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Hyundai Motor America said it will pay a $17.4 million civil penalty and comply with the National Highway Traffic Safety Administration’s oversight requirements for failing to report in a timely manner a braking system defect that affected Hyundai Genesis vehicle model years 2009 to 2012.August 8, 2014 10 a.m. Share
Laguna Beach-based virtual reality content maker NextVR Inc. has struck a deal with one of the world’s largest event companies to bring “hundreds” of live concerts to fans across the globe through virtual reality.
Osterbauer Compressor Service, a distributor of heating and cooling systems in Buena Park, has been acquired on undisclosed terms by Davidson, N.C.-based environmental-systems maker Ingersoll Rand.
Irvine-based patient monitor maker Masimo Corp. today reported first-quarter results that outpaced Wall Street forecasts.
Shares of Laguna Hills-based Glaukos Corp. rose today on first-quarter results that beat expectations.
Three of four Orange County-based automakers exceeded the national sales pace for new vehicle sales in April, according to New Jersey-based market researcher Autodata Corp.
San Clemente-based Stance Inc. received $30 million in Series D funding led by Mercato Partners in Salt Lake City.
Midlothian, Texas-based Ennis Inc. said it plans to sell Alstyle Apparel LLC in Anaheim to the newly formed Alstyle Operations LLC for $76 million in cash and $12 million to cover a 60-month equipment lease.
Irvine-based Levyx Inc. closed $5.4 million in Series A funding.
Irvine-based storage products maker Western Digital Corp. reported revenue and adjusted profits in the March quarter that missed Wall Street expectations amid continued sagging PC sales.
Broadcom Ltd. has sold its Internet of Things business and related assets for $550 million to Cypress Semiconductor Corp. in San Jose
Cypress-based Mitsubishi Motors North America Inc. said the fuel economy data for its vehicles model years 2013 to 2017 sold in the U.S. is accurate and is not affected by testing irregularities its Japan-based parent revealed last week.
Allergan Plc bought Topokine Therapeutics for $85 million and certain milestone payments.
Santa Ana-based point-of-sale terminal maker ExaDigm Inc. merged on undisclosed terms with Shenzhen Xinguodu Technology Co., Ltd., a China-based maker of POS systems and electronic payments products.
Shares in Foothill Ranch-based Kaiser Aluminum Corporation close down about 1% to $86.58 and a market cap of $1.6 billion after the company reported first quarter net income of $26 million.
San Juan Capistrano-based toilet component maker Fluidmaster, Inc. acquired on undisclosed terms WISA BV, a restroom components designer and maker in the Netherlands.