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Irvine-based Lantronix Inc. named Jeffrey Benck president and chief executive.
The Orange County chapter of the Chicago-based Alzheimer’s Association has left the national group and changed its name to Alzheimer’s Orange County.
Chase Pharmaceuticals Corp. said that it has appointed Douglas Ingram, a former president of Allergan Inc., which was based in Irvine, as its chief executive.
Newport Beach-based CCL Holdings, led by hotel investor David Chang, bought the Two Bunch Palms Resort & Spa in Desert Hot Springs.
Shares of Tilly’s Inc. were down about 2% in Thursday morning trading for a market cap of $172 million after the Irvine-based apparel, footwear and accessories retailer reported results yesterday that beat Wall Street expectation on sales in the October quarter but slipped on earnings.
Shares of Pacific Sunwear of California Inc. were down in midday trading as it reported a loss for its most recent quarter.
Vanguard University in Costa Mesa will receive $2.57 million over five years from the U.S. Department of Education to “strengthen and expand educational opportunities for Hispanic and low-income students.”
Anaheim-based Credit Union of Southern California bought Fairview Employees Federal Credit Union in Costa Mesa on undisclosed terms.
University of California-Irvine will get $4.7 million in grant money to help predict the onset of Alzheimer’s disease in adults with Down syndrome.
The Irvine parent of LA Fitness has added 11 gyms in Arizona in an ongoing nationwide expansion plan, according to media reports.
Christie Digital Systems USA Inc., a Cypress-based manufacturer of high-definition movie projectors, acquired Allure Global Solutions Inc. in Atlanta on undisclosed terms.
Nekter Juice Bar Inc. said Ohana Juice LLC would open two franchised stores in the Sacramento market.
Irvine-based St. Joseph Health said today it signed a definitive agreement with Renton, Wash.-based Providence Health and Services.
Aliso Viejo-based semiconductor maker Microsemi Corp. said it had a “definitive agreement” to acquire Sunnyvale-based semiconductor maker PMC-Sierra Inc. for $2.5 billion in cash and stock.
Allergan PLC and Pfizer Inc. will merge in a deal worth about $155 billion.
REAL ESTATE: LA firm buys into Burnham-Ward project off 405
SOCO—the hip mix of furniture, fashion, design and food tenants along the San Diego (405) Freeway in Costa Mesa—has gotten a new ownership structure and a big boost in its valuation.
ECONOMY: 3.4% hike to 267,243 jobs; Disney keeps No. 1 spot
Orange County’s biggest employers grew their combined work force at the fastest rate in years.
REAL ESTATE: Portfolio now tops 12,000 residential units
Olen Properties Corp. has spent nearly $200 million to buy three out-of-state apartment complexes this month, adding to a busy year of acquisitions for the Newport Beach-based real estate owner and developer.
REAL ESTATE: Estimate on per-unit price tops $400,000
A recently built apartment complex has traded hands in what looks to be one of the priciest per-unit deals for a multifamily property in the Irvine Business Complex.
HEALTHCARE: Adds software firm on undisclosed terms
Alphaeon Corp. keeps on making deals.
STARTUPS: Seeks more VC partners; might add own fund
OCTANe’s new strategy to attract investment dollars and emerging companies to the region is showing early returns for Orange County’s vibrant startup and entrepreneurial scene.
Irvine-based Numecent received $15.5 million in Series B funding that included $4.5 million from a previous investor.
Costa Mesa-based bankruptcy law firm Weiland Golden LLP added William Lobel and Alan Friedman as partners and changed its name to Lobel Weiland Golden Friedman LLP.
St. Louis-based Shoes.com acquired socks and apparel brand Richer Poorer Inc. in San Juan Capistrano on undisclosed terms.
Some Areas Even Higher— Cameo Shores at 98%
One thing appears to remain consistent in Orange County’s dynamic luxury market: Buyers are willing to pay top dollar for the expansive homes and unique estates prevalent in the communities along the coast.