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By Staff Report / Thursday, February 20th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Connexity sold to Shopzilla
Ventura-based digital advertising firm Connexity has been purchased by Shopzilla, an online comparison shopping website out of Los Angeles, for an undisclosed sum.
The deal marks the first exit for a business that had operated out of the Ventura Ventures Technology Center, the city of Ventura’s startup incubator.
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By Staff Report / Tuesday, February 18th, 2014 / Banking & Finance, Banking Industry, Central Coast / Comments Off on Mission Community shareholders approve $56M acquisition
Shareholders of San Luis Obispo-based Mission Community Bancorp have voted overwhelmingly in favor of a proposed merger with Heritage Oaks Bancorp out of Paso Robles. The $56 million deal was announced in October 2013 and would leave Heritage Oaks as the survivor and the largest bank based in the Tri-Counties.
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By Stephen Nellis / Friday, February 14th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Conversant dials down on new ad strategy
Conversant will align all of its business units — including a new SET Media video unit that it acquired for $26 million in cash and $4 million in stock days after its name change — around the goal of direct conversations between advertisers and consumers.
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By Stephen Nellis / Thursday, February 13th, 2014 / Technology, Top Stories, Tri-County Public Companies / Comments Off on Inogen IPO raises $70.5M, prices at low end
Goleta-based Inogen has raised $70.5 million in an initial public offering of 4.4 million shares priced at $16, the bottom of the expected $16 to $18 a share range, according to IPO investment firm Renaissance Capital.
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By Staff Report / Tuesday, February 11th, 2014 / Earnings, Technology, Tri-County Public Companies / Comments Off on Conversant beats expectations in Q4
Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.