Trending Sources

Report: Oxnard-Thousand Oaks-Ventura Among Top Spots For CEOs

socalTECH

The Oxnard-Thousand Oaks-Ventura metro area has made a list of the top areas where CEOs live , published in this week''s Wall Street Journal. executives ceos jobs employment ventura oxnard oaks thousand READ MORE>>.

Amgen Chops Staff In Thousand Oaks

socalTECH

Thousand Oaks-based Amgen said Wednesday afternoon that it is cutting 380 jobs from the firm, as part of a corporate restructuring. The firm said it is cutting 226 people in its Thousand Oaks headquarters. amgen thousand oaks jobs employment employer layoffREAD MORE>>.

Uber Used In Drug Deal In Thousand Oaks

socalTECH

The Ventura County Sheriff''s department reported this morning that it arrested two suspects in Thousand Oaks, who were using Uber to help conduct deals. uber drug deal thousand oaks ventura county crime criminal mobile Apparently, they had been using Uber to drive them to a drug deal. READ MORE>>.

HARDATA Sets Up Shop In Thousand Oaks

socalTECH

HARDATA , a developer of workflow management software for the broadcast and entertainment industry, has set up shop in Thousand Oaks, and hired a new President and CEO. The Argentina-based software developer said it has named Philip B. Cox as President and CEO, and opened up its world headquarters in the United States. and 360 Systems.

California Lutheran University Names Executive- and Entrepreneur-In-Residence

socalTECH

Thousand Oaks-based California Lutheran University and its School of Management said on Monday that it has named both an Executive-In-Residence and Entrepreneur-In-Residence to the school. Custodio is an alumnus of Cal Lutheran; Cathcart is the author of "Relationship Selling: The Key to Getting and Keeping Customers" and other titles.

Amgen Founding CEO George Rathmann Dies

socalTECH

George Rathmann , the founding CEO of Thousand Oaks biotech giant Amgen , has died, the company announced late Monday evening.

Servoy Releases Update

socalTECH

Thousand Oaks-based Servoy , a developer of software for creating web-based applications, said Friday that the firm has upgraded its products. Tags: servoy thousand oaks software saas The firm said the latest update, version 4.1, includes over 350 enhancements and fixes.

Ceres Delays IPO

socalTECH

Thousand Oaks-based Ceres has delayed its IPO, after lowering its IPO pricing estimates this week. READ MORE>>.

Teledyne Lands Defense Contract

socalTECH

Thousand Oaks-based Teledyne Technologies said Thursday that it has scored a major, marine defense electronics contract, as part of a U.S. Navy submarine program. Teledyne did not say how much the contract was worth. The contract covers materials and engineering support for electrical and fiber optic interconnect assembly hardware.

Amgen Leads Investment In SiteOne Therapeutics

socalTECH

Thousand Oaks-based Amgen is the lead investor in a round for San Francisco- and Bozeman, Montana-based SiteOne Therapeutics , SiteOne said on Friday. SiteOne said it raised $15M in a Series B funding round, which was led b Amgen, and also included Next Frontier Capital and insiders. READ MORE>>.

Amgen to Acquire Micromet For $1.16B

socalTECH

Thousand Oaks-based Amgen announced today that it is acquiring Micromet , a biopharmaceuticals firm based in Germany and Rockville, Maryland, in a deal worth $1.16 billion. READ MORE>>. amgen micromet merger acquisition oncology lifescience drug biopharmaceuticals biopharma

Amgen Re-Ups Investment In Sutro Biopharma

socalTECH

Amgen has been an investor in Sutro since at least 2010. Sutro is based in South San Francisco. READ MORE>>.

Teledyne Buys Bowtech For Underwater Cameras

socalTECH

Thousand Oaks-based Teledyne said Monday that it has acquired Bowtech Products Limited , an Aberdeen, Scotland maker of underwater vision systems. Financial terms of the buy were not disclosed. Bowtech''s cameras are used in remotely operated vehicles (ROVs) and other harsh underwater systems, and was founded in 1989. READ MORE>>.

