Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Too Faced Sells Again: $1.45B

Too Faced Cosmetics LLC in Irvine will sell for the second time in 18 months, with a deal pegged at nearly $1 billion more than last year’s price tag.

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Hyundai Owners Get Voice Controls

Hyundai Motor America Inc. in Fountain Valley will work with Amazon.com to offer remote voice-control features on its entire 2017 lineup.

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Irvine Software Maker Raises $39M

Irvine-based business software maker Mavenlink Inc. has raised $39 million in a Series D round led by Goldman Sachs.

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Lawn Device Startup Bought

Blossom, a startup based at The Cove in University Research Park, has been acquired by Marysville, Ohio-based The Scotts Miracle-Gro Company.

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Taco Bell Unveils New Logo, Clothing Line

Irvine-based Taco Bell Corp. unveiled a series of new moves Monday: its new flagship restaurant in Las Vegas, a logo refresh, and its debut company-branded clothing.

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Exec Shuffle at REIT

Irvine-based HCP Inc. appointed Chief Financial Officer Tom Herzog chief executive and to its board of directors, and Chief Investment Officer Justin Hutchens to the president’s role, effective in January 1, 2017.

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Masimo Gets Gates Foundation Grant

Masimo Corp. received a $4.95 million grant from Bill & Melinda Gates Foundation in advance of World Pneumonia Day.

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Masimo Gets $5M From Gates Foundation

Masimo Corp. received a $4.95 million grant from Bill & Melinda Gates Foundation in advance of World Pneumonia Day.

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Cybersecurity Firm Buys in Texas

Franklin Data in Newport Beach acquired on undisclosed terms Scarab Consulting in Austin, Texas.

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Apex Parks’ Al Weber Jr. Dies

Apex Parks Group LLC Chief Executive Al Weber, Jr. died Tuesday, Nov. 8 while on vacation in the British Virgin Islands.

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Leadership Role for CSUF President

Mildred García, president of California State University-Fullerton, has been named chair-elect of the board of directors of the American Association of State Colleges and Universities for 2017.

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Montage Wants London Locale

Montage Hotels & Resorts in Irvine said it aims to add London to its location list, a U.K. trade journal said.

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Del Taco to Add 14 in Phoenix

Del Taco Restaurants Inc. in Lake Forest said two franchisees would open 14 stores in the Phoenix market.

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Microsemi Posts Record Sales

Microsemi Corp. in Aliso Viejo reported record sales in its fiscal year, and September quarter revenue and adjusted profits that narrowly topped Wall Street expectations.

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Disney Parks’ Growth Slows

The Walt Disney Co. reported lower quarterly revenue and operating income, though its Parks and Resorts segment—which includes Disneyland Resort in Anaheim—was a brighter spot than most other divisions.

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ReVision Raises $32M

ReVision Optics Inc. in Lake Forest raised $32 million in an equity round led by Johnson & Johnson Development Corp. in New Brunswick, N.J.

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Long Beach Airport FBO Sale Closes

Ross Aviation in Denver closed its purchase of the AirFlite fixed-base operator at Long Beach Airport.

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Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,172.52.

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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 2,157.79.

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Windjammer Gets Lab Gear Maker

Windjammer Capital Investors in Newport Beach acquired on undisclosed terms Advanced Instruments, LLC in Norwood, Mass.

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Midday Stock Roundup

The S&P 500 was up 0.5% in midday trading to 2,142.80.

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Solar Servicer Buys in Berkeley

MaxGen Energy Services LLC in Costa Mesa has acquired on undisclosed terms the commercial services unit of Next Phase Solar Inc. in Berkeley.

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Midday Stock Roundup

The S&P 500 was up 2% to 2,127.50.

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Masimo in $300M Patent Settlement

Masimo Corp. will receive $300 million in this fiscal quarter from Koninklijke Philips NV to end their patent disputes.

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PHG Plans New Orleans AC Hotel Fix

Pacific Hospitality Group plans to renovate its AC Hotel in New Orleans during a closure that will last six to eight months, a local news report said.