Ceres develops drought-resistant gene
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K-Swiss agrees to $170M buyout by Korean firm
Shares of Westlake Village-based footwear firm K-Swiss soared 48 percent on the morning of Jan. 17 after the company agreed to a $170 million buyout. E.Land World Ltd. of South Korea offered to pay $4.75 per share for K-Swiss, which has struggled with huge losses in recent years as sales of its iconic white tennis Read More →
Limoneira predicts sales gains after profits dip
Santa Paula-based Limoneira Co. said fourth-quarter revenue jumped sharply but that it experienced a decline in profit because of expenses for Sheldon Ranch, a new 1,000-acre lemon and citrus leasehold that is expected to be profitable in 2013. The company said it expects strong results from those lemon and citrus in 2013, when it also Read More →
Amgen inks $180M nanomedicine deal
Thousand Oaks-based Amgen has entered a deal to pay up to $180.5 million for nanomedicine tumor treatments being developed by a Massachusetts company. Cambridge-based Bind Biosciences said it has entered a development agreement with Amgen for its kinase inhibitor nanomedicines for treating a range of solid tumors. The medicines are highly targeted and can be Read More →
CalAmp buys Wireless Matrix for $53M
Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying the U.S. operations of Wireless Matrix Corp. for $53 million in cash. CalAmp said it expects the deal, which will likely close in the first quarter of 2013, to be accretive to its non-GAAP earnings starting in 2014. Wireless Matrix is a Read More →