Move Buys SocialBios

socalTECH

Move is based in Campbell, California, with operations in Thousand Oaks. Online real estate site Move said this morning it has acquired SocialBios , a developer of an online business referral and social search startup. Financial terms of the acquisition were not disclosed. Socialbios is based in Denver. READ MORE>>.

Amgen Donates $1M For Japanese Disaster Relief

socalTECH

Thousand Oaks-based biotech giant Amgen said late Monday that it is donating $1M to the Japanese disaster relief efforts. Amgen said the funds will go to Direct Relief International and the International Medical Corps. The funds come both from Amgen and the Amgen Foundation. READ MORE>>.

Amgen Backs Alector For Alzheimer's Treatment

socalTECH

Thousand Oaks-based biotech giant Amgen is the a new investor in a round for Alector , a developer of immuno-modulatory therapies for Alzheimer's disease and other neurogenerative disorders, which announced a $29.5M funding today. READ MORE>>.

Amgen Re-Ups On miRagen

socalTECH

and Broadview Ventures. miRagen is based in Boulder, Colorado. READ MORE>>. amgen capita venture biopharmaceuticals biopharma therapeutics miragen

ImmunGene Raises $9M

socalTECH

Thousand Oaks-based ImmunGene , a startup biotech company developing antibody-based, protein therapeutics for treating cancer, said today that it has raised $9M in a Series A funding, to advance its early stage development products. According to the company, the funding came from Ally Bridge Group. The startup is led by Sanjay D.

Amgen Gives Teachers $10,000 For Teaching Excellence

socalTECH

Thousand Oaks-based Amgen said today that it has awarded 34 science teachers with $10,000 each, in its 19th annual Amgen Award for Science Teaching Excellence. The firm awards the grants each year for "extraordinary" science teachers throughout the United States, Canada, and Puerto Rico. READ MORE>>.

Xirrus Gets Win In Florida

socalTECH

Thousand Oaks-based Xirrus , the developer of Wi-Fi equipment, continues to rack up education wins, saying today that it has added the New College of Florida as a customer. The firm did not detail the financial aspects of the win. READ MORE>>. xirrus wifi wireless hardware education school florida

Teledyne Buys Stake In Optech

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it has acquired a minority stake in Optech , a developer of three dimensional, lidar-based imaging systems. Financial details of the acquisition were not disclosed. Teledyne said the investment was made through its subsidiary, Teledyne DALSA. READ MORE>>.

Move, AOL Expand Real Estate Relationship

socalTECH

Move, which has major operations in Thousand Oaks, said the expanded relationship will expand reach and visibility to AOL's monthly visitors. Move, Inc. , the Campbell-based operator of Realtor.com and Move.com, said Thursday along with AOL that Move has been given the exclusive rights to power AOL's Real Estate homes for sale search.

Sales 30

Eka Technologies Launches Geo-Tagging Products

socalTECH

The firm is targeting both amateurs and GIS professionals with the products. READ MORE>>.

Ceres Files For IPO

socalTECH

Thousand Oaks-based Ceres , the developer of seeds aimed at producing renewable, biomass feedstocks for the biofuels industry, has filed for an IPO.

Amgen's Kevin Sharer Joins Healthcare Venture Capital Firm

socalTECH

It might be, on news that Kevin Sharer , the former CEO of Thousand Oaks-based Amgen , has joined venture capital investment firm Foundation Medical Partners. Is Amgen the next source of the healthcare industry's venture capital deals? READ MORE>>. amgen kevin sharer venture capital investment biotech lifescience medical healthcare

Amgen Buys Turkish Pharmaceutical Company

socalTECH

Thousand Oaks-based Amgen said this morning that it has acquired Turkish pharmaceuticals firm Mustafa Nevzat Pharmaceuticals. Amgen said the deal is worth $700M in cash. Amgen said the acquisition will help to significantly expand its presence in Turkey. READ MORE>>.

Teledyne Bumps Stake In Optech

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it has increased its stake in Optech Incorporated , from 19 percent to 51 percent of the company. Financial terms of the deal were not announced. The transaction came from Teledyne's subsidiary, Teledyne DALSA, Inc. READ MORE>>.

