Teledyne completes $710M purchase from Excelitas
By Amanda Marroquin Business Times Intern Thousand Oaks-based Teledyne Technologies completed its $710 million acquisition of several businesses from Excelitas Technologies Corp on Feb. 3. Teledyne’s, the technology and defense conglomerate, $710 million acquisition included aerospace and defense electronics businesses. Qioptiq, a UK-based optical systems business under Excelitas, was amongst the businesses obtained in the deal, Read More →
Atara will shed 50% of its workforce after FDA rejection
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Unwrap.AI receives $12 million in Series A funding
Santa Barbara-based Unwrap, an AI-powered customer intelligence platform, announced Jan. 30 it has received $12 million in Series A funding. The round was led by Scale Venture Partners with participation from Atlassian Ventures, Cercano, ScOp VC, Allen Institute for Artificial Intelligence, former Stripe CTO David Singleton, Perplexity co-founder Johnny Ho, and others. Unwrap will use the new funding to expand sales and Read More →
Investors accuse Simi company of securities fraud
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CRE: Radius takes over Paseo Nuevo retail leasing; Pacifica will transition to a one-campus institute
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Santa Barbara’s unemployment rate rises to 4.5% in December
Two of the three counties on the Central Coast saw their unemployment rates continue to fall in December with the only exception being Santa Barbara County, according to the latest data provided by the California Employment Development Department. Released on Jan. 24, the unemployment rate for Santa Barbara County was at 4.5% for the month of December, up 0.2% Read More →
