Amgen pays $290M to exit osteoporosis drug deal
By Staff Report / Thursday, April 3rd, 2014 / Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Public Companies / Comments Off on Amgen pays $290M to exit osteoporosis drug deal
Amgen will pay $290 million to end its collaboration with British drugmaker GlaxoSmithKline to commercialize the osteoporosis drug denosumab in certain markets outside the U.S.
Inogen swings to $18.2M profit in 2013
By Staff Report / Friday, March 28th, 2014 / Banking & Finance, Earnings, South Coast, Technology, Top Stories, Tri-County Public Companies / Comments Off on Inogen swings to $18.2M profit in 2013
Medical device maker Inogen notched $18.2 million in profits, or $1.10 per diluted share, on $75.4 million in revenue last year, the Goleta firm said in its first earnings report as a public company.
A soft touch for transit: CHK America builds interactive route maps for cities
By Stephen Nellis / Friday, March 28th, 2014 / Small Business, South Coast, Technology, Top Stories / Comments Off on A soft touch for transit: CHK America builds interactive route maps for cities
The first unit is being tested at the Santa Barbara MTD Transit Center, where the company will be refining the software that runs the system to make it as useful as possible to riders.
Baxter BioScience to be spun out
By Staff Report / Thursday, March 27th, 2014 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Baxter BioScience to be spun out
Baxter International, an Illinois company that is a major employer in the Conejo Valley, is planning to split itself into two companies.
DenMat buys Bay Area firm
By Staff Report / Tuesday, March 25th, 2014 / Central Coast, Technology / Comments Off on DenMat buys Bay Area firm
In its second acquisition this year, Lompoc-based DenMat has bought G.Hartzell & Son, a dental instruments company in the Bay Area.
Sonos fights Apple spinoffs in patent battle
By Stephen Nellis / Friday, March 21st, 2014 / Law & Goverment, Technology, Top Stories / Comments Off on Sonos fights Apple spinoffs in patent battle
Wireless speaker maker Sonos made its first-ever disclosure of $535 million in revenue while locked in a patent fight against sophisticated opponents with ties to Apple.
Xirrus targets 2015 for IPO, plans new Wi-Fi products
By Stephen Nellis / Friday, March 21st, 2014 / East Ventura County, Technology, Top Stories, Tri-County Economy / Comments Off on Xirrus targets 2015 for IPO, plans new Wi-Fi products
Thousand Oaks-based Xirrus has rolled out a new line of corporate-grade Wi-Fi devices at a lower price point that it hopes will vastly expand its customer base and set the stage for an initial public offering next year.