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Irvine-based Incipio Technologies Inc. has agreed to sell a minority stake to New York-based private equity investor Goode Partners LLC on undisclosed terms.
TECHNOLOGY: Startups leverage convention to gain notice in industry
A startup backed by Tech Coast Angels, a clandestine chipmaker, and a spinoff from one of Orange County’s largest publicly traded companies will be among the locals to debut this week at CES, the world’s biggest technology trade show.
La Jolla Group LLC in Irvine acquired an equity stake in Laguna Beach-based apparel maker Roark Revival for an undisclosed amount.
Kaiser Aluminum Corp in Foothill Ranch said it will spend $150 million on equipment upgrades at its Spokane, Wash. facility over the next five years.
Mazda North American Operations in Irvine appointed Masahiro Moro its new president and chief executive to replace Jim O’Sullivan, who will retire from the company on Jan. 1.
CoreLogic Inc. will buy FNC Inc. for $475 million.
Footwear manufacturer OluKai Inc. in Aliso Viejo acquired Newport Beach-based eyewear brand Kaenon for an undisclosed sum.
Bravo Sports in Santa Fe Springs bought helmet manufacturer Pro-Tec from Dye Precision Inc., both in San Diego, on undisclosed terms.
TTM Technologies Inc. today announced it will lay off 80 workers worldwide in a restructuring move, its second significant job-cutting initiative in less than three months.
Edwards Lifesciences Corp. in Irvine has invested in Harpoon Medical Inc., a Baltimore-based start-up company developing a “minimally invasive” product to surgically repair mitral valves in the heart.
Irvine-based Kurion Inc. has acquired a U.K. company that specializes in robotics and remote systems for handling hazardous materials.
Volcom LLC appointed Todd Hymel as its new chief executive, effective immediately.
Irvine-based Lantronix Inc. named Jeffrey Benck president and chief executive.
Shares of Tilly’s Inc. were down about 2% in Thursday morning trading for a market cap of $172 million after the Irvine-based apparel, footwear and accessories retailer reported results yesterday that beat Wall Street expectation on sales in the October quarter but slipped on earnings.
Shares of Pacific Sunwear of California Inc. were down in midday trading as it reported a loss for its most recent quarter.