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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care & Life Science, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Allergan to shutter Goleta facility, cut 300 jobs

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker Read More →

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Network Hardware Resale becomes Curvature as strategy shifts

By   /  Friday, July 18th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Network Hardware Resale becomes Curvature as strategy shifts

Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.

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Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

By   /  Friday, July 18th, 2014  /  East Ventura County, Technology, Top Stories, Tri-County Economy  /  Comments Off on Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley

One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.

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Tracking trucks: ClearPathGPS offers fleet monitoring from the cloud

By   /  Friday, July 18th, 2014  /  Small Business, South Coast, Technology, Tri-County Economy  /  Comments Off on Tracking trucks: ClearPathGPS offers fleet monitoring from the cloud

Two Santa Barbara software veterans have started ClearPathGPS to make that technology affordable and easy to use for fleets as small as five vehicles.

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Teledyne dives into underwater drone business with Ocean Aero deal

By   /  Friday, July 11th, 2014  /  Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Teledyne dives into underwater drone business with Ocean Aero deal

While other companies look to the skies for drone business opportunities, Teledyne Technologies is looking to the seas. The Thousand Oaks-based conglomerate has been investing in so-called autonomous underwater vehicles that are used by oceanographers, oil and gas companies and for military missions. On July 2, Teledyne invested in a San Diego company called Ocean Read More →

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Hawaii utility project is largest-ever for REC Solar

By   /  Friday, July 11th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Hawaii utility project is largest-ever for REC Solar

San Luis Obispo-based REC Solar has broken ground on its biggest project yet, a 12-megawatt installation for a Hawaiian utility cooperative.

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Playing your cards right: How to pick a payment processing service

By   /  Friday, July 11th, 2014  /  Small Business, Technology, Tri-County Economy  /  Comments Off on Playing your cards right: How to pick a payment processing service

The Business Times spoke with several retailers and merchant-processing services to find out what sorts of factors small-business owners should weigh when deciding on a point-of-sales system.