Stories for September 2001

Monday, September 24

The Insider hears David Paine's advice to advertisers

Guess what? While it's hellish to fly out of LAX and many other major airports right now, frequent travelers report that at John Wayne it's never been easier. See details on page 12 David Paine, who runs OC's biggest independent PR agency, said that wit

A '70s Staple, Rainbow Sandals Are Hot Among Beach Set

Jay "Sparky" Longley stands proudly in front of a sandal wall of fame inside his San Clemente-based Rainbow Sandals Inc.

Consumer Portfolio Services Inc. has completed a $68.5 million securitization of auto loans

Irvine-based subprime auto lender Consumer Portfolio Services Inc. completed a $68.5 million sale of loans to investors last week, its first securitization since hitting hard times in 1998.

A dispatch from south of the border

You have to train your friends to help you out in life. Thus, practically everyone I know is under a mandate to deliver impressions of their dining experiences to me. Sometimes, there's a wonderful little story that emerges that I believe will enhance our

Two assessments of the future, Viewpoints

The Business Journal has been asking prominent Orange Countians to share their impressions and opinions of the terrorist attacks and the aftermath. John Moorlach and Mike Danzi responded with essays that we thought deserved to be run in their entirety. Mo

Architects are coming off a good year

A still-respectable local real estate market boosted Orange County's biggest architectural firms for the past year, yielding them respectable growth in both billings and employment.

Tragedy Scuttles Confab; Small Firms Feel Rising Health Costs

An Orange County university professor has prevailed in a patent fight against a European medical device maker.

Real Estate Deals

T & N; Tustin Investments Inc. bought a 20,381-square-foot auto retail center at 2005-2025 Tustin Ave. in Santa Ana from Frye Family Partnership for $3.3 million. David Shiokori of D & D; Capital represented T & N.; Pat Kent and Nick Coo of Faris Lee Investments r

Newport Corp. layoffs bode ill for optical gear firms, in the Technology column

Orange County optical gear startups have been hot recently, but will that continue to be the case?

Geotech firms are hit with prevailing-wage rules

Engineering firms that do soil and land inspection for public works projects have seen their labor costs spike since the state on Jan. 1 began mandating as much as a 100% wage increase for soil technicians and building inspectors on all state and federall

Voit buys La Habra site

Woodland Hills-based Voit Cos. has acquired the 22-acre Friendly Hills Medical Group site in La Habra with plans to resell a relatively new building there and redevelop the rest.

Scantron takes 110,000 square feet in the Spectrum for a new HQ

Tustin-based Scantron Corp. has signed a $13.7 million, 10-year lease for 110,000 square feet of space at 34 Parker in the Irvine Spectrum where it plans to relocate from Tustin.

FountainGlen Properties plans to break ground in the fall on two senior apartment projects

Newport Beach-based developer FountainGlen Properties LLC plans to break ground in the fall on two senior apartment projects totaling $43.4 million.

The Sept. 11 attacks could dampen real estate, in the Real Estate column

An early estimate by CoStar Group Inc. says that Lower Manhattan lost up to 12 million square feet of space as a result of the terrorist attacks on Sept. 11. While there's no tangible data on what the impact could be locally, one real estate observer cont

South OC was an office tenant's market in the second quarter

The office market in South Orange County has been lackluster at best in the first half, with rising vacancy putting downward pressure on lease rates and forcing landlords to offer more concessions to lure tenants.

Thoughts Turn to Economy, Liberties

Americans will face economic shocks and challenges to their civil liberties as the nation copes with the fallout from Sept. 11's terrorist attacks.

Engineering firms reel in power plant projects

Power-Plant Projects Buffer Engineering Firms From Downturn; No. 1 Fluor Up 10%

After the Attacks: Businesses Confront New Reality

Orange County businesses did their best to get back to normal last week. But many said what they returned to wasn't so much normality as a new reality in the wake of the Sept. 11 terrorist attacks.

An airline bailout would be bad business, an Editorial

IT LOOKS LIKE ONE OF THE FIRST CASUALTIES OF THIS "NEW KIND OF war" will be capitalism. First there were calls for a complete government takeover of airport security. If the public deems this to be a police function, or one that the private sector is no l

Thanks to a friend, in Letters

In response to the Sept. 17 Viewpoint by Nidal Ibrahim ("Coming to Our Senses"), I want Nidal to know that his greatest gift to me has always been his friendship, rather than his patriotism. While patriotism is noble and important, some of the most tellin

The tightening of border controls disrupts OC's commerce with Mexico

The San Ysidro-Tijuana border is seeing heavier-than-normal delays amid tightened security after the Sept. 11 terrorist attacks in New York and Washington, D.C.

