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Updated: Gallegly talks about new CLU public policy center

By   /  Monday, March 4th, 2013  /  Latest news, Tri-County Economy  /  Comments Off on Updated: Gallegly talks about new CLU public policy center

Retired Congressman Elton Gallegly, R-Simi Valley, will lead a $3 million fundraising campaign for the newly established Gallegly Center for Public Service and Civic Engagement at California Lutheran University. During a telephone chat with the Business Times, Gallegly said he hopes to forge close ties between the Thousand Oaks public policy center and the nearby Read More →

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When the FTC calls: Phone on Hold founder shares story of his legal saga

By   /  Friday, March 1st, 2013  /  Features, Small Business, Technology  /  Comments Off on When the FTC calls: Phone on Hold founder shares story of his legal saga

For the past 14 months, Pete Turpel has lived a business owner’s worst nightmare. He carefully built up Phone on Hold Marketing Systems, which provides pre-recorded messages for firms to play while customers are on hold, over nearly three decades. And then last year, the Federal Trade Commission filed a lawsuit alleging that Turpel had Read More →

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CLU names new management school dean

By   /  Thursday, February 28th, 2013  /  Latest news  /  Comments Off on CLU names new management school dean

California Lutheran University said Feb. 28 that Gerhard Apfelthaler is the new dean of its School of Management, effective June 1. Apfelthaler joined the Thousand Oaks university’s faculty in 2009 and is currently the associate dean for the management school’s graduate program. He is also a professor of international business and management. In his new Read More →

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Xirrus raises $10.1M

By   /  Friday, February 22nd, 2013  /  Banking & Finance, Latest news, Technology  /  Comments Off on Xirrus raises $10.1M

Thousand Oaks-based wireless firm Xirrus has raised $10.1 million in venture capital, bringing its total operational funding to an estimated $90 million. The latest funding round was disclosed in securities filings and follows a $23.7 million round in September 2012 that was led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and Read More →

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NASA awards $120M to subsidiary of Thousand Oaks defense firm

By   /  Thursday, February 7th, 2013  /  Latest news, Technology  /  1 Comment

Thousand Oaks-based Teledyne Technologies announced today that its subsidiary, Teledyne Brown Engineering in Huntsville, Ala., has been awarded a $120.1 million contract for work with the International Space Station, or ISS. Teledyne designs and manufactures aerospace and engineered systems, electronic testing equipment and imaging systems. Teledyne Brown has provided more than 100,000 hours providing dedicated Read More →

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Teledyne tops $2B as commercial play pays off

By   /  Friday, February 1st, 2013  /  Banking & Finance, Earnings, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Teledyne tops $2B as commercial play pays off

The cloud and the ocean have helped push Teledyne Technologies past the $2 billion mark. The Thousand Oaks-based industrial and defense conglomerate said Jan. 24 that its 2012 sales hit a record-busting $2.1 billion, up more than 9 percent from $1.9 billion a year before. Net income also set a record at $161.8 million, compared Read More →

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T.O. culture chief says arts are a vital economic driver

By   /  Thursday, January 31st, 2013  /  Latest news, Tri-County Economy  /  Comments Off on T.O. culture chief says arts are a vital economic driver

Tapping the region’s economic potential means developing better relationships between businesses and arts organizations, said Barry McComb, cultural affairs director for the city of Thousand Oaks. Speaking at California Lutheran University’s kickoff for its Corporate Leaders Breakfast series, McComb said rather than looking at business and the arts sectors as separate interests, the right path Read More →