New restaurant, PetSmart among recent deals
Latest newsA flurry of commercial real estate deals closed around the Tri-Counties over the past few days. Here is a roundup of the new leases: • On Aug. 16, the owners of Santa Barbara Shellfish Co. signed a lease on a 5,368-square-foot spot at 330 State St. for a new restaurant location. Tom and Adam White, Read More →
Region's colleges rank high on U.S. News lists
Latest newsFive of the six four-year universities in the Tri-Counties are among the top 100 colleges in the nation in their respective categories, according to the latest rankings from U.S. News & World Report. U.S. News ranks schools separately according to whether they’re considered research universities or liberal arts colleges and whether they’re national or regional Read More →
Veeco to sell Goleta unit
Latest newsVeeco Instruments announced Aug. 16 that it plans to sell its metrology business, which includes a unit based on the South Coast, to a scientific instruments company called Bruker Corp. for $229 million. The deal is expected to close in the fourth quarter of this year, pending regulatory review and certain closing conditions, Veeco said Read More →
Health care IT firm Aspyra acquired
Health Care & Life Science, Latest newsAspyra, a Westlake Village-based health care information technology company, announced Aug. 9 that it had been acquired by Orion Healthcare Ventures, LLC. Aspyra will continue operations under its own name. Orion Healthcare Ventures LLC is a closely held investment firm with a focus on health care technology enterprises that show potential for growth, the firm Read More →
Amgen disappointed in latest drug trial
Latest newsAmgen announced “disappointing” results on Aug. 10 from a Phase 3 trial evaluating its drug Vectibix as a treatment for patients with recurrent and/or metastatic squamous cell head and neck cancer. Thousand Oaks-based Amgen said the data from its study showed that adding Vectibix — the drug’s generic name is panitumumab — to chemotherapy treatment Read More →
Farmers Insurance to leave Simi Valley
Latest newsFarmers Insurance plans to move 1,200 people from its Simi Valley office to one in the San Fernando Valley, leaving Simi Valley without one of its largest employers. The move will take effect in early 2011, according to a news release Farmers issued Aug. 11. In that statement, Farmers Executive Vice President David Travers said Read More →
Bunnin pursuing Goleta dealership
Latest newsVentura County auto dealer Leo Bunnin may be opening his first dealership on the South Coast, as he makes a serious bid for a Chrysler-Jeep-Hyundai dealership in Goleta that recently suspended new car sales. Bunnin, a longtime fixture in the Southern California car business, got his start in the Tri-Counties with an Infiniti dealership in Read More →
