Goleta’s Resonant buys GVR Trade SA for $1.1 million
Resonant, a late stage Goleta development company designing small smartphone technology, announced it bought Switzerland-based GVR Trade SA on July 8 for $1.1 million in stock and cash. Resonant designs a smartphone component called a duplexer. The duplexer acts as a phone’s eyes. A set of filters inside the duplexer selects which radio frequencies to Read More →
State budget to fund more UC campus startup incubators
Startups around the state got a boost with the stroke of Gov. Jerry Brown’s pen June 27 when he signed the state’s $171 billion budget. Included was $22 million earmarked for startup incubators at all 10 UC campuses. Assemblywoman Jacqui Irwin, D-Thousand Oaks, proposed the initiative, which will give $2 million every year for three Read More →
Goleta housing developments will reduce regional shortage
Goleta is poised to help fill the region’s housing void with a series of new projects. There are more than 1,600 units in the pipeline ranging from single-family homes to affordable rentals. The Village at Los Carneros is currently under construction and will feature a mix of condos and single-family spaces totaling 465 units. The Read More →
Impact of U.K. leaving EU minimal in Tri-Counties
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Tri-county stocks fall after Britain votes to exit EU
Stock prices for many companies headquartered in the Tri-Counties fell June 24 as investors reacted to Britain’s vote to leave the European Union. Thousand Oaks-based biotech giant Amgen dropped $5.82 or 3.82 percent. Two other companies based in Thousand Oaks, Teledyne and Inphi, saw stock prices decline $5.72 or 5.66 percent and $3.44 or 10.52 Read More →
A year after Refugio oil spill, Sherpa Fire closes beaches again
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Critics want pipeline regulators to be tougher, accountable
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