Ventura, Santa Barbara County ag revenues both grew 5% in 2021
Both Santa Barbara and Ventura counties saw total agriculture revenue rise 5% between 2020 and 2021, combining for nearly $4 billion in revenue, despite a steep decline in a usually popular fruit, avocados. The 2021 crop reports for both Santa Barbara County and Ventura County were released in late July, while the county of San Read More →
Semtech announces $1.2B Sierra Wireless acquisition
Semtech Corporation, a Camarillo-based semiconductor company specializing in Internet of Things applications, is making its largest acquisition ever, announcing Aug. 2 that it will buy Sierra Wireless for $1.2 billion. Based in Vancouver, Canada, Sierra Wireless also makes components for Internet of Things applications. “Internet of Things” refers to devices connected to the internet that Read More →
FreshRealm CEO: Company will use $200M investment to ‘play offense in the market’
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Santa Barbara scores a soccer club
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New slide in Pismo Beach brings more than a dozen lawsuits against city, contractors
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House approves funding for Highway 101 widening from Goleta to Ventura
A massive project to expand lanes on Highway 101 between Santa Barbara and Ventura received a slice of federal funding recently approved by the U.S. House of Representatives, after lobbying by Congressman Salud Carbajal. Carbajal, D-Santa Barbara, announced on July 21 that he had secured more than $16.6 million in federal money for projects in his district Read More →
Goleta’s Apeel lays off undisclosed number of employees
Goleta-based Apeel Sciences will lay off an unspecified amount of workers and downsize its operations after years of continued growth that took it past a valuation of $2 billion in its last funding round. In a statement provided to the Business Times on July 11, an Apeel spokesperson said the company is “working tirelessly to Read More →
