Teledyne completes $58M takeover of Micropac
Thousand Oaks-based Teledyne Technologies completed its acquisition of Micropac Industries on Dec. 30. The all-cash transaction valued Micropac at approximately $57.3 million, taking into account Micropac’s net debt as of Aug. 24. Under the merger agreement’s terms, Micropac stockholders received $20 per share in cash. “We are delighted to welcome Micropac and its employees to Read More →
Tri-county stock roundup after tumultuous week
With markets rebounding on December 20, most Central Coast stocks retraced some — but not all — of their declines during a week that saw the worst performance for the Dow Jones Industrials since the 1970s. One notable exception was Mission Produce which posted a 17.75% gain on the 20th and gained nearly 10% for Read More →
AeroVironment’s $990M government contract moves forward
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Semtech raises $661M through public offering
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Energy Vault shares lift after partnership with RackScale Data Centers
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Amgen invests $1B into North Carolina facility
Thousand Oaks-based Amgen continued its investment in its manufacturing facility in North Carolina, as the company announced a $1 billion investment on Dec. 4 to establish a second drug substance manufacturing facility. This brings the company’s total planned investment in Holly Springs to more than $1.5 billion, building on its previously announced $550 million commitment. “This expansion underscores our unwavering Read More →
Semtech shares gain 25% after strong earnings
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