Teledyne subsidiary acquires Scientific Systems
Teledyne Instruments, an arm of Thousand Oaks-based aerospace and defense company Teledyne Technologies, announced that it would acquire Pennsylvania piston pump maker Scientific Systems, Inc. Teledyne is one of SSI’s larger customers, Teledyne President and CEO Robert Mehrabian said in a news release. “SSI will provide Teledyne greater access to life sciences customers and markets, Read More →
Santa Barbara software company QAD has new product
Santa Barbara software company QAD released its newest product in its demand and supply chain planning suite July 13. “This latest version features many improvements and extended capabilities that make QAD DSCP more comprehensive and even easier to use,” Luc Janssen, vice president of research and development for manufacturing and supply chain solutions, said in Read More →
Next Energy gets $2.5 million grant to commercialize solar panel windows
Solar panel window maker Next Energy Technologies received a $2.5 million grant from the SunShot Initiative by the U.S. Department of Energy, the company announced July 14. The project aims to develop and commercialize Next’s prototypes and begin pilot manufacturing to help meet a target Levelized Cost of Energy of 3 cents per kilowatt-hour by Read More →
Conejo Valley biotech scene heats up with Sienna IPO
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Amgen’s Kyprolis found to increase cancer survival rate
A Phase 3 clinical study of Amgen’s multiple myeloma drug Kyprolis showed that it increased overall survival rate when paired with lenalidomide and dexamethasone versus just those two drugs alone. The drug reduced the risk of death by 21 percent, and patients lived 7.9 months longer when on a regimen that included Kyprolis than those Read More →
Curvature completes merger with SMS Systems
Curvature, an information technology network company based in Santa Barbara, announced the completion of its merger with Charlotte, N.C.-based SMS Systems on July 13. The combined company will retain the Curvature name but reveal new branding and integrated offerings on July 17. It will also be looking to expand resources at both its West Coast Read More →
Frontier Communications completes 1-for-15 reverse stock split
Frontier Communications completed a 1-for-15 reverse stock split on July 10, opening at $16.35 per share, with around 175 million shares outstanding. The company announced the split March 28 when it filed paperwork with the Securities and Exchange Commission, and the move was approved by shareholders and the board of directors May 10. Its market Read More →
