Orange County Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

$97M Army Contract to Irvine Manufacturer

A manufacturer in Irvine has won a nearly $97 million contract to supply weapon components to the U.S. Army.

By Chris Casacchia August 22, 2016 midnight   $$ Share
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Software Maker Buys Colorado Firm

Irvine-based Flatirons Solutions acquired the assets of a Colorado company that specializes in flight operations software.

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New Boss for Speedo USA

Speedo USA in Cypress promoted John Graham to role of president.

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San Clemente Firm Raises $15 million

San Clemente-based VertiFlex Inc. has raised about $15.2 million from six investors.

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OC Company Buys Las Vegas Expo

San Juan Capistrano-based Emerald Expositions LLC acquired Digital Dealer Conference & Expo from Dealer Communications in Boca Raton, Fla. on undisclosed terms.

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Wound Device Maker gets $5M

Harbor MedTech Inc. in Irvine raised $5 million in equity funding from three investors as part of an unfinished $8.5 million effort, a regulatory filing said.

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UEI to Sell Gemstar for $48M

A Hong Kong subsidiary of Santa Ana-based Universal Electronics Inc. has agreed to sell Gemstar Technology Co. Ltd. for about $48 million in cash.

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ICU $1B Buy Creates ‘Pure Play’

ICU Medical Inc. in San Clemente said it would buy New York-based Pfizer Inc.’s infusion therapy division in a cash-and-stock deal valued at $1 billion.

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Movie Equipment Maker Buys Rival

Costa Mesa-based QSC LLS has acquired on undisclosed terms Ultra-Stereo Labs Inc. in San Luis Obispo.

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Toba Backs SF Software Firm

Newport Beach-based Toba Capital took a main role in a $10 million initial funding round for a San Francisco company called Restless Bandit, a specialist in human resources software.

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Ranking Shows Automakers’ Climb

The brand value of Kia Motors Corp. and Hyundai Motor Co. is up this year, according to Interbrand’s 17th annual Best Global Brands report

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Windjammer Buys SA Manufacturer

Newport Beach-based Windjammer Capital Investors acquired on undisclosed terms Mission Critical Electronics Inc. in Santa Ana.

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FAO Schwartz Brand to Irvine Outfit

Irvine-based ThreeSixty Group Inc. acquired the FAO Schwarz brand from Toys ‘R’ Us Inc. in Wayne, N.J on undisclosed terms.

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Hyundai Up, Other Carmakers Lag

Three out of the four Orange County-based automakers fell behind the national sales pace on new-vehicle sales in September, according to New Jersey-based market researcher Autodata Corp.

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Nutrients Maker to Chicago PE Firm

Orange-based Merical Inc. has been acquired on undisclosed terms by private-equity firm Linden Capital Partners LLC in Chicago.

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Kiani Co-Leads $24M Investment

Masimo Corp. Chief Executive Joe Kiani co-led a $24 million equity investment in Stereotaxis Inc. that could be worth as much as $50 million.