In what could be the region’s biggest-ever day for tech deals, Westlake Village-based Conversant said it will be sold to Dallas-based Alliance Data Systems in a deal valued at $2.3 billion, and Santa Barbara-based Eucalyptus Systems said it will be bought by HP.
A new public food market is in the works for the Bonetti Ranch property in San Luis Obispo, with Buellton-based Figueroa Mountain Brewery as the anchor tenant.
Goleta-based Transphorm, an energy-efficiency company spun out of UC Santa Barbara, said it has been granted two patents that it believes could cover as much as 60 percent of its target market in power-conversion electronics.
Google has selected a UC Santa Barbara lab for a new quantum computing initiative just a short distance from where Microsoft has an outpost, setting up a battle among tech giants on the South Coast.
Westlake Village-based Crunchies Food Co. has filed for Chapter 11 bankruptcy protection, alleging that one of its largest vendors has attempted a hostile takeover of the fast-growing freeze-dried snacks maker.
The Land Conservancy of San Luis Obispo now has the funds to complete the purchase of the 900-acre Pismo Preserve thanks to an additional contribution from the County Board of Supervisors.
