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ParentSquare software helps connect classrooms

By   /  Friday, October 3rd, 2014  /  Small Business, South Coast, Technology, Top Stories  /  Comments Off on ParentSquare software helps connect classrooms

Santa Barbara-based startup ParentSquare is making a communication system that hopes to reach all parents, regardless of what kind of communication technology they have at home or what language they speak.

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Clean Diesel chairman resigns, metals industry veteran steps in

By   /  Tuesday, September 30th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel chairman resigns, metals industry veteran steps in

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean Read More →

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News Corp. to buy Move for $950M

By   /  Tuesday, September 30th, 2014  /  Real Estate, Technology, Top Stories  /  Comments Off on News Corp. to buy Move for $950M

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

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SLO telecoms to merge

By   /  Monday, September 29th, 2014  /  Central Coast, Latest news, Technology  /  Comments Off on SLO telecoms to merge

Norcast Telecom and Blue Rooster Telecom, two San Luis Obispo-based firms that provide voice and data service to about 2,500 Central Coast business customers, are merging.

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Qualstar shares sink on $5.6M loss

By   /  Monday, September 29th, 2014  /  Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Qualstar shares sink on $5.6M loss

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →

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$86.2M Sientra IPO plumps up public-company ranks

By   /  Friday, September 26th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $86.2M Sientra IPO plumps up public-company ranks

With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →

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SpendSmart snaps up TechXpress for $1.6M

By   /  Friday, September 26th, 2014  /  Technology, Top Stories  /  Comments Off on SpendSmart snaps up TechXpress for $1.6M

Alex Minicucci, CEO of San Luis Obispo-based SMS Masterminds. (Business Times file photo)

It has only been a few months since Alex Minicucci took the reins of publicly traded SpendSmart Networks, but he has already masterminded the acquisition of fellow San Luis Obispo firm TechXpress and expanded SpendSmart’s headcount from 12 to 40.