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Business news: Week of Nov. 21, 2011
November 21st, 2011Brief news about north San Francisco Bay area companies: RPM Mortgage opens San Rafael branch; Speedpro Imaging-Marin starts vinyl banner recycling; Marin General Hospital Foundation raises $340,000 for Spine & Brain Institute; Calix customer Vermont Telephone Company deplys optical network terminals; Russian River Valley wineries form tasting room network Taste Route 116
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People: Week of May 9, 2011
May 9th, 2011People items submitted by North Bay businesses for publication in the Business Journal
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Calix first-quarter revenues up 48%
April 28th, 2011PETALUMA — Calix, Inc. (NYSE: CALIX), which makes products telecommunications companies to connect their customers to broadband, today reported first-quarter revenues increased 48 percent from those of a year ago, yet merger-related expenses largely kept the company earnings from being in the black.
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Calix revenues jump 21.5 percent
February 3rd, 2011PETALUMA — Calix, Inc. (NYSE:CALX) today announced revenue for the fourth quarter of 2010 was $91.7 million, an increase of 21.5 percent compared to $75.5 million for the third quarter of 2010, and an increase of 3.8 percent compared to $88.4 million for the fourth quarter of 2009.
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Top 10 Stories of 2010: Despite economy, tech, tourism show promise
January 3rd, 2011It’s not even a close call on the top story of 2010. It was the economy — the persistent 10 percent unemployment, public fiscal crises and struggling real estate markets — that weighed on the North Bay.
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Calix to purchase Occam Networks for $171 million
September 16th, 2010PETALUMA — Calix Inc. (NYSE: CALX) today said it is acquiring Santa Barbara-based telecommunications products developer Occam Networks Inc. (Nasdaq: OCNW) in a cash and stock deal valued at $171 million, or $7.75 a share of Occam stock.
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Calix leveraging stimulus funds
July 12th, 2010PETALUMA – Calix (NYSE: CALX) raised close to $200 million to leverage stimulus grants of $7.2 billion to rural carriers. Now the first round of grantees has chosen vendors, and some analysts say the Petaluma telecom access equipment maker’s strategy is already paying off.
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Calix shares advance on IPO
March 24th, 2010PETALUMA — Shares of telecommunications systems developer Calix Inc. started trading on the New York Stock Exchange, raising $82.3 million at the initial price of $13 a share. Share prices ranged between $15 and $16.50 throughout today’s session, with a closing price of $15.10 a share, a 16 percent increase from the initial price.
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2009 year of economy, energy
January 4th, 2010It was a year dominated by a struggling economy that touched virtually everyone.
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2010 Trends: Tech enters year with momentum
January 4th, 2010NORTH BAY – Economic woes will continue to flatten profits and impact staff in the high-tech and biotech sectors, but investors haven’t deserted the North Bay.
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Calix files for IPO to raise $100 million
November 24th, 2009PETALUMA — Telecom equipment maker Calix plans to sell up to $100 million in stock in an initial public offering in 2010.
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Telecom Calix raises $100 million
August 31st, 2009PETALUMA – Local telecom equipment maker Calix has raised an unprecedented $100 million in debt and venture capital to fund expansion and pursue federal stimulus money, the company announced today.
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Commercial Real Estate: A telecom original, Calix, casts around North Bay for space
September 29th, 2008Calix, among the group of startups that helped put Telecom Valley on the world map, has been putting out feelers in Rohnert Park and more seriously in Novato for relocation of the company. … More financial services firms are lined up to relocate to the Napa Square office and retail development under construction at First and Franklin streets in downtown Napa early next year. … Some tenants in the Safeway grocery-anchored Lakewood Village Shopping Center, one of two neighborhood centers totaling about 250,000 square feet in Windsor under common ownership, are worried that they are being priced out to make way for a makeover as an upscale lifestyle center, similar to what has been happening at a number of other North Bay properties.
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