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Amgen Chops Staff In Thousand Oaks

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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 layoffThe firm said most of the positions are in its research and development division, and that it is notifying its employees today. READ MORE>>.

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

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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 The report--ranking the percentage of residents identified as CEOs--said 1.21% of residents in the metro workforce were CEOs.

Atara Biotherapeutics Leases New Space In Thousand Oaks

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Thousand Oaks-based Atara Biotherapeutics , which is developing treatments for patients with cancer, autoimmune and infectious disease, has leased a 90,000 square foot building in the Conejo Spectrum, according to developer SARES-REGIS Group. atara biotherapeutics biopharmaceuticals expansion growth thousand oaks ventura county

Uber Used In Drug Deal In Thousand Oaks

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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. According to the Sheriff''s Department, Cody Jens (24) of Agoura Hills, and Luke Karasiuk (22) of Thousand Oaks were arrested after local police made a vehicle code enforcement stop on an Uber driver on Wednesday morning. uber drug deal thousand oaks ventura county crime criminal mobile

HARDATA Sets Up Shop In Thousand Oaks

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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. Cox has previously served at such firms as CalAmp, Signal Technology COrp. M/A/Com, Inc., and 360 Systems.

Teledyne Buys Machine Vision Developer e2v For $789M

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Thousand Oaks-based Teledyne Technologies announced early this morning that it has acquired English machine vision and image sensor technology developer e2v technologies plc. The deal is worth approximately $789M. Teledyne said that e2v had asles of 236 million pounds for the year ended March 31, 2016.

Amgen Founding CEO George Rathmann Dies

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George Rathmann , the founding CEO of Thousand Oaks biotech giant Amgen , has died, the company announced late Monday evening. Rathmann served as founding CEO of Amgen from 1980 to 1988, and was Chairman of the company until 1990.

Amgen Invests $30M In Immatics, Up To $1 Billion In Future Payments

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Thousand Oaks-based Amgen announced this morning that it has made a $30M investment in a German company developing cancer immunotherapy, Immatics Biotechnologies GmbH. According to Amgen, the deal could potentially be worth over $1 billion in milestone payments plus royalties.

Ceres Delays IPO

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Thousand Oaks-based Ceres has delayed its IPO, after lowering its IPO pricing estimates this week. According to industry reports , Ceres is delaying the offering until next week. Ceres had initially planned to price its IPO on Thursday. READ MORE>>.

Servoy Releases Update

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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 its product allows companies to build software applications that run both through a browser and through native desktop applications. The firm said the latest update, version 4.1, includes over 350 enhancements and fixes.

Teledyne Lands Defense Contract

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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. Teledyne said the win came via its Teledyne Oil & Gas group, and was awarded a contract by General Dynamics Electric Boat of Groton, Connecticut. The contract covers materials and engineering support for electrical and fiber optic interconnect assembly hardware.

Amgen Leads Investment In SiteOne Therapeutics

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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. SiteOne is developing no-opioid analgesics, aimed at treating chronic pain without causing addiction. READ MORE>>.

Amgen to Acquire Micromet For $1.16B

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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. Amgen said it will pay $11 per share in cash for Micromet, which is developing treatments for acute lymphoblastic leukemia (ALL), non-Hodgkin's lymphoma (NHL), and other conditions. READ MORE>>. amgen micromet merger acquisition oncology lifescience drug biopharmaceuticals biopharma

Amgen Re-Ups Investment In Sutro Biopharma

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The venture capital arm of Thousand Oaks-based Amgen has placed more funding into one of its portfolio companies, Sutro Biopharma , which is working on developing a scalable biochemical protein synthesis platform aimed at cancer therapeutics.

Teledyne Buys Bowtech For Underwater Cameras

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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. Teledyne said the buy helps fill a product gap in its marine technology portfolio. READ MORE>>.

Move Buys SocialBios

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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 allows companies and individuals to create interactive "About" pages, which integrate Facebook, LinkedIn, Twitter, Facebook, and other sites.