Arab-owned businesses deal not only with the business slowdown, but backlash as well, page

Rainbow Travel's Sameer Abdelghani saw his business come to a standstill in the immediate aftermath of the Sept. 11 attacks in New York and Washington, D.C.

Architectural + Engineering Firms

Architectural + Engineering Firms

Conexant is betting on wireless to carry it after the spinoff of its Internet unit

What could be an encore to the Vienna Philharmonic's performance of Tchaikovsky's "1812 Overture"?

FCB mounts a campaign for the Boy Scouts, in the Marketing & Media column

Yard signs were posted throughout Orange County: Stop complaining. Be prepared. Think.

Fluor's split a boon to investors

Breaking up may be hard to do, as the old song says, but Fluor Corp.'s split into two public companies in December has proved sweet for investors.

Monday, September 17

Real Estate Deals

Severson Smith LLC sold two industrial buildings totaling 18,450 square feet at 30201 and 30221 Aventura in Rancho Santa Margarita to Aliso Viejo-based California Rosen LLC for $2.1 million. Mike Baker and Guy LaFerrara of Lee & Associates Irvine Spectrum

1-800-WEDDING has run out of money and closed down

A couple of years ago, online wedding referral service 1-800-WEDDING was attracting cash from venture capital firms and big Orange County names such as Dennis Morin, founder of Wonderware Corp.

Pharma Belt

Orange County has been known for some time for its medical device sector, but the area is also home to a growing cohort of pharmaceutical companies infused with a research and development ethos.

The state will open a Financial Development Corp. office in Santa Ana

The state Technology, Trade and Commerce Agency plans to open its first Orange County small business Financial Development Corp. in Santa Ana in November.

Corinthian Colleges' share-price slide is a lesson in market dynamics

Investors learned a lesson about how a fast-rising stock can come down to earth even quicker at Corinthian Colleges Inc.

The San Juan Islands are worth finding

I mentioned to a friend that I'd recently visited the San Juan Islands. She wondered if they were in the South Pacific. Another couple thought I'd been camping out in the Caribbean.

Biotech Backer

Venture capital firm Forward Ventures said it plans to funnel more than $100 million into life sciences companies, despite the weakened national economy.

Calendar

- Chris Anderson, Publisher, CEO of Orange County Register (Cable Business Journal) Check local listings for dates and times

Health-plan quality seen as improving, in the Healthcare column

The concept of "quality" in health plans has been roundly debated by managed care advocates and critics alike. Backers say quality is a measurable concept, while detractors contend it is nothing but a marketing buzzword.

Bike trails and horse sense, in Letters

Funny Rick Reiff should mention horse trails in his Sept. 3 editorial on OCTA's plan to build a system of bicycle paths in order to relieve traffic congestion. I was just in my friend Addison's neighbors' yard when I overheard...

The Insider---The Terror: OC Execs Avoid Harm, Local Papers Sell

Last week's tragedies in New York and Washington dramatized just how closely we on the West Coast are tied to the people and places nearly 3,000 miles away. It seemed everyone in OC's business community knew somebody who was transacting business in or nea

People

Ware Malcomb, Irvine, hired Elizabeth Reinbold as senior project manager. Corey Kelly and Gunnar Peters were also hired as job captains.

Los Alamitos Race Course's owner is determined to keep it a quarter-horse venue

Horseracing runs in the veins of Dr. Edward C. Allred, owner of Los Alamitos Race Course.

Last week's terrorist attacks dashed the hopes of travel firms for a better second half

Just three weeks after Orange County's tourism industry expressed cautious optimism about business for the rest of the year, last week's terrorist attacks dashed many of those hopes.

A study says hospitals' financial health declines in the past decade

A new study finds that a majority of the state's hospitals saw their financial condition deteriorate in the past decade to the point where they had negative operating margins and could close should economic conditions grow worse.

OC's manufacturing and warehouse market remained tight in the second quarter

The uncertainty of the economy and the electricity crisis affected real estate decision making in the second quarter. As a result, industrial gross activity in Orange County slowed from the highs seen in previous quarters, although the county still had mo

The long-term economic effect of last week's terrorism is uncertain

As New York's World Trade Center came tumbling down last week, so did business in Orange County.

