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The number of hotels sold in the first half of 2016 increased 27% but total dollar value of those sales fell 83%, a report by Atlas Hospitality Group said.
Costa Mesa-based Mocean Holding Company LLC has been acquired on undisclosed terms by SNC Technical Services in Puerto Rico.
Welocalize Inc. acquired Irvine-based Global Language Solutions on undisclosed terms.
Aliso Viejo-based OCTANe announced Monday that startups that completed its LaunchPad accelerator raised nearly $75 million in the second quarter, according to Chief Executive Bill Carpou.
Innovation Institute in La Palma will raise $150 million to invest in early-stage healthcare companies. It bought TriStar Health Partners LLC in Nashville to be the fund investment manager.
The Hotel Menage in Anaheim plans to rebrand as a Four Points by Sheraton, industry sources said.
ASICS America Corp.’s sales in the first half of its fiscal 2016 declined 17.3% compared to the same period last year, according to its parent, Japan-based Asics Corp.
Allergan Plc plans to buy ForSight Vision5 for $95 million and milestone payments.
CareTrust REIT Inc. in San Clemente invested $2.2 million in a company that’s developing a new healthcare facility CareTrust plans to own.
Walt Disney Co. in Burbank earned $2.6 billion on revenue of $14.3 billion in its most recent quarter, up from $2.5 billion on $13.1 billion for the same period last year.
Marwit Capital in Newport Beach has sold on undisclosed terms its Driftwood Dairy Inc. to Vietnam Dairy Products Corp.
Aliso Viejo-based chipmaker Microsemi Corp. has taken naming rights of the Los Angeles Rams practice facility at University of California-Irvine.
Laguna Beach-based virtual reality content maker NextVR Inc. said it has completed an $80 million round of funding, led by a syndicate of Asian technology companies.
ReShape Medical Inc. in San Clemente named Mike Mangano its president and chief executive.
Pacific Medical LLC in San Juan Capistrano was bought by Jordan Health Products in Chicago on undisclosed terms.
Incipio Group in Irvine acquired Nashville-based competitor Griffin Technology on undisclosed terms.
Autobytel Inc. in Irvine beat Wall Street expectations for revenue for its second quarter that ended June 30.
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.
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.
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.
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.
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.
Emerald Expositions LLC in San Juan Capistrano acquired the International Gift Exposition in the Smokies from M&M Gift Shows in Toledo, Ohio.
Fullerton-based Dr. Smoothie Brands has been acquired on undisclosed terms by Bevolution Group in Chicago.
Office Solutions Business Products & Services LLC in Yorba Linda acquired on undisclosed terms the business services division of Irvine-based Newport Stationers.