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The Quiksilver Inc. boss continued to reshape the operations of the brand, which once again struggled despite its heritage as a pioneer of the surfwear sector.
Private equity firm Altamont Capital Partners in Palo Alto said it acquired a majority stake in Fox Head Inc., in a deal estimated at more than $200 million.
Count British Columbia’s tourism agency as the latest enterprise to utilize the breakthrough virtual reality headset Oculus Rift developed by Irvine-based startup Oculus VR Inc.
Shares of Quiksilver Inc. rose about 30% to $1.92 and a market value of $330 million in early trading Friday, after it reported a narrower loss after markets closed yesterday.
Freedom Innovations LLC, an Irvine-based maker of prosthetic devices, has received a minority equity investment from diversified manufacturer Parker Hannifin Corp.
Broadcom Corp. shares continued to modestly climb Wednesday, a day after the Irvine-based chipmaker laid out its corporate strategy to analysts for the upcoming year.
Boeing Co. will lay off 360 people in Southern California between Dec. 12 and Jan. 1, with about a third of the cuts in Huntington Beach, according to layoff notices posted by the California Employment Development Department.
Hyundai Motor America Inc. in Fountain Valley will recall 42, 925 vehicles with faulty brake lights, according to the National Highway Traffic Safety Administration.
Irvine-based storage products maker Western Digital Corp. is a step closer to gaining regulatory approval from China’s Ministry of Commerce to integrate its Hitachi Global Storage Technologies Inc. subsidiary there.
Aliso Viejo-based Johnny Rockets Group Inc. said it and franchisees would save about $450,000 a year systemwide with new back-office operations software the retro burger chain developed in-house for $25,000.
New Law Loosens Process US Firms Have Criticized
Efforts over the past decade by several of Orange County’s better-known medical device executives to change Japanese laws are bearing fruit.
Aims to Fill Sector Niche Void After Recent Shifts
Fast-growing Irvine company Numecent has acquired employees, customers and intellectual property from Approxy, a joint venture it spun out in 2012 with private investors to deliver “cloud paging” for next-generation cloud-gaming services.
HEALTHCARE: $3.5B for maker of neurological drug
Aliso Viejo-based Avanir Pharmaceuticals Inc. hopes to continue its recent surge under new owner Otsuka Pharmaceutical Co., which aims to beef up its neurology drug lineup following an upcoming patent expiration.
Irvine-based Taco Bell Corp. plans to add 1,300 restaurants with an aim of adding $2 billion in sales overseas by 2023, according to a report in Nation’s Restaurant News.
Longtime Accenture Plc executive Martin Cole has joined the board of Irvine-based storage products maker Western Digital Corp.