Orange County Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Chinese Buyer for Life Sciences Supplier

Santa Ana-based MP Biomedicals LLC was sold to Valiant Co. in China for about $134 million.

OC Operations Help Danaher Boost Q3 Performance

Local Units Part of 23% Revenue Hike on Dental

Units with an Orange County presence helped drive improved financial performance for Danaher Corp.’s third quarter, according to company executives.

Ad Agency Sets Upcoming Shopping Center Apart

Spots Show HB Affords ‘Real’ Vibe to Pacific City

Pacific City in Huntington Beach is scheduled to open to the public on Nov. 7, according to its developer, DJM Capital Partners in San Jose.

Microsemi Deal for Chipmaker Would Be Its Biggest

$2.2B Offer About 4 Times PMC-Sierra’s Annual Sales

Aliso Viejo-based Microsemi Corp.’s $2.2 billion bid to acquire Sunnyvale chipmaker PMC-Sierra Inc. is the latest deal in the sizzling chip sector, which has already seen record activity this year.

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Kia Nets NBA All-Star Deal

Kia Motors Corp.’s logo will appear on player jerseys during the National Basketball Association’s next two All-Star games—in Toronto in 2016 and Charlotte, N.C. in 2017.

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First Johnny Rockets Express in India

The India franchisee for Aliso Viejo-based Johnny Rockets Restaurant Group opened its first express location in that country, according to news reports.

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Allergan Shares Up on Pfizer Talks

Shares in Allergan PLC rose about 9% in morning trading after the drug maker and potential partner Pfizer Inc. confirmed the two companies were discussing a merger.

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Quiksilver Seeks to Sell Shoe Brand

Quiksilver Inc. in Huntington Beach is asking a bankruptcy court to approve the sale of its Ampla running shoe brand to a pair of former executives for $200,000.

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WD Earnings, Shares Down

Irvine-based Western Digital Corp. said it earned $283 million on revenue of $3.4 billion in its most recent quarter.

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Connectifier in $6M Funding Round

Costa Mesa-based Connectifier said it raised $6 million in Series B funding led by Goldcrest Investments LP in Dallas.

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Tech Maker Sold for $230M

Santa Ana-based Secure Technology Co. was sold to Benchmark Electronics Inc. for $230 million in cash by its private equity owner, Vance Street Capital LLC.

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Irvine Software Maker Gets $85M

Irvine-based analytics software maker Alteryx Inc. has raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York.

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Niagara, True Drinks Ink Deal, Smith Injects $3M

Irvine-based True Drinks Holdings Inc. has drawn an additional $3 million investment from Vinny Smith and hired a local bottler to handle its signature AquaBall product, a flavored water with no sugar.

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Endologix Shares Dive

Shares of Irvine-based medical device maker Endologix Inc. plummeted today on news of a third-quarter loss.

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Telogis Inks Apple Deal

Aliso Viejo-based logistics software maker Telogis Inc. has struck a deal with Apple Inc. to enhance vehicle and workforce related apps for the consumer electronics giant’s line of iPhones and iPads.