Semtech in talks to buy Sierra Wireless for $1.2B
The Camarillo-based semiconductor company Semtech Corp. disclosed Aug. 2 that it “has engaged in advanced discussions” regarding a possible $1.2 billion acquisition of Sierra Wireless, a Canadian company that makes components for the Internet of Things applications that Semtech also specializes in. Bloomberg first reported a potential deal on Aug. 1, and that day shares Read More →
LTC shares up after report of rising earnings for Q2
Westlake Village-based real estate investment trust LTC Properties reported net income of nearly $55 million, or $1.36 per diluted share, for the second quarter ended June 30. That was up from $18.1 million, or 46 cents per diluted share, for the same period last year. Funds from operations attributable to common stockholders were $25.3 million Read More →
Cure sells $20M in intellectual property, replaces CEO and CFO
Oxnard-based Cure Pharmaceutical, a drug delivery platform and CBD products company, will be selling a portion of its intellectual property and related assets for $20 million, the company announced July 28. The buyer was a company called TF Tech Ventures, and the deal closed July 22, Cure said in a July 28 filing with the Read More →
Funds to widen more highway in Santa Barbara County included in House bill; Ventura County project still waiting
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FreshRealm CEO: Company will use $200M investment to ‘play offense in the market’
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Teledyne shares down despite report of earnings and revenue growth
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Thousand Oaks real estate firm manager arrested on charges of stealing $1M from business
The Ventura County Sheriff’s Department arrested the former operations manager of Aviara Real Estate in Thousand Oaks on July 26, on suspicion of stealing more than $1 million from the business, the Ventura County Sheriff’s Department announced July 26. Dana Hiscock Vines was arrested in Malibu and faces 18 felony counts of grand theft, the Read More →
