Yardi adds 200 employees with purchase of billing company
Yardi Systems said May 17 that it purchased Ista North America’s Multifamily Services Group, a business that provides utility billing services for owners and managers of apartment complexes. The deal brings 200 employees into Yardi’s fold. Goleta-based Yardi makes property management software for apartment complexes. With about 350 employees, it’s one of the largest private Read More →
Transphorm hiring heats up
Goleta-based energy efficiency firm Transphorm has broken the 100-employee mark and set its sights on markets that could save four times the electricity consumed by New York City. The company, a UC Santa Barbara spinout headed by electrical engineering professor Umesh Mishra and business partner Primit Parikh, laid out the company’s growth and plans at Read More →
Allegiant Air debuts flight from Santa Maria to Honolulu
Allegiant Air is introducing a direct flight from Santa Maria to Hawaii, the airline announced May 15. Weekly nonstop flights from Santa Maria Public Airport to Honolulu International Airport will start in November. Fares for the new route start at $199 each way, the airline said in a news release. News of the route comes Read More →
Nominations sought for Latino Business Awards
I’m proud to announce that the Pacific Coast Business Times is launching its first-ever Latino Business Awards. This special section, publishing June 22, recognizes the outstanding Latino business leaders and professionals who have helped to shape the Tri-Counties. We’re currently seeking nominations to get the inaugural issue of this exciting special section off the blocks. Read More →
NiMin reports $1.5M loss
NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →
