Hopkins, Smith leave Sheppard Mullin for Cooley
Thomas Hopkins and Ian Smith, two of the top deal-making attorneys in the Tri-Counties, have left Sheppard Mullin Richter & Hampton for technology powerhouse Cooley. Hopkins and Smith both joined Sheppard Mullin in 2001 when it acquired Santa Barbara firm Nida & Maloney. They accumulated a roster of billions of dollars of deals with local Read More →
Obesity device firm raises $27.3M for clinical trials
Goleta-based BAROnova has raised $27.3 million to fund clinical trials of its obesity treatment, bringing the medical device firm’s total funds raised to date to $41.3 million. The company is developing a product it calls the TransPyloric Shuttle. The firm said the device may be able to slow the digestion process and create the sensation Read More →
SLO chamber hires governmental affairs chief to head legislative efforts
The San Luis Obispo Chamber of Commerce has hired Charlene Rosales as its director of governmental affairs to head its legislative efforts, including representing the city’s business community to local and state governments. Rosales has been a Central Coast resident since 1985, and she’s worked for Cal Poly San Luis Obispo and a number of Read More →
lynda.com buys Austrian video training firm
[EDITOR’S NOTE: This story was updated at 11:30 a.m. to correct a quote attribution.] Fast-growing online education company lynda.com, which last month raised $103 million in its first round of outside financing, has acquired an Austrian video training platform. Lynda.com said Feb. 14 that it purchased video2brain, a video training site that offers courses in Read More →
Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas
Officials at Haas Automation appeared flattered by a pre-Valentine’s Day recruitment visit by Texas Gov. Rick Perry, but did not reveal any definitive news about the company’s expansion or relocation plans on Tuesday. The Oxnard-based machine-tool maker was courted by Perry after saying publicly that it is considering locations outside of California to expand beyond Read More →
CalAmp to offer 4.2M shares to fund acquisition
CalAmp said Feb. 11 that it plans to sell 4.2 million shares of common stock in an underwritten public offering that could raise about $40 million for the Oxnard-based wireless products maker. The proceeds would be used to partially fund the purchase of Wireless Matrix Corp., a $53 million all-cash deal announced in December. Canaccord Read More →
Moorpark mortgage firm files for $287.5M IPO
Moorpark-based financial services company PennyMac has filed papers for a $287.5 million initial public offering of its stock on the New York Stock Exchange. The venture was founded in 2008 by a former top executive at Countrywide Financial Corp., the defunct subprime mortgage lender at the heart of the financial crisis. In July 2011, PennyMac Read More →
