Swiss firm snags Power-One at bargain price
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Goleta Entrepreneurial Magnet hires executive director
A public-private initiative to lure more tech businesses to Goleta has hired its first executive director. The Goleta Entrepreneurial Magnet, or GEM, appointed Doug Lynch to lead the group, which is a collaboration between the city of Goleta, the Goleta Valley Chamber of Commerce and UC Santa Barbara designed to create and maintain a tech Read More →
101 One Hundred & Business Hall of Fame announced
The Business Times is pleased to announce our 2013 class of 101 One Hundred & Business Hall of Fame honorees. This annual special section published with the April 19 print edition. An evening awards reception for the honorees will be held on Tuesday, May 14 at the Four Seasons Resort The Biltmore Santa Barbara. [Buy Read More →
Power-One to be acquired by Swiss firm for $1B
Camarillo-based Power-One, a maker of inverters for solar power systems, is set to be acquired by Swiss industrial group ABB for $6.35 per share in a deal valued at about $1 billion. The deal bookends Power-One’s mid-2000s turnaround strategy. After struggling as a maker of computer power supplies, in 2006 Power-One bought an Italian inverter Read More →
The latest iteration: Westlake firm brings Silicon Valley-style expertise to area
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