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Santa Barbara Gets Another $100M Plus Exit, At Aurrion

socalTECH

Add another, high dollar exit for a young startup in Santa Barbara, adding to the region's growing list of successful technology exits: Aurrion. According to a 10-Q, quarterly filing from acquirer Juniper Networks on Thursday, it paid $165M for Goleta-based Aurrion, a fabless, wafer scale silicon photonic technology provider.

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IMT Acquired By Cerium Technology

socalTECH

Santa Barbara-based MEMs technology developer Innovative Micro Technology (IMT) said early this morning that it has received a majority equity financing from Cerium Technology. Cerium Technology is an investment firm focused on the Internet-of-Things (IoT) market. READ MORE>>.

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Apeel Buys ImpactVision

socalTECH

Santa Barbara-based Apeel, which is venture-backed by Viking Global Investors, Upfront Ventures, Tao Capital Partners, Rock Creek Group, as well as Oprah Winfrey and Katy Perry, has acquired ImpactVision, a developer of "hyperspectral imaging" technology used to measure data on ripeness and quality of fresh produce.

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CALIENT Acquired By Chunxing

socalTECH

Santa Barbara-based CALIENT , the developer of optical MEMs switching technology, has been acquired by Chinese company Suzhou Chunxing Precision Mechanical Co., Financial terms of the acquisition were not announced. the two said this morning. CALIENT said it will remain in Goleta. READ MORE>>.

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Senseeker Engineering Buys SE-IR Corporation

socalTECH

Santa Barbara-based Senseeker Engineering, which develops digital infrared image sensing technology, says it has acquired SE-IR Corporation, a developer of cryogenic test equipment and electronics. Financial details of the acquisition were not announced.

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Cisco Buys Santa Barbara Firm

socalTECH

San Jose-based networking giant Cisco said today that it has acquired Richards-Zeta Building Intelligence, a Santa Barbara firm which develops software used for managing building infrastructure. Financial terms of the acquisition were not disclosed. Cisco's Globalisation Centre East unit is based in Bangalore, India.

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Sonos Buys Snips For Voice Technology In $37.5M Deal

socalTECH

Santa Barbara-based Sonos said on Wednesday afternoon that it has acquired Snips , a developer of an artificial intelligence platform for enabling voice interaction with connected devices. According to Sonos, it paid approximately $37.5M for Snips, subject to purchase price adjustments and holdbacks. READ MORE>>.