Digital West completes merger with Norcast Telecom
Digital West announced Jan. 24 that it completed a merger with its fellow IT network provider Norcast Telecom, both headquartered in San Luis Obispo. Together, they will have 60 employees with no staff reductions planned. “Our two companies have worked closely for more than 10 years; in fact, we work with many of the same Read More →
Lockheed Martin reports strong fourth quarter earnings
Defense and technology giant Lockheed Martin, which has operations in Goleta, reported earnings of $3.25 per share for the fourth quarter of 2016, bringing it up to $12.38 per share for the year. Sales grew from $11.8 billion in the final quarter of 2015 to $13.8 billion, the company reported Jan. 24, with net earnings Read More →
Procore achieves ‘unicorn’ status
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Curvature to merge with SMS Systems
Santa Barbara-based Curvature announced its merger with Charlotte, N.C. IT data center company SMS Systems Maintenance Services Jan. 18. The combined company will have more than $500 million in revenue and 2,000-plus employees. Financial details of the merger were not disclosed. Following the transaction, the combined company will operate under the name SMS | CURVATURE Read More →
SpaceX rocket launches from Vandenberg Air Force Base
By Dana Hull Elon Musk’s Space Exploration Technologies Corp. returned to the skies Jan. 14 with a flawless delivery of communications satellites into orbit, its first flight since a Sept. 1 fireball destroyed a rocket and its payload on a Florida launch pad. A Falcon 9 rocket carrying 10 Iridium Communications Inc. satellites rumbled aloft from Read More →
No game changers at 2017 CES
By David Newton The 2017 (50th anniversary) Consumer Electronics Show felt a lot like 2016, which felt a lot like 2015. My 15th year walking the 2.3 million square feet of exhibit space showcasing 4,000 companies lacked the buzz and anticipation of breakthrough tech innovations that have typically defined this annual event. And that’s the Read More →
UC Santa Barbara ranked No. 1 for industry research funding
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