Procore aims for lower net loss, continued high growth in 2023
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The Trade Desk outperforms competition to close out fiscal year
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Wyatt Technology acquired for $1.3 billion
Santa Barbara-based Wyatt Technology has been acquired for $1.36 billion by Waters Corporation, a publicly traded analytical laboratory instrument manufacturing company, the two parties announced on Feb. 15. The transaction is expected to close in the second quarter of 2023. Kirkland & Ellis LLP is serving as legal counsel to Waters, while Wyatt’s legal counsel Read More →
QAD remains committed to Santa Barbara, sets sight on new vision following acquisition
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Teledyne Flir awarded $13 million government contract
Teledyne Flir Defense, a subsidiary of Teledyne, has been awarded a $13.3 million contract by the U.S. Department of Defense to further expand the capabilities of its R80D SkyRaider unmanned aerial system to autonomously perform chemical, biological, radiological and nuclear (CBRN) reconnaissance missions, the company announced Feb. 8. Teledyne Flir, which has operations in Goleta, Read More →
Atara’s cuts down net loss in 2022
Atara Biotherapeutics recorded a lower net loss in the fourth quarter and the entirety of fiscal year 2022, but missed expectations still led to an 8% decline in after-hours trading. Atara, a South San Francisco-based immunotherapy company with its major operations in Thousand Oaks, reported a net loss of $228.3 million, or 2.24 cents per Read More →
QAD sees major expansion ahead with Redzone acquisition
Santa Barbara-based QAD has secured its second acquisition in as many months, this time purchasing Florida-based Redzone for a reported $1 billion, the software company announced Feb. 1. QAD, which provides cloud software for the manufacturing industry, did not disclose how much the deal was worth. However, according to Reuters, the deal is worth about Read More →
