Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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SJC Startup in $1M Seed Round

San Juan Capistrano startup GlobeChat has raised nearly $1 million in a seed round as it gets closer to bringing its video and text messaging service to the market.

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Bike Products Maker to Irvine

SureStop moved its headquarters to Irvine from Palo Alto and named consultant Al Nordin its chief executive, according to a news report.

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Socks Company Raises $50M

Stance Inc. in San Clemente raised $50 million from private investors to expand into underwear and open brand stores, according to The Wall Street Journal.

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OC-Based Auto Brands Beat National Sales Pace

All four Orange County-based automakers beat the national pace of sales of new vehicles in February, according to New Jersey-based market researcher Autodata Corp.

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WD Unit Acquires Storage Software Maker

A San Jose-based unit of Western Digital Corp. has acquired a maker of storage software for public and private cloud data centers.

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Software Maker Gets $5.5 Million

Irvine-based software maker YouMail Inc. has raised $5.5 million in a Series B funding round, the company announced this morning.

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OCADA Names Board Leaders

The Orange County Automobile Dealers Association in Newport Beach announced its 2015 board of directors.

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Kofax Buys Dutch Software Maker

Irvine-based business software maker Kofax Ltd. has acquired a company in the Netherlands that specializes in the growing customer-management software segment.

OC Schools Aim to Fill Key Rx of Reform

EDUCATION: Pharmacy programs in various stages at 3 universities

Three local universities want to launch pharmacy schools here, and they would join six others in Southern California and a total cadre of 11 statewide.

Device Maker Follows Side Effect Into New Niche

HEALTHCARE: Switch from respiratory to blood pressure aid

Rox Medical Inc. has shifted its business model as it seeks to lower the pressure—and possibly lure a buyer.

Wet Seal’s Fate to Unfold With Bids

RETAIL: Philadelphia firm joins B. Riley in bargain hunt

Beleaguered teen retailer Wet Seal Inc. is still drawing interest, even if it comes in the form of some rock-bottom bidding.

Singapore Firm to Buy Emulex for $606M

Costa Mesa-based networking equipment maker Emulex Corp. announced it would be acquired for $606 million by Avago Technologies Ltd.

Taco Bell Plans Expansion in Japan

A Tokyo-based restaurant operator said it would open franchises of Irvine-based Taco Bell Corp. in Japan.

Beauty Products Firm Reportedly for Sale

Pacific World Corp. in Aliso Viejo is up for sale, according to the Wall Street Journal.

Abbott Medical Brings Out New Intraocular Lenses

Two Versions of Tecnis To Restore Vision

Santa Ana-based Abbott Medical Optics continues to forge ahead with new products.