Chinese firm to pump $665M investment into Santa Maria oil field
By Stephen Nellis / Wednesday, February 19th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Chinese firm to pump $665M investment into Santa Maria oil field
One of the most prominent oil field redevelopments in Santa Barbara County is set to be acquired by a Chinese jewelry firm. Houston-based ERG Resources confirmed to the Business Times that it is set to be acquired by Beijing-based Goldleaf Jewelry Co., a jewelry firm that also has gold mining investments.

Vitesse makes play for Internet of things in turnaround tactic
By Stephen Nellis / Friday, February 14th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Vitesse makes play for Internet of things in turnaround tactic
Vitesse, which had $103.7 million in revenue last year, is hoping that the Internet of things will converge with the turnaround strategy it has been mounting for the past several years that is starting to come to fruition.

Conversant dials down on new ad strategy
By Stephen Nellis / Friday, February 14th, 2014 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on Conversant dials down on new ad strategy
Conversant will align all of its business units — including a new SET Media video unit that it acquired for $26 million in cash and $4 million in stock days after its name change — around the goal of direct conversations between advertisers and consumers.

Meet, greet and click: Firm connects event planners, conference centers
By Stephen Nellis / Friday, February 14th, 2014 / Special Sections, Technology, Tourism / Comments Off on Meet, greet and click: Firm connects event planners, conference centers

Elite Meetings International is a company that started out aiming to make it easier for corporate planners to find a good luxury hotel but ended up helping those same hotels do more business by creating better booking software.
Inogen IPO raises $70.5M, prices at low end
By Stephen Nellis / Thursday, February 13th, 2014 / Technology, Top Stories, Tri-County Public Companies / Comments Off on Inogen IPO raises $70.5M, prices at low end
Goleta-based Inogen has raised $70.5 million in an initial public offering of 4.4 million shares priced at $16, the bottom of the expected $16 to $18 a share range, according to IPO investment firm Renaissance Capital.
Conversant beats expectations in Q4
By Staff Report / Tuesday, February 11th, 2014 / Earnings, Technology, Tri-County Public Companies / Comments Off on Conversant beats expectations in Q4
Shares of Westlake Village-based Conversant gained sharply in after-hours trading on Feb. 11 as the company delivered profits that beat Wall Street’s expectations and announced big changes designed to lead to growth.
Solar pioneer Bill Yerkes dies
By Staff Report / Monday, February 10th, 2014 / Latest news, Technology / Comments Off on Solar pioneer Bill Yerkes dies
John W. “Bill” Yerkes, a Stanford-trained engineer who for decades championed the cause of solar cells for commercial use and was known as the “father of the solar industry,” has died in Santa Barbara.