The Action Sports Retailer show was a party despite a downturn

The surfwear industry may be feeling the pinch like everyone else, but it didn't dampen the party at the Action Sports Retailer Trade Expo at the San Diego Convention Center.

With planes grounded last week, OC firms scrambled for distribution alternatives

With the nation's airplanes grounded last week, so was business at Santa Ana contract electronics maker Express Manufacturing Inc.

Medical Device & Drug; Makers

Medical Device & Drug; Makers

Device Versa

After a period of industry contraction and consolidation, Orange County's largest biomedical employers added products and customers and grew their aggregate workforce in the past year.

Kia launches a campaign for its new minivan, in the Marketing & Media column

Irvine-based Kia Motors America Inc. hopes its latest marketing campaign for its new minivan will help make inroads with customers and boost its public image.

KOCE-TV lays plans for a local news channel

Huntington Beach-based KOCE-TV, Orange County's public television station, is trying to raise $8.5 million to go digital,a plan that involves, in part, a new live news channel for this area following the closing of the Orange County NewsChannel this month

Essex Realty Management is building its portfolio a deal at a time

Costa Mesa-based Essex Realty Management Inc. recently gained the management assignment for The Waters at Creekside, a 156,854-square-foot, nine building, garden-style office complex in Costa Mesa.

Green Genes

Companies, Investors See a Profitable Future for the Products of Genetic Research

Bisco Industries more than doubles its space

Anaheim-based Bisco Industries, a distributor of electronic components, has purchased an Anaheim building that will more than double its space.

Semiconductor sales continued to fall in July, in the Technology column

In keeping with a familiar thread in this column, I have to point out that semiconductor sales still are falling,and fast,according to the most recent report from the San Jose-based Semiconductor Industry Association.

Executive Summary

Many OC companies closed for the day Tuesday in the wake of the terrorist attacks in New York and Washington, D.C., and the subsequent suspension of air service stranded many OC businesspeople in other parts of the county and forced companies to seek alte

REDSonic hopes for a $10 million second round to fund a push into Asia

Orange County doesn't need to look to Silicon Valley for the nearest Linux software maker. There's one right here, and it's looking for $10 million.

Liquidmetal Technologies hopes to parlay its patents

Shekhar Chitnis loves to do an experiment where he drops three ball bearings into separate hollow glass tubes.

Aircraft Seal & Gasket Corp. is expanding rapidly in Brea

Aircraft Seal & Gasket Corp., a Brea company that makes silicone seals and gaskets for aircraft windows and doors, last month took new space at 505 W. Lambert Road in Brea as part of an expansion led by an upsurge in orders from aerospace companies such a

An unnamed distributor will buy a 280,000-square-foot facility under construction in Anaheim

An unnamed local distribution company has agreed to purchase a 281,500-square-foot office and warehouse building being built on the former Medtronic Inc. site in Anaheim for its headquarters.

The apartment sector remains hot in OC, in the Real Estate column

Consider apartments. Both Grubb & Ellis Co. and Marcus & Millichap Real Estate Investment Brokerage Co. have closed major apartment deals in recent weeks.

The CrossCreek Golf Club is no walk in the park, a Briefcase

18-hole, par 71 course at 43860 Glen Meadows Rd., Temecula. Opened May 1. $50 Monday through Friday, $65 Saturday and Sunday. 6,833 yards. 74.1 course rating, 142 slope rating. www.crosscreekgolfclub.com. Phone (888) 226-5944.

Monday, September 10

The L.A. Business Journal's economic outlook conference drew a crowd

When the going gets tough, the tough get anxious,so they go to an economic forecast, hoping to get a glimpse of the road ahead.

Calendar

- El Toro Planning Commission Public Hearing (El Toro Airport Commission) Santa Ana 1:30 p.m. Free (714) 834-3000

The arrival of Ford's Premier group caps OC's growth as an auto center

It's happening as you read. Ford Motor Co.'s Premier Automotive Group division is nestling hundreds of employees into its new North American headquarters just off the San Diego (I-405) Freeway in Irvine.

Edison's power plant maintenance unit is consolidating into new space in Fullerton

Edison O & M; Services, a power plant maintenance unit of Rosemead-based Edison International, is consolidating four facilities,two in Long Beach, one in San Dimas and one in Paramount,into new space in Fullerton.

