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Sale of Veeco’s Goleta unit closes

By   /  Friday, October 8th, 2010  /  Latest news, Technology  /  Comments Off on Sale of Veeco’s Goleta unit closes

The sale of Veeco Instruments’ metrology business, which includes its facility in Goleta, closed on Oct. 8, the company announced. Massachusetts-based Bruker Corp. now owns the metrology unit, which includes offices in Goleta and Tuscon, Ariz., and will combine it with its Bruker Nano division. The company paid $229.4 million in cash in the deal, Read More →

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Major shareholders file suit against Occam

By   /  Thursday, October 7th, 2010  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Major shareholders file suit against Occam

A group of shareholders who between them own about 19 percent of Occam Networks filed suit Oct. 6 against Occam’s board of directors to stop the proposed acquisition of the company by Calix. In a news release announcing the suit, the investors — who include legendary hedge fund manager Michael Steinhardt — claim the $171 Read More →

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2011 Amgen tour to hit Paso, Solvang, T.O.

By   /  Thursday, October 7th, 2010  /  Latest news  /  Comments Off on 2011 Amgen tour to hit Paso, Solvang, T.O.

Paso Robles, Solvang and Thousand Oaks will all play host to parts of the 2011 Amgen Tour of California cycling race, Amgen and the race’s other organizers announced Oct. 7. The eight-day, 800-mile race starts May 15 in South Lake Tahoe and winds its way down the state to finish May 22 in Amgen’s home Read More →

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Copelands face fine in SLO election dispute

By   /  Monday, October 4th, 2010  /  Latest news  /  Comments Off on Copelands face fine in SLO election dispute

San Luis Obispo businessmen James and Thomas Copeland and banker David Booker were the anonymous backers of “No on J,” the campaign to stop rancher Ernie Dalidio from developing 131 acres outside the city, according to a report from state campaign regulators. The three face fines of up to $80,000. The California Fair Political Practices Read More →

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Firms to pay $5.4M for 2003 Piru fire

By   /  Monday, October 4th, 2010  /  Latest news  /  Comments Off on Firms to pay $5.4M for 2003 Piru fire

Two Ventura County companies accused of starting the 2003 Piru fire have agreed to pay the U.S. Forest Service $5.4  million to settle a federal civil suit, the U.S. Attorney’s Office announced Sept. 24. Ventura-based Berry Engineering General Contractors agreed to pay $5   million, and Santa Paula-based Mendez Concrete agreed to pay $447,423. Neither company admitted any Read More →

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Santa Barbara approves TBID

By   /  Monday, October 4th, 2010  /  Latest news  /  Comments Off on Santa Barbara approves TBID

The Santa Barbara City Council voted Sept. 28 to establish a “tourism business improvement district,” which will collect fees from 88 different hotels and use them to fund a regional marketing campaign. The measure places a surcharge, on top of the existing bed tax, of between 50 cents and $2 per night, depending on the Read More →

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SolarWorld announces new schools program

By   /  Thursday, September 30th, 2010  /  Green Coast, Latest news  /  Comments Off on SolarWorld announces new schools program

SolarWorld, a German company with a plant in Camarillo, unveiled a program Sept. 30 that could put solar panels on schools without charging the schools for any of the up-front costs. The move comes a few weeks after the Oxnard Union School District passed over SolarWorld and picked SunPower, a San Jose-based company, to put Read More →