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By Stephen Nellis / Monday, October 25th, 2010 / Latest news, Technology / Comments Off on UTC to buy rest of Clipper
United Technologies Corp., a multinational firm that owns nearly half of Carpinteria-based Clipper Windpower, has reached an agreement with Clipper to buy the rest of the turbine maker. UTC acquired 49.5 percent of Clipper in December in a deal that gave it the right to boost its stake to 55 percent in 2012 — or Read More →
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By Stephen Nellis / Monday, October 18th, 2010 / Nonprofits, Technology, Top Stories / Comments Off on Profitable merger for Noza
Noza, a Santa Barbara firm offering data to help nonprofit fundraisers, has been acquired by a South Carolina company that’s profiting handsomely from the nonprofit sector. Noza created technology that searches the Web for public information about the money that people and companies have given to charities. Fundraisers at charities and nonprofits can use that Read More →
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By Stephen Nellis / Monday, October 11th, 2010 / Technology, Top Stories / Comments Off on UTC takeover looms for Clipper Windpower
After rocky sales timing put Clipper Windpower in a cash crunch, its largest investor is in position to take control of the Carpinteria company just as its long-term prospects brighten. In December, multinational conglomerate United Technologies Corp. acquired a 49.5 percent stake in Clipper in a transaction that pumped $206 million in new capital into the Read More →
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By Staff Report / Friday, October 8th, 2010 / Latest news, Technology / Comments Off on Sale of Veeco’s Goleta unit closes
The sale of Veeco Instruments’ metrology business, which includes its facility in Goleta, closed on Oct. 8, the company announced. Massachusetts-based Bruker Corp. now owns the metrology unit, which includes offices in Goleta and Tuscon, Ariz., and will combine it with its Bruker Nano division. The company paid $229.4 million in cash in the deal, Read More →
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By Staff Report / Monday, September 27th, 2010 / Latest news / Comments Off on Level Studios acquired by bigger firm
Level Studios, the biggest all-digital marketing firm in the Tri-Counties and a major tech employer with 140 people in San Luis Obispo, has been acquired by a New Jersey firm. The acquisition by Princeton, N.J.-based Rosetta will put Level Studios — which works with clients as large as BlackBerry maker Research in Motion and as Read More →