R & D; absorption and availability both rose in the second quarter

Although industrial activity has cooled considerably from the robustness seen in previous years, the Orange County Research and Development Market has tightened continually since the second quarter of 2000. Net absorption in the R & D; market reached a five-

Eiki International Inc. is moving from Lake Forest to Rancho Santa Margarita

Audio-visual product maker Eiki International Inc. has started moving from Lake Forest to Rancho Santa Margarita with modest plans to grow its 50-person operation in the next year.

Intersil and Hong Kong-based Legend Holdings ink a joint deal

Intersil Corp., an Irvine developer of wireless networking chips, late last month said it had signed a pact with Hong Kong-based Legend Holdings Ltd., China's largest computer maker.

L.K. Eric Prevette is The Irvine Company's new executive vice president of resort properties

L.K. Eric Prevette, a 30-year veteran of the hospitality industry, has joined The Irvine Company as executive vice president of resort properties, reporting to Clarence Barker, group president of investment properties.

Y & R; revs its campaign for Jaguar, in the Marketing & Media column

Shop Also Touts Lincoln at U.S. Open; T & O; Finishes Senior Real Estate Work

The Talega Business Park signs its first occupant

Carpino moved his residence from the San Gabriel area to Talega on Christmas Eve of last year and in November his company, Pacific Packaging Machinery Inc., will move from Covina to become the first business to open its doors in the Talega Business Park.

Recruiting firms have been stalled by the tech slowdown

The agency, which recruits employees for local and national technology companies, has seen its own staff drop from 18 people to five,and its client list is following suit.

Executive Summary

Sicor Inc., Irvine, will sell 10 million shares in a secondary offering in which a firm affiliated with Chief Executive Carlo Salvi also will sell 10 million shares, which were trading in the low 20s late last week; with the offering, Sicor will have 110.

Venture funding in OC grew in the second quarter, but not to year-ago levels

Local venture funding bucked the national trend and ticked up in the second quarter, but the amount of money invested in Orange County companies remained far below its year-ago level.

Mead Corp. is moving some work to Garden Grove from Atlanta

Paper products maker Mead Corp. last week said it plans to expand its Mead Consumer & Office Products plant and distribution facility in Garden Grove after announcing it was shuttering a similar facility in Atlanta.

Robbins Jorgensen Christopher moves to harborfront digs, in the Real Estate column

The Orange County offices of Robbins Jorgensen Christopher have relocated from Irvine to an old waterfront fish cannery in Newport Beach. The new digs at Cannery Village make the most of the surroundings including a surfboard-shaped conference table creat

People

William Woodson joined Newport Beach's JBZ Architecture + Planning as director of educational facilities. Prior to joining JBZ, Woodson was an associate partner and director of the school for Langdon Wilson Architecture's LA office.

Bye-bye Bergen Brunswig, in the Healthcare column

Bergen Brunswig Corp., the longtime wholesale drug distributor based in Orange, has wafted into the corporate vapors. In its place is AmeriSourceBergen Corp., a company with around $36 billion in annual sales.

USBX Advisory Services opens an OC office

Santa Monica-based investment bank USBX Advisory Services LLC has opened a Costa Mesa office to tap the Orange County market for mergers and acquisitions and other investment services.

Special Report: Detroit West Automakers adding jobs in OC

Virtually every car on the freeways these days is represented in Orange County's burgeoning landscape of automakers.

Chevys has taken a wrong turn

There have been changes to the menu at all the Chevys restaurants, and they are not sitting well with me.

OC's tech layoffs may presage bigger shifts, in the Technology column

With some Orange County technology companies quietly thinning out local operations, it begs the question: is all the nipping and tucking a prelude to bigger cuts or the shuttering of operations?

Real Estate Deals

MCBC LLC sold the 12,783-square-foot industrial building at 13231 Rosecrans Ave. in Santa Fe Springs to Glen Wilson for $872,000. Chuck Wilson and Steve Calhoun of Colliers Seeley International's Anaheim office represented MCBC, and Colliers Seeley's Joel

OC AutoMakers

OC AutoMakers & Dealers;

Hospitals win a five-year reprieve from new state seismic requirements

There's nothing like the threat of a hospital closure to get lawmakers' attention.

Calvary Chapel of Laguna Beach buys an Irvine Spectrum building for its church

The Irvine Spectrum has landed a new occupant and it's not some flashy technology company moving into Orange County's tech mecca.

