Self-driving cars: Disruptions on the road ahead
By Paul Witman Self-driving cars and trucks are making their way from the lab to city streets and highways. Projects from Google, Audi, Tesla and others have made considerable progress in enabling the “driver” just to tell the car where to go and the car does the rest. Uber, the taxi alternative, is testing these Read More →
CalAmp reports $1.5 million loss in net income for third quarter
Oxnard wireless parts maker CalAmp ended the third quarter with a $1.5 million loss in net income, or a 4 cent loss per diluted share, compared to $3.9 million in net income last year, or 11 cents per share. CalAmp was impacted by a legal expense that was $1.6 million more than the comparable period last year Read More →
Soraa LED lamps exceed state certification standards
Goleta-based LED technology company Soraa announced Dec. 22 that its products exceeded the certification needed for California’s Title 24 lighting standard, making it the first company with a complete line of LED lamps to do so. Soraa’s LEDs had both a color rendering index and a deep red rendering index of 95, greater than the Read More →
Amgen seeks to market osteoporosis drug in Japan
Thousand Oaks biotech giant Amgen is seeking marketing approval in Japan for osteoporosis drug romosozumab, the company announced on Dec. 20. Amgen submitted the request to the Pharmaceuticals and Medical Devices Agency in Japan, where an estimated 12 million people have a high risk of bone fracture. The company is co-developing the drug worldwide with Euronext Read More →
Lockheed Martin wins contract for F-35 logistics
Lockheed Martin was awarded a contract valued at $181.2 million by the Naval Air Systems Command to provide logistic services for its F-35 Lightning II aircraft. The aerospace and defense company with operations in Santa Barbara will conduct ground maintenance, supply chain management, pilot and maintainer training and support and other functions, according to a Read More →
QAD software streamlines Yamaha Motor’s data analysis
Manufacturing software provider QAD announced Yamaha Motor Manufacturing Corporation USA as a customer Dec. 7, using its Cloud QMS software at its Newnan, Georgia facility. The recreational and all-terrain vehicle manufacturer deployed the software for purchasing and data analysis, reducing time on requests information, Wayne Pierce, senior division manager of purchasing for YMMC, said in Read More →
Inphi completes acquisition of ClariPhy Communications
Inphi’s acquisition of ClariPhy Communications, valued at $277 million in addition to the assumption of some liabilities, was completed Dec. 12. The deal, announced Nov. 1, gives the semiconductor producer with operations in Westlake Village access to products that are complimentary to its own, providing high-performance but low-power platforms for its customers, President and CEO Read More →