Amgen Donates $1M For Japanese Disaster Relief

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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. The firm said it has longtime links to Japanese companies, and particularly its partnerships with Kirin Holding, Kyowa Hakko Kirin, Takeda Pharmaceuticals, and Daiichi Sankyo. READ MORE>>.

Amgen Backs Alector For Alzheimer's Treatment

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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.

Amgen Re-Ups On miRagen

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Amgen Ventures , the venture capital arm of Thousand Oaks-based Amgen , has re-upped on an investment in a biopharmaceuticals developing microRNA-based treatments for cardiovascular and muscle disease.

ImmunGene Raises $9M

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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. Khare, PhD, and includes a team from Amgen, Baxter, Genentech and Seattle Genetics.

Amgen Gives Teachers $10,000 For Teaching Excellence

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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. The firm said it has now given away more than $3M through the program. Amgen received more than 360 applications this year for the awards. READ MORE>>.

Xirrus Gets Win In Florida

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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. Xirrus develops high capacity, switching Wi-Fi hotspots which are particularly well suited to the densities of colleges and universities. READ MORE>>. xirrus wifi wireless hardware education school florida

Teledyne Buys Stake In Optech

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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. Optech is based in Vaughan, Ontario. Its systems are used in airborne terrestrial mapping and space exploration. READ MORE>>.

Move, AOL Expand Real Estate Relationship

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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.

Eka Technologies Launches Geo-Tagging Products

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Thousand Oaks-based Eka Technologies said today that it has launched a line of products which provide geo-tagging of photos for Nikon, Canon, Sony, Panasonic, Ricoh, and other digital cameras.

Ceres Files For IPO

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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

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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? According to CT-based Foundation Medical Partners, Sharer has joined the company as a Partner, and will help assess and manage investments in the connected health and healthcare IT sectors.

Amgen Buys Turkish Pharmaceutical Company

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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. Mustafa Nevzat is a major supplier of pharmaceuticals to hospitals in Turkey, with revenues of approximately $200M in 2011. READ MORE>>. lifescience biotech pharmaceutical nevzat mustafa acquisition merger turkey amgen

Teledyne Bumps Stake In Optech

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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. Optech is an Ontario, Canada-based developer of laser-based survey and digital imaging instrumentation products, with 285 employees. Teledyne originally purchased a stake in Optech in March of last year.

Xirrus Adds Calix CEO Russo To Board

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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.

Amgen Backs Therapeutic Antibody Firm

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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. Theraclone is developing therapeutic antibodies for treating infectious disease and cancer.

Xirrus Launches Chassis-based Wireless Switch

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Thousand Oaks-based Xirrus is expanding its product line today, saying that it has launched a new, chassis based modular wireless switch. The firm, which develops switched WiFi hardware which is particularly useful in dense environments or where users need better bandwidth and performance, said its new XR-Series Wireless Arrays allow users to add modules to grow their wireless networks over time.

Xirrus Names New Marketing Head

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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. Xirrus said Wastie will be responsible for the firm's global marketing and product management activities.

Nexsan Pulls IPO

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Thousand Oaks-based storage systems developer Nexsan has officially pulled its IPO plans, saying in a regulatory filing today with the SEC that it has decided to withdraw its IPO registration.

Ceres Closes IPO

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Thousand Oaks-based Ceres , the developer of seed stock for energy crops, said today that it has closed its IPO, selling a total of 5,750,000 shares of its common stock at $13.00

Ceres Prices IPO

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Thousand Oaks-based Ceres , the developer of specialized seeds for the biofuels market, has priced its IPO, saying that it will offer up 5,000,000 shares of its common stock at $13.00

Teledyne Buys Majority Stake In Nova Sensors

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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. Teledyne said the move would bolster its involvement in infrared imaging systems for the commercial and tactical military market.

Amgen Gives $1.8M To Teach For America

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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. Teach For America helps advance math and science in America's underserved public schools.

Teledyne Wins Air Force Contract

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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

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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. Ceres said it will work together with FGI on evaluating and commercializing alfalfa varieties as soon as next year. Financial details of the deal were not disclosed.