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The Board of Harbor Commissioners appointed Duane Kenagy interim chief executive at the Port of Long Beach to replace Jon Slangerup, who is leaving Oct. 28 to become chief executive of an aviation technology company in Canada.
Chapman University said Microsemi Corp. Chairman and Chief Executive James Peterson has been elected to its Board of Trustees.
Irvine-based smart technology provider Greenwave Systems Inc. bought Predixion Software in Aliso Viejo on undisclosed terms.
Johnson & Johnson in New Brunswick, N.J. will buy Abbott Medical Optics in Santa Ana for $4.3 billion in cash. The deal is expected to close early next year.
Aerie Pharmaceuticals Inc. plans to offer $125 million in stock next week.
Irvine-based Digital Map Products, a provider of cloud-based spatial technology, has secured more than $36 million in funding, the company said today.
Allergan Plc will buy Vitae Pharmaceuticals Inc. for about $639 million.
Former Blizzard Entertainment Inc. Creative Director Rob Pardo has started a gaming studio in Irvine that aims to build the types of interactive worlds that made his former company a pioneer in the industry.
AcuFocus Inc. in Irvine received $66 million in a funding round led by KKR & Co. LLP in New York.
Karma Automotive LLC in Costa Mesa set the price for its Revero sports car at $130,000 but it was unclear when the car would be delivered to the 80 buyers who’ve placed initial orders.
Port of Long Beach Chief Executive Jon Slangerup will resign Oct. 28 after leading the nation’s second largest port for about two years.
The $1.1 billion sale of J.D. Power and Associates, a Costa Mesa-based unit of McGraw Hill Financial Inc., to XIO Group in London is complete, the consumer data and analytics firm said today.
Netlist Inc. will sell $15 million in common stock, the Irvine-based storage equipment maker said today.
Aliso Viejo-based Smith Micro Software announced today that it’s raised $4M in funding from Unterberg Koller Capital Fund L.P. in New York, along with William Smith, the company’s founder and chief executive.
Rox Medical in San Clemente got $40 million in Series E financing led by Novartis Venture Fund and Apple Tree Partners, with participation by Versant Ventures and Domain Associates.