Orange County Business Journal

OC BUSINESS JOURNAL DAILY NEWS

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Device Maker Names Boss

ReShape Medical Inc. in San Clemente named Mike Mangano its president and chief executive.

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Karma Sets Sales Strategy

Karma Automotive LLC in Costa Mesa said its distribution strategy for the new Revero car will include 10 independent dealers and a company-owned “brand-experience center” in Orange County.

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JWA June Traffic Up

John Wayne Airport said 929,000 passengers flew in and out of the airport in June, a 9.4% increase over the 850,000 that did so in the same period last year.

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JWA June Traffic Up

John Wayne Airport said 929,000 passengers flew in and out of the airport in June, a 9.4% increase over the 850,000 that did so in the same period last year.

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Midday Stock Roundup

The S&P 500 was up 0.8% in midday trading to 2,181.69.

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Chicago Buyer for SJC Medical Supplier

Pacific Medical LLC in San Juan Capistrano was bought by Jordan Health Products in Chicago on undisclosed terms.

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Mobile Accessories Maker Buys Again

Incipio Group in Irvine acquired Nashville-based competitor Griffin Technology on undisclosed terms.

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Autobytel Q2 Sales Up 19%

Autobytel Inc. in Irvine beat Wall Street expectations for revenue for its second quarter that ended June 30.

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Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,164.33.

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Herbert Matriarch Gives $5M to UCI

Josephine Herbert Gleis has pledged another $5 million to the Gavin Herbert Eye Institute at University of California-Irvine, bringing her total support of its efforts to $19 million since 2007.

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UCI Names Comp Sci Dean

The University of California-Irvine appointed Marios Papaefthymiou dean of the Donald Bren School of Information & Computer Sciences, effective Jan. 1.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,159.23.

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Skullcandy Touts Incipio’s Bigger Bid

Incipio LLC upped its offer to buy Skullcandy Inc. from $5.75 per share to $6.10 per share, or approximately $188.6 million, according to the Irvine-based maker of cellphone cases and other mobile device accessories.

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CSUF Names Ed School Dean

Lisa Kirtman will be the new dean of Cal State University-Fullerton’s College of Education, effective August 16.

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Most Local Car Makers Best U.S. Pace

Three out of four Orange County-based automakers exceeded the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.

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VC Investments Rebound in Q2

Venture capital investors plunked down more than $229 million for Orange County high-tech companies in the second quarter, according to a report issued Tuesday by the Irvine office of real estate brokerage JLL.

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OCTANe in Med Device Pact

Aliso Viejo-based OCTANe and the Boston-based Massachusetts Medical Device Industry Council will work together to build awareness of emerging med-tech companies for investors in Orange County and Boston.

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Midday Stock Roundup

The S&P 500 was down 1% in midday trading to 2,149.54.

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Irvine Gets Google Fiber

Irvine will become the latest U.S. market to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The Mountain View-based tech giant initially is rolling out the service only to select Irvine Co. properties, the companies said today.

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Pyott, Kiani in $13M Investment

David Pyott and Joe Kiani were part of a $13M Series A funding round for Bioniz Therapeutics Inc. in Irvine and both joined its board, with Pyott being named chairman.

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Emerald Buys Tennessee Shows

Emerald Expositions LLC in San Juan Capistrano acquired the International Gift Exposition in the Smokies from M&M Gift Shows in Toledo, Ohio.

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Pyott, Kiani Join Biopharma Company Board

Irvine-based Bioniz Therapeutics Inc. said today that it appointed David Pyott, former Chief Executive of Allergan Inc. [now Allergan PLC] as board chairman.

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Boot Barn Meets Street Targets

Boot Barn Holdings Inc. met Wall Street expectations for revenue and earnings for the quarter that ended June 25.

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Smoothie Products Maker Sold

Fullerton-based Dr. Smoothie Brands has been acquired on undisclosed terms by Bevolution Group in Chicago.

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Office Products Supplier Buys Again

Office Solutions Business Products & Services LLC in Yorba Linda acquired on undisclosed terms the business services division of Irvine-based Newport Stationers.