Orange County Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Alphaeon to Buy Laser Maker

Irvine-based Alphaeon Corp. said today that it would buy Lensar Inc. for up to $59 million.

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Kia to Recall Soul Vehicles

Kia Motors America Inc. in Irvine is recalling 256,459 Kia Soul and Soul EV vehicles, citing the potential for loss of steering, according to the National Highway Traffic Safety Administration.

Mobilitie's Move

$325M in Funding, Hiring Spree Point to National Network of Small Cell Base Stations

A just-completed $325 million fundraising deal for Mobilitie LLC comes as the Newport Beach-based wireless infrastructure company is gearing up for what it is calling the “largest network deployment initiative in the U.S.”

China-Based Builder Gets 96 Acres in Lake Forest

REAL ESTATE: Pegged for 626 homes; deal estimated at $190M

A China-based homebuilder looking to diversify its operations into the U.S. has bought a big development site in Lake Forest.

Joint Venture Puts New Light on WD in China

TECHNOLOGY: Follows sale of stake to same company

Western Digital Corp.’s ongoing push into more lucrative storage products geared for corporate customers got a boost last week in another deal with China-based information technology provider and electronics manufacturer Unisplendour Corp.

Irvine Front and Center for Allergan R&D

HEALTHCARE: Kybella seen as next ‘pipeline in a product’ for drugmaker

Allergan PLC’s operations in Irvine appear poised to remain front and center in the drugmaker’s research and development endeavors.

Wastewater Outfit Buys Firm in Canada

Costa Mesa-based wastewater solids reduction and removal company JWC Environmental acquired IPEC Consultants in Canada on undisclosed terms.

Oculus Backer Leads $30.5M NextVR Round

Laguna Beach-based virtual reality startup NextVR Inc. raised $30.5 million in a Series A funding round that included a mix of sports- and entertainment-related firms.

Startup Gets $6 Million in VC Funds

Irvine-based startup Pop raised $6 million in venture capital funding.

Karma Lands BMW Deal for Components

Costa Mesa-based Karma Automotive notched a deal to integrate BMW components into its vehicles.

ICU Medical Looks to Increase Lucrative OEM Work

Manufacture of Parts For Others ‘Outperformed’

Making parts for other manufacturers is paying off for San Clemente-based ICU Medical Inc.

Webinar Software Provider Adds App-Connecting Tech

AnyMeeting Customers Can Sync With Other Tools

Web conferencing and webinar software company AnyMeeting Inc. in Huntington Beach is using Sunnyvale-based Zapier Inc.’s technology to help customers connect its products to popular business apps, including Salesforce, HubSpot, Constant Contact, Eventbrite, LinkedIn, and more than 400 others.

Blizzard Game Favorite Headed for the Big Screen

‘Warcraft’ Movie to Debut In Theaters Next June

The long-awaited release of the movie version of flagship Blizzard Entertainment Inc.’s franchise game “Warcraft” will hit movie theaters in June.

Western Realco Buys 2nd Fullerton Development Site

8 Acres a Few Blocks From Former Beckman HQ

Western Realco has added another property in Fullerton—and another site with ties to medical testing company Beckman Coulter Inc.—to its industrial development pipeline.

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SJC Socks, Apparel Brand Bought

St. Louis-based said it acquired socks and apparel brand Richer Poorer Inc. in San Juan Capistrano on undisclosed terms.