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The Camarillo-based semiconductor manufacturer Semtech will raise up to $300 million in a private debt placement to help pay for its pending acquisition of Sierra Wireless. The company announced a $250 million in convertible senior notes on Oct. 6 and upped the total to $300 million the next day. The notes will pay 1.625% interest Read More →
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Glass House Brands purchased Houweling’s Tomatoes greenhouses in Camarillo with the hopes of growing and selling cannabis not just for the state of California, but for the entire country. After president Joe Biden’s announcement on multiple cannabis issues Oct. 6, including potentially removing the drug from the most restrictive tier of federal controls, that hope Read More →
Lower State Street will remain closed to vehicle traffic for at least two more years, and restaurants will likely start paying for their outdoor dining “parklets,” according to new requirements recently adopted by the Santa Barbara City Council. In the tri-county area, only the cities of Santa Barbara and Ventura have left their main downtown Read More →
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