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The parent of Irvine-based Advantage Sales & Marketing is looking into a sale of the company in a deal that could approach $4 billion, according to a Reuters report.
Aliso Viejo-based medical device maker Sequent Medical Inc. has raised $20 million in venture capital funding.
Costa Mesa-based Pacific Mercantile Bancorp has named Robert Stevens chief credit officer of the company and its Pacific Mercantile Bank subsidiary.
ECONOMY: Continues to ease off all-time high notched last year
Orange County business owners and executives enter the second quarter with a virtually unchanged outlook on the economy, according to the latest quarterly index of business expectations published by the Mihaylo College of Business and Economics at California State University-Fullerton.
Irvine-based Opus Bank has announced specifics of its plans for an initial public offering, which will include about 5.7 million shares of common stock priced between $31 and $34.
Laguna Hills-based private equity firm Parallax Capital Partners LLC has joined another investor in acquiring DivX LLC in San Diego.
San Juan Capistrano-based network camera manufacturer IQinVision has agreed to merge with Vicon Industries Inc. in Edgewood, N.Y. in an all-stock transaction.
Irvine-based American Restaurant Holdings Inc., an investor in restaurants and food manufacturing companies, has acquired Canyon Fireside Grille on undisclosed terms.
$2B Deal on Heals of Google Hookup With Oakley
Orange County gave Silicon Valley and the rest of the world plenty to talk about in a 24-hour burst last week.
REAL ESTATE: Homebuilder raises $345 million with land sales
City Ventures Inc. has shown that there are other ways to raise money, even as some fellow Orange County-based homebuilders have opted to join a recent trend of initial public offerings.
Facebook Inc.’s eye-popping $2 billion acquisition of Irvine startup Oculus VR Inc. is a long-term bet on the future of computing, Mark Zuckerberg told analysts last week.
From Recapitalization to $4B in Assets, Eye on More
Stephen Gordon was unabashedly proud of the company he kept at the Business Journal’s 13th Annual Excellence in Entrepreneurship Awards.
Irvine-based Axonics Modulation Technologies Inc. completed a $32.5 million first round of financing.
The Defense Advanced Research Projects Agency in Arlington, Va., awarded Boeing Co.’s operations in Huntington Beach a $30.7 million contract to support development of a system to use aircraft for satellite launches at a cost savings compared to rocket-fueled launches.
The owners of Costa Mesa-based El Pollo Loco Holdings Inc. are looking to take the company public, according to a report from the Wall Street Journal.
Costa Mesa-based Pacific Mercantile Bancorp has named former Silicon Valley Bank executive Tom Wagner as manager of the northern division of its Pacific Mercantile Bank subsidiary.
A company in the portfolio of Newport Beach-based entrepreneurs Victor and Janie Tsao remained slightly above its initial price of $15 per share today, with a market value of about $156 million.
FINANCE: Looks to link mass market, money managers
Walter Cruttenden, an investment banking pioneer in Orange County, has secured $5.5 million in funding from a Wall Street fund manager to bring his latest business venture to market.
HEALTHCARE: Sees benefit in Illinois company’s size
An Irvine design and engineering firm that develops products for medical device and biotech companies has been sold to a larger competitor.
HEALTHCARE: Lombard’s US operations in Irvine
A British medical device maker that has its U.S. headquarters in Irvine is seeking its fortune in the U.S.
TECHNOLOGY: Rugged run wiped out 45% of market value
Three straight disappointing quarters for Acacia Research Corp. has zapped 45% of the company’s market value, leaving it at $789 million as of late last week, but executives say they’re confident it will bounce back through pending patent lawsuits.
Irvine startup Bitvore Corp., which mines information from email, social media and websites for business customers, closed a $4.5 million inaugural fundraising round.
Members of the Orange County business community celebrated five winners of the Business Journal’s 13th Annual Excellence in Entrepreneurship Awards last week.
Irvine-based Motorcycle Industry Council hired Erik Pritchard as its general counsel. The appointment was effective immediately and fills a spot left open by the departure of Paul Vitrano, who recently joined snowmobile and ATV maker Polaris Industries as vice president for global government relations.