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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
Allergan PLC, which has its eye drug hub in Irvine, said today that it is buying Aliso Viejo-based AqueSys Inc. for $300 million up front, with the potential for milestone payments.
Quiksilver Inc. in Huntington Beach is holding discussions with potential buyers in an effort to avoid bankruptcy and keep its stores, Bloomberg Business reported today, citing sources close to the matter.
Three of the four Orange County-based automakers beat the national sales pace for new vehicles in August, according to New Jersey-based market researcher Autodata Corp.
‘Outdoor Living’ Leads Sports Gear Maker to Fountain Valley
A big chunk of the operations of the newly organized and renamed United Sports Brands will move into a 134,000-square-foot shop in Fountain Valley in December—just in time to remind employees who will be relocating from the Midwest of a key reason for the move.
OC-Based Public Companies Take Share of Licks, Carry On
Orange County’s diverse crop of publicly traded companies held up relatively well as worries about China’s economy whipsawed the stock market here and in other markets around the world.
Much of Play Devoted To Blizzard’s Game Fare
Irvine-based Blizzard Entertainment Inc. and Kingston Technology Inc. in Fountain Valley are at the forefront of one of the hottest trends in the technology industry that’s attracting stadium-size crowds to venues across the globe and millions of online viewers.
Players Do What They Love for Big Cash, Fame
Sean Gares is getting ready to leave his Tustin apartment to catch a 2 p.m. flight out of LAX to Germany.
18 Biggest Companies Add Just Nine Employees
Employment at the county’s largest contract electronics makers was flat over the past 12 months, despite steady sales growth in the industry worldwide.
TECHNOLOGY: NCSOFT hires 100 in Aliso Viejo
South Korea-based video gaming giant NCSOFT Corp. is pouring big money into expanding its Aliso Viejo operations in a global effort to bring a roster of popular role-playing fantasy games to the West under a new business model.
Western Digital Corp. eliminated 81 positions from its Irvine headquarters in its second round of layoffs in the past three months.
San Clemente-based ReShape Medical Inc. received a $38 million round of financing.
Frantz Settles In, Focuses On Clients, Employees
Quality Systems Inc. Chief Executive Rusty Frantz is starting to “settle into my new role here” after replacing longtime leader Steven Plochocki in July.
Designer Eschews Smart Phones for Larger Screens
DeskSite, an Irvine-based digital media company that develops app-based video entertainment portals, is thinking bigger than a smartphone with a deal it recently signed with the LA Galaxy soccer team.
Cie Digital Aims For Up To 4 Launches Per Year
Cie Digital Labs’ recent move from Long Beach to Irvine could boost OC’s developing ecosystem of incubators, a mix of real-estate-driven plays, public and private partnerships, and co-working spaces.
Western Digital Corp. has cut 81 positions at its Irvine headquarters, slightly more than 4% of its local employment base, the company confirmed to the Business Journal.