Energy storage firm puts another $100M in venture capital in its vault
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Hair care company with UCSB roots plans IPO
Olaplex, a hair care products company founded in Santa Barbara using technology developed by UCSB chemists, is planning an initial public stock offering. The company filed a prospectus with the U.S. Securities and Exchange Commission on Aug. 27, but the filing gave no details on the price of the shares, the number of shares to Read More →
Our View: Heidi Harmon changed the game as mayor of SLO
When Heidi Harmon narrowly won election as mayor of San Luis Obispo back in 2016, she vowed to shake up the status quo. And that’s what the former Bernie Sanders convention delegate did when she won by a handful of votes. During the next five years, she pressed the no-growth crowd for more housing, including Read More →
SLO’s iFixit takes on big tech over the right to repair your devices
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Semtech shares up after strong earnings report
Semtech Corp., a Camarillo semiconductor company specializing in Internet of Things applications, saw shares up more than 5% after the markets closed Sept. 1 after the company shared a record-breaking financial statement for the second quarter of fiscal year 2021-22. Semtech delivered earnings of $32.2 million, or 50 cents per share, for the second quarter Read More →
QAD reports loss as $2B acquisition nears
QAD, a Santa Barbara-based cloud software company for the manufacturing industry, saw its revenue and expenses rise in the second quarter of 2021 as the company prepares to be bought out by a San Francisco-based private equity firm. QAD lost $6.3 million, or 31 cents per share, in the quarter ended July 31, the company Read More →
Teledyne Chairman Mehrabian will step back into CEO’s office
Teledyne Technologies Chairman Robert Mehrabian, who spent two decades as the company’s CEO, will step back into that post when Teledyne’s current CEO, Al Pichelli, retires on Oct. 15. Mehrabian is Pichelli’s predecessor as well as his successor — Pichelli took over as CEO on Jan. 1, 2019 when Mehrabian stepped down. Mehrabian was president Read More →
