Sirigen, a UC Santa Barbara biomedical technology spinout, has been acquired by New Jersey-based Becton Dickinson and Co. The company was founded in 2003 by two students and a professor to enter UCSB’s New Venture Competition. Sirigen won the competition in May 2003. The company’s technology tapped recently discovered conductive polymers to improve what are Read More →
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Simi Valley-based Qualstar, a maker of tape-based hard-drive backups and power supplies, has laid off 13 percent of its workforce. The company said the employees were related to unprofitable technologies that it is phasing out, and the move is expected to save the company about $480,00 a year. The announcement came days after Qualstar said Read More →
Volkswagen Group of America took the wraps off a testing center in Oxnard on Aug. 20, unveiling a facility that will help the automaker meet tough new California emissions standards as it tries to expand its brands in the U.S. The 64,000-square-foot facility cost the German company $27 million, replaces an older Westlake Village location Read More →