Nevada regulators OK a PacifiCare Medicare supplement plan

PacifiCare Life and Assurance Co., a subsidiary of Santa Ana-based PacifiCare Health Systems Inc., said last week that it will start selling its new individual health insurance plan for Medicare beneficiaries in Nevada.

Judy Rosener on El Toro, in Letters

As someone who has lived in Orange County for 42 years and has watched it grow from rural to urban, and as one who has devoted many years to protecting the environment as a former member of the California Coastal Commission, I feel the anti-El Toro airpor

Valence Semiconductor unveils its first publicly released product

But after four rounds of funding and $35 million in investments from Conexant Systems Inc., Western Digital Corp. and others, Valence Semiconductor finally has its first publicly released product,a chip designed to handle communications across global posi

Pacific Bell's plan to offer long-distance service has smaller carriers up in arms

This week, Pacific Bell Telephone Co. is expected to file a report with California's Public Utilities Commission addressing concerns raised by rivals about its bid to offer long-distance service in the state. It's the latest volley in an ongoing telecommu

The OC artist known as Shag is in with the in crowd

Josh Agle is no starving artist. Agle,better known as Shag,has built a business empire around his signature paintings of cocktail drinking swingers from the 1950s and '60s.

Edison's creditors are cool to the latest state bailout plan

Gov. Gray Davis' proposed $2.9 billion bailout plan for Southern California Edison hasn't gone over too well so far. But it may not matter.

We say our prayers, an Editorial

THE PRO-EL TORO AIRPORT SUPERVISORS ARE READY TO TRIM THE SIZE OF the project, from an airport capable of handling 28.8 million passengers a year, down to only 18.8 million. (John Wayne handles between 7 and 8 million, LAX about 67 million).

Dealers' growth downshifts

Orange County's largest auto dealers saw their rate of growth slip last year but still posted a robust 13% gain in total sales to $2.7 billion.

Full-body scanners find a market in OC

In the 1966 sci-fi film "Fantastic Voyage," scientists were shrunk to microscopic size to be injected into the president's body to save his life. Once inside, the tiny explorers got an unmatched view of the human body.

Monday, September 3

RedSonic opens an office in Singapore

Santa Ana-based RedSonic Inc., a maker of Linux software for use with embedded computing devices, said it has expanded into Asia with a Singapore office and subsidiary.

Medennium receives Canadian and European approval for its dry-eye treatment

Medennium, an Irvine medical device company, said it has received approval from Health Canada to market its SmartPlug dry eye treatment in the country. The company said it has retained distributor I-MED Pharma to handle its product in Canada.

Mendoza Dillon catalogs its Sears work, in the Marketing & Media column

Mendoza Dillon & Asociados in Newport Beach has been knee-deep in work for client Sears, Roebuck and Co.

Kansas City enlists KPMG to make its case for business relocation

Of all the regions courting California companies, Kansas City is among the most aggressive and methodic.

The Airport Area office market vacancy rate rose in the second quarter

The Greater Airport Area emerged as the leader in office construction activity in 2001, proving the continued strength of that segment in the submarket. While the Orange County office market moves into the maturation phase of the real estate cycle, and co

IN A WORD: WIRELESS---Cingular, Verizon, Nextel Add Jobs Here; Pacific Bell Still No. 1

The telecommunications industry may be in a squeeze, but some wireless players in Orange County aren't showing it.

US Labs gets $9.5 million in funding in two deals

US Labs Inc., an Irvine-based medical testing company, has received $9.5 million in venture and debt financing in two separate deals.

OC's transportation planners pedal a new scheme, an Editoria

Light Rail's Mini-Me WITH LIGHT RAIL LAUGHED OFF THE TABLE (FOR NOW), I GUESS THE ORANGE County Transportation Authority figured it needed some new comic material. So it has unveiled a plan to build a 724-mile system of bicycle paths in the county, on the

PacifiCare adds a PPO offering, in the Healthcare column

PacifiCare Health Systems Inc., the Santa Ana-based managed care company, has been identified with its core health maintenance organization products for many years. But PacifiCare, which is attempting to work its way out of a difficult stretch, is looking

Real Estate Deals

The Clifford Co. sold a 22,102-square-foot building at 8191 E. Kaiser Blvd. in Anaheim to Specialty Restaurants Corp. for $2.5 million. Louis Tomaselli and Mitch Zehner of Voit Commercial Brokerage's Anaheim Metro office represented Clifford Co., and CB R

The Register drops its out-of-OC racks and store sales

The Orange County Register plans to cut single-copy sales in areas outside of Orange County.