Xirrus Adds Calix CEO Russo To Board

socalTECH

Thousand Oaks-based Xirrus , the developer of wireless networking equipment headed by Dirk Gates, has snagged the CEO of networking equipment maker Calix for its board. Xirrus said it has added Carl Russo, President and CEO of Calix, to the position. READ MORE>>. xirrus calix executive networking equipment wifi wireless

Amgen Backs Therapeutic Antibody Firm

socalTECH

Thousand Oaks-based biotech giant Amgen has backed a developer of therapeutic antibodies, via its venture capital arm, Amgen Ventures. According to Seattle-based Theraclone Sciences , Amgen Ventures was one of the investors in a $10.6M, Series B extension round for the company. READ MORE>>.

Xirrus Launches Chassis-based Wireless Switch

socalTECH

Thousand Oaks-based Xirrus is expanding its product line today, saying that it has launched a new, chassis based modular wireless switch. The firm said the platform allows users to upgrade radios to higher speeds, scale out radios as needed, supporting up to 32 radios in the entire platform. READ MORE>>.

Xirrus Names New Marketing Head

socalTECH

Thousand Oaks-based Xirrus , the developer of wireless networking equipment, said today that it has named Steven Wastie as its Chief Marketing Officer. Wastie has previously served in similar roles at iPass, Juniper Networks, Inktomi, Netscaape, and At&T Online Services. READ MORE>>.

Nexsan Pulls IPO

socalTECH

Nexsan, which had filed for an IPO in April of 2008, cited "unfavorable market conditions" for the withdrawal. READ MORE>>.

Ceres Closes IPO

socalTECH

The firm said its underwriters exercise their full option to purchase an additional 750,000 shares of common stock from the company as part of the IPO.

Ceres Prices IPO

socalTECH

The firm will start trading today on the NASDAQ Global Market as CERE. The IPO was underwritten by Goldman, Sachs & CO., READ MORE>>.

Teledyne Buys Majority Stake In Nova Sensors

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it has acquired a majority interest in Solvang-based Nova Sensors. Financial terms of the deal were not disclosed. Nova Research designs camera electronics, infrared camera systems, and integrated circuits. READ MORE>>.

Amgen Gives $1.8M To Teach For America

socalTECH

Thousand Oaks-based Amgen , via its nonprofit foundation, the Amgen Foundation, said Friday that it is giving $1.8M to the Teach For America effort. According to the two, the funding will go towards increasing the number of math and science graduates who are joining Teach For America's teaching corps by 2013. READ MORE>>.

Teledyne Wins Air Force Contract

socalTECH

Thousand Oaks-based Teledyne Technologies has won a contract from the United States Air Force, for laser eye protection spectacles, initially worth $7.7M, with the potential to be worth as much as $20.4M. The win was made through its Teledyne Scientific and Imaging subsidiary, which has its operations in Thousand Oaks and Camarillo.

Ceres In Alfalfa Breeding Effort

socalTECH

Thousand Oaks-based agricultural biotechnology developer Ceres announced this morning that it has entered into a multi-year agreement with Forage Genetics International , to develop and commercialize an improved version of alfalfa. Financial details of the deal were not disclosed. READ MORE>>.

Amgen Completes Mustafa Nevzat Pharmaceuticals Acquisition

socalTECH

Thousand Oaks-based biopharmaceuticals firm Amgen said Tuesday afternoon that it has completed its acquisition of Turkish biopharma Mustafa Nevzat Pharmaceuticals. The acquisition, which had originally been announced on April 25th, was worth $700M in cash. READ MORE>>.

NantWorks Inks Licensing Deal With Amgen

socalTECH

Los Angeles-based NantPharma , one of the companies that is part of Patrick Soon-Shiong's NantWorks companies, said this morning that it has entered into a license agreement with Thousand Oaks-based Amgen. Financial details of the deal were not disclosed. The license is the second between NantWorks and Amgen READ MORE>>.