Level to break ground on new HQ
Level Studios, a San Luis Obispo-based digital marketing and branding firm, said it plans to break ground Feb. 3 on a new 46,000-square-foot, two-story building on the Central Coast that will house up to 300 employees in the next two years. The new facility will be built in the East Airport Commerce Park in San Read More →
Inphi taps new CEO after profits fall 93%
Inphi Corp., the Santa Clara-based chip firm with a large engineering force in Thousand Oaks, ousted its CEO on Feb. 1 as it announced that profits plummeted by 93 percent in 2011. Inphi designs chips aimed at packing more memory into Internet servers and increasing bandwidth in the Internet backbone. The company announced that Ford Read More →
InTouch scores $6M investment
Goleta-based InTouch Health, a telemedicine robot maker, has received an investment of $6 million from iRobot. InTouch’s telemedicine robots allow doctors to examine patients and prescribe drugs remotely. The company, which has signaled that it intends to go public, received its last round of funding in a $10 million private placement in 2010. In July, Read More →
A $494M bet on bandwidth: Semtech places its chips on Canadian firm
Ontario-based Gennum makes chips used by video firms for high-integrity signals.
The next dimension: TrueVision inks deal with microscope maker
TrueVision Systems has inked a deal with the world’s second-biggest maker of surgical microscopes.
Semtech to buy Canadian firm for $494M
Camarillo-based semiconductor firm Semtech plans to buy a Canadian chipmaker for $494 million. The agreement to buy Burlington, Ontario-based Gennum is Semtech’s second large acquisition since 2009, when it closed a deal to buy Irvine-based Sierra Monolithics for $180 million. The Gennum deal fits neatly into the strategic plan put in place by Semtech’s leadership Read More →
