacific Coast Business Times’ regional Business Hall of Fame. Power and the rankings produced by the firm he founded, Westlake Village-based J.D. Power & Associates, have been hugely influential on the auto industry. Power’s pioneering Read More →

The 13,800-square-foot retail center at 1046 Coast Village Road in Montecito has been purchased by a local couple for $14.5 million. (Photo courtesy of Radius Commercial Real Estate & Investments)

| Monday, April 7th, 2014

Montecito’s Starbucks center sells for $14.5M

Real Estate, South Coast, Top Stories, Tri-County Economy

  The Starbucks-anchored retail center at 1046 Coast Village Road in Montecito has been sold to a local couple for $14.5 million. Montecito residents Deborah and James Longo purchased the 13,800-square-foot property in an off-market deal, according to Radius Commercial Real Estate & Investments. Along with the coffee shop, the other long-term tenants at the Read More →

| Monday, April 7th, 2014

Lynda.com buys coding platform

Technology, Top Stories

Carpinteria-based online learning company Lynda.com has purchased Compilr, a Canadian firm that runs a cloud-based platform for programmers to write and test code. Terms of the deal were not announced, but TechCrunch said people close to the transaction valued it at around $20 million. Last year, Lynda.com raised $103 million in its first round of Read More →

| Thursday, April 3rd, 2014

Irrigation technology firm raises $3.5M

Agribusiness, Central Coast, Technology, Top Stories

San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.

| Thursday, April 3rd, 2014

Ventura surgical products firm wins $30M trademark verdict

Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County

A Ventura-based surgical products company won a $30 million jury verdict today in a trademark infringement lawsuit. The verdict is the second attempt at a decision for Neurovision Medical Products, which sued San Diego-based medical device firm NuVasive in 2009. Neurovision alleged that NuVasive willfully infringed on the Ventura company’s “Neurovision” trademark. A jury in Read More →

| Thursday, April 3rd, 2014

Amgen pays $290M to exit osteoporosis drug deal

Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Public Companies

Amgen will pay $290 million to end its collaboration with British drugmaker GlaxoSmithKline to commercialize the osteoporosis drug denosumab in certain markets outside the U.S.

| Tuesday, April 1st, 2014

Disease-carrying citrus psyllid found in SLO County

Agribusiness, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County

The Asian citrus psyllid, a tiny pest that spreads a disease fatal to citrus trees, has been discovered in San Luis Obispo County for the first time. The bug was found in an insect trap at a home near Arroyo Grande, the San Luis Obispo County Department of Agriculture said on April 1, prompting agricultural Read More →