Henley named vice chair at Oracle
By Staff Report / Friday, September 19th, 2014 / Technology, Top Stories, Tri-County Economy / Comments Off on Henley named vice chair at Oracle

Santa Barbara resident Jeff Henley will become vice chairman of the board of software giant Oracle Corp. as longtime CEO Larry Ellison steps down and become chairman. Oracle announced Thursday that billionaire founder Ellison will be replaced by Mark Hurd and Safra Catz who will both have the CEO title. Ellison will formally be Read More →
Ad tracking strategy pays off in $2.3B Conversant deal
By Stephen Nellis / Friday, September 19th, 2014 / East Ventura County, South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Ad tracking strategy pays off in $2.3B Conversant deal

It took him two years, but John Giuliani is the man who finally made Conversant ready for a sale. And even though his stake in the Westlake Village-based advertising technology firm’s $2.3 billion cash-and-stock merger with Alliance Data Systems announced Sept. 11 will be worth about $96 million, Giuliani has no plans to cash Read More →
HP jumps into the cloud with Eucalyptus buy
By Stephen Nellis / Friday, September 19th, 2014 / South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on HP jumps into the cloud with Eucalyptus buy
While it’s unclear whether the rise and sale of Goleta-based Eucalyptus Systems to tech giant Hewlett-Packard Co. was a major financial success for its investors, one thing is certain: The South Coast is now on the map as having proved the viability of open-source hybrid cloud computing and will have contributed an important component to HP’s cloud strategy going forward.

Haas Automation plots expansion in California after deal with state
By Elijah Brumback / Friday, September 19th, 2014 / East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Haas Automation plots expansion in California after deal with state

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.

A swing at success: Edufii gets $1.4M to fund sports training platform
By Stephen Nellis / Friday, September 19th, 2014 / Central Coast, Small Business, Technology, Top Stories, Tri-County Economy / Comments Off on A swing at success: Edufii gets $1.4M to fund sports training platform

San Luis Obispo-based Edufii has raised a $1.4 million round of investment for its online sports training platform.

CLU rolls out Huddle to incubate startups in Westlake Village
By Stephen Nellis / Friday, September 19th, 2014 / East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy / Comments Off on CLU rolls out Huddle to incubate startups in Westlake Village

California Lutheran University’s new Westlake Village co-working and teaching space, Huddle, is up and running with a slate of fall events that organizers hope will make it a hub for entrepreneurship in East Ventura County
Startup leaders talk shift
By Stephen Nellis / Thursday, September 18th, 2014 / Latest news, South Coast, Technology / Comments Off on Startup leaders talk shift
There’s only one thing you can be sure about in business: shift happens. Whether it’s customers coming and going or a competitor rolling out a new product, every business faces change. By their very nature, technology companies face the constant of change more than most, and the ones that succeed are the ones that embrace Read More →