July 17, 2024

		

			
				

				   	

				    
				    
				    

					
 

				    

				    				    	
				    

				


			

		

		
		
 
			

				
												


								
								

								
																
								
 | Thursday, January 3rd, 2013

								
Nexsan sold for $120M

								Banking & Finance, Latest news, Technology								
Thousand Oaks-based Nexsan Corp., a maker of hard-disk storage arrays for mid-sized businesses, has been purchased by Imation Corp. for $120 million. Imation will pay $105 million in cash and 3.3 million common shares, worth about $15 million, for the Thousand Oaks firm. Nexsan is privately held but kicked off an unsuccessful bid to go Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Wednesday, January 2nd, 2013

								
CalAmp buys Wireless Matrix for $53M

								Banking & Finance, Latest news, Technology, Tri-County Public Companies								
Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying the U.S. operations of Wireless Matrix Corp. for $53 million in cash. CalAmp said it expects the deal, which will likely close in the first quarter of 2013, to be accretive to its non-GAAP earnings starting in 2014. Wireless Matrix is a Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Monday, December 31st, 2012

								
QAD buys Michigan firm for $5M

								Banking & Finance, Latest news, Technology, Tri-County Public Companies								
Santa Barbara-based manufacturing software firm QAD said Dec. 31 that it purchased Michigan-based Cebos for $5 million in cash. QAD sells planning and management software used by large manufacturing firms around the world. Cebos provides management and regulatory compliance software. QAD will pay $3.5 million upon closing the deal and then $1.5 million subject to Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Tuesday, December 18th, 2012

								
Amgen to pay $150M for misbranding Aranesp

								Latest news								
[Editor’s note: This story has been updated with comments from Amgen.] Biotech giant Amgen pleaded guilty Dec. 18 to a misdemeanor charge for misbranding its anemia drug Aranesp. According to a report from Bloomberg News, the Thousand Oaks-based firm agreed to pay $150 million in fines and penalties as part of the guilty plea. U.S. Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Monday, December 10th, 2012

								
Amgen buys DeCode Genetics for $415M

								Banking & Finance, Latest news, Technology, Tri-County Public Companies								
Biotech giant Amgen is buying Icelandic genetics research firm DeCode Genetics for $415 million, the Thousand Oaks company said Dec. 10. The all-cash deal is expected to close before the end of the year and will give Amgen, the largest biotechnology firm in the world, opportunities to develop new medicines that target defective DNA. “DeCode Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Friday, December 7th, 2012

								
Vitesse to raise $16.1M in stock offering

								Banking & Finance, Latest news, Technology, Tri-County Public Companies								
Camarillo-based Vitesse Semiconductor plans to raise $16.1 million in a public offering of stock. The deal, announced Dec. 6, will offer 10 million shares at $1.75 each, netting $16.1 million after costs. It’s expected to close Dec. 12. Needham & Company is acting as the sole book-running manager of the offering, and Craig-Hallum Capital Group Read More →

							

						        

							


							

							


					        

					     

							
					       


					     


												


								
								

								
																
								
 | Thursday, December 6th, 2012

								
DeLorenzo leaves Dole for Itochu

								Agribusiness, Banking & Finance, Latest news, Tri-County Public Companies								
Dole Food Co. President and CEO David DeLorenzo is leaving the company to lead Itochu Corp., the Japanese firm that’s in the process of buying Dole’s packaged foods unit for $1.7 billion. In another step toward closing the Itochu deal by the end of the year, shareholders of the Westlake Village-based food company approved it Read More →