Teledyne taps energy sector with buyout
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FCAL to buy Riverside bank, close four branches
While announcing plans to buy an Inland Empire bank, First California Bank said Feb. 28 that it will close four branches, including one in Thousand Oaks. First California plans to pay $2 million in an all-stock deal to buy Riverside-based Premier Service Bank. The deal is still subject to regulatory and shareholder approval and is Read More →
Teledyne buys Canadian firm
Teledyne Technologies said Feb. 27 that it has purchased a Canadian firm that makes electronics products for the oil and gas industry. Teledyne, a Thousand Oaks-based conglomerate of defense and industrial brands, has been rebalancing its portfolio away from defense companies and toward commercial and industrial products as the U.S. cuts defense spending as it 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.
California Republic buys Westlake bank branch
Newport Beach-based California Republic Bank has purchased the Westlake Village branch of National Bank of California, saying it wants to use the new location as a foothold for expanding into the Ventura County market. Terms of the sale were not disclosed, but the two banks previously said the deal would include the branch and $16.2 Read More →
Yardi buys health record firm
Yardi Systems, a Goleta-based property management software firm, has acquired a company that makes electronic health record software for nursing homes and other facilities. Yardi said it bought Eagle, Idaho-based ALMSA Corp., which makes software for both electronic health records and electronic prescriptions. The companies did not disclose terms of the deal, but said ALMSA Read More →
