HEALTHCARE: Merged with Ottobock, plans IPO in 2 years
When your private equity investor wants to cash out, it’s often with a sale. Irvine-based Freedom Innovations LLC said it couldn’t be happier with a strategic partner like German prosthetics maker Ottobock.
Irvine Warehouse Part of International Tariff Caper
The foreign owners of Irvine’s 2323 Main St. industrial building are fighting the federal government’s attempt to seize ownership of the airport-area property, citing in court filings “demonstrably false” allegations and violations of its due process.
Plans to Move Upmarket And Grow Reg’l Presence
OCTANe was created in 2002 to bring together resources, expertise and capital to help grow biomedical and information technology startups.
Segerstrom Family Exec Gives Reporters Sneak Peek
Elizabeth Segerstrom, co-managing partner at Costa Mesa-based C.J. Segerstrom & Sons, invited about 50 of her closest media contacts and friends on a two-hour sail Halloween night on Foggy, a boat designed by famed architect Frank Gehry.
Allergan PLC grew sales by 11% in the third quarter, led once again by its flagship drug BOTOX.
Broadcom Ltd. is exploring a bid for San Diego-based Qualcomm Inc., according to news reports.
Shares of Clean Energy Fuels Corp. (Nasdaq; CLNE) plummeted in afterhours trading after the Newport Beach company reported a steep sales drop and loss for the third quarter, and a big charge-off related to underperforming and unprofitable stations.
The Irvine device maker reported total revenue of $193.7 million, including $12.4 million in royalties and other revenue, up more than 15% from the same period a year ago.
Chipmaker Broadcom Ltd. plans to move its official headquarters to the U.S. from Singapore, the company announced today at a press conference that included Broadcom Chief Executive Hock Tan and President Donald Trump.
Most OC-based automakers saw lower car sales in October and year-to-date.
Santa Ana-based Ducommun Inc. reported mixed results for the third quarter and announced a restructuring plan.
Aliso Viejo-based Microsemi Corp. has reached a deal to acquire the timing device business of Vectron International for $130 million.
Dendreon Pharmaceuticals LLC expanded its senior management with three new hires and two promotions.
Edwards Lifesciences Corp. reported $481 million in global sales for its core transcatheter heart valve technology, up some 17% from the same period a year ago but down compared with its last two quarters—$539 million for the first quarter and $487 million for the second quarter.
MerchSource LLC launched retail websites for its FAO Schwartz and 5th Avenue Bergdorf Goodman brands.