QAD shares soar on narrower Q1 loss
By Staff Report / Friday, May 30th, 2014 / Banking & Finance, South Coast, Technology, Tri-County Public Companies / Comments Off on QAD shares soar on narrower Q1 loss
Shares of software firm QAD shot up almost 7 percent in midday trading on Friday after the company reported a smaller first-quarter loss. Santa Barbara-based QAD posted a quarterly loss of $76,000, or 1 cent per Class A share and break-even for Class B shares, compared to a loss of $1.3 million a year earlier. Read More →
InTouch says court decision strengthens its patent portfolio
By Stephen Nellis / Friday, May 30th, 2014 / Health Care & Life Science, Law & Goverment, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on InTouch says court decision strengthens its patent portfolio
A federal appeals court has handed down a mixed result in the legal battle InTouch Health waged against a lower-priced competitor, finding that the Goleta company’s patents were valid but had not been infringed.
New Venture Competition hands out prizes to UCSB startups
By Stephen Nellis / Friday, May 30th, 2014 / Small Business, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on New Venture Competition hands out prizes to UCSB startups
A technology to make mobile phone GPS more accurate, a new seafood distribution system and a novel way to brand beer growlers at craft breweries were among the top winners at UC Santa Barbara’s annual New Venture Competition on May 22.
Resonant IPO raises $16.2M to fuel Skyworks deal
By Staff Report / Thursday, May 29th, 2014 / South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Resonant IPO raises $16.2M to fuel Skyworks deal
Shares of Santa Barbara-based semiconductor firm Resonant, which has a key development deal with a major supplier to Apple, were up 50 percent in the first day after it raised $16.2 million in an initial public offering.
Mapping technology wins UCSB business contest
By Stephen Nellis / Friday, May 23rd, 2014 / Latest news, South Coast, Technology / Comments Off on Mapping technology wins UCSB business contest
A technology to make mobile phone GPS more accurate, a new seafood distribution system and a novel way to brand beer growlers at craft breweries were among the top winners at UC Santa Barbara’s annual New Venture Competition on May 22.
Central Coast banks on startups to drive growth
By Stephen Nellis / Friday, May 23rd, 2014 / Central Coast, Small Business, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Central Coast banks on startups to drive growth
Cal Poly’s successful SLO Hot House program is welcoming its fourth cohort of companies, and the Goleta Entrepreneurial Magnet will soon open its doors.
Snapwire connects amateur photographers and publishers
By Stephen Nellis / Friday, May 23rd, 2014 / South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Snapwire connects amateur photographers and publishers
Snapwire is hoping to solve several problems that plague stock photography, chief among them the issue of freshness. I