Federal regulators question the legality of the new state power authority

California's newest attempt to fix its ongoing energy crisis already has drawn fire from federal regulators.

Forrest Binkley & Brown joined the tech party but avoided a hangover

Newport Beach-based Forrest Binkley & Brown is finding its broad style of venture investing back in favor.

Equity Office Properties is seeking to entitle 1.16 million square feet of office space in Orange

Chicago-based Equity Office Properties Trust has cleared an initial hurdle to develop 1.16 million square feet of high-rise office space in The City/The Block area of Orange.

Qualtech Backplane is consolidating operations and adding space

Irvine circuit board maker Qualtech Backplane Inc. is nearly doubling the size of its operations in a consolidation of two facilities into one in Santa Ana.

Access360 builds its management team as it trims elsewhere

Even $82.5 million in venture funding doesn't make you immune to an economic slowdown.

WIRELESS WONDERLAND---Cell Phone Companies Upgrading Networks in OC, a Major Market

Even though many wouldn't put Los Angeles, Washington, D.C., New York and Orange County in the same category, wireless telecom service providers do.

The Insider dishes the dirt on Michelle Jordan, OC's own scandalmeister

High-profile scandals are keeping Costa Mesa-based media consultant Michelle Jordan busy. The British-born Jordan is the spokeswoman for Karin Stanford, the former Rainbow/Push Coalition official who is taking the Rev. Jesse Jackson to court over child su

People

Glenn M. Gelman & Associates, Santa Ana, appointed Lorie Still marketing director. Still was the manager of marketing communications for GoShip before joining the company.

So-called 1031 exchanges, which are tax-deferred, are picking up as property values peak

Newport Beach businessman Webb Morrow figures he's swapped real estate properties roughly 25 times in the past two decades,tax free.

New Horizons takes two floors of the Stadium Towers in Anaheim

Santa Ana computer training school New Horizons Worldwide Inc. plans to move into larger quarters in Anaheim, where it is leasing the first two floors at Stadium Towers near Edison International Field.

Job cuts loom at Asian-owned firms, in the Technology column

Just when it seemed Orange County might be safe from further layoffs, there's rumbling more could be in the offing in coming months.

Wonderware will move from the Spectrum to new space in Lake Forest

Longtime Irvine Spectrum resident Wonderware Corp. is moving its headquarters to the Allred Corporate Center in Lake Forest, real estate industry sources say.

Trammell Crow is handling the sale of a San Diego portfolio, in the Real Estate column

Trammell Crow Co.'s Irvine office has gained a significant presence in the San Diego market by scoring the marketing of a 500,000-square-foot office portfolio in that region.

Hyundai Motor Finance Co. has sold $600 million in auto-loan-backed securities

The finance arm of Fountain Valley-based Hyundai Motor America has closed a $600 million securitization of more than 45,000 U.S. automobile loans.

Chapman names a development director for its film school

Chapman University has named Sandra Estok director of development for its School of Film and Television.

Calendar

- American Retirement Crisis: Ways to Help Avoid It (Salomon Smith Barney) Laguna Hills Noon Free (949) 206-5026

TELECOMMUNICATIONS UPDATE---Service providers are feeling a squeeze, but OC is still a big market for wireless firms

As Service Providers Dig In and Wait for Revenue, Jobs Have Been Spared So Far

Best of Argus

--The Los Angeles School Board endorsed a decision to expel a sixth-grade boy from his middle school for writing an essay which contained violent gunplay. His parents say they are absolutely shocked. They had no idea he could write.

Executive Summary

Federal antitrust regulators declined to oppose AmeriSource Health Corp.'s $3.2 billion acquisition of Orange-based Bergen Brunswig Corp. and the deal was approved by shareholders of both firms, creating Valley Forge, Pa.-based AmerisourceBergen Corp., wh

California Linear Devices scores a $10.5 million first round

California Linear Devices, a Carlsbad-based designer of a new type of motor for industrial operations, has raised about $10.5 million in its first round of funding.

Bristol Park Medical Group moves into the former Caltrans office in Santa Ana

Bristol Park Medical Group has moved 170 administrative workers into a Santa Ana office building vacated by Caltrans.

Broadcom acquires two small firms

Broadcom Corp. still has an appetite for acquisitions, but it has taken to nibbling off the hors d'oeuvres tray while digesting last year's smorgasbord.

Telecommunications Firms

Telecommunications Firms