Orange County Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

2016 YEAR in Review: Technology

The Business Journal, in a rare move, double dipped and tapped Broadcom co-founder Henry Samueli as the person to watch.

December 12, 2016 midnight   $$ Share
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CoreLogic CEO Takes Temporary Leave

Irvine-based CoreLogic Inc. said that Chief Executive and President Anand Nallathambi is taking a temporary medical leave of absence from the company.

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Joe DeFranco Dies at 94

Longtime business executive and bon vivant Joseph DeFranco died Sunday at his home in Newport Beach at the age of 94.

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WD Bids on Toshiba Unit

Irvine-based storage products maker Western Digital Corp. has placed a bid for a minority stake in Toshiba Corp.’s flash memory business, according to media reports.

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UCI Prof to Share $10M Grant

UCI Assistant Professor of Developmental & Cell Biology Ali Mortazavi will share $10 million in grant funding over four years with the California Institute of Technology in Pasadena to establish a mapping center to pinpoint where genes, and the regulatory elements that control them, lie within the entire genome.

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Rakuten to Exit Aliso Viejo Shopping is moving from Aliso Viejo to San Mateo in the Silicon Valley in March.

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MSC Sold for $834M

Newport Beach-based MSC Software Corp. will be sold for $834 million to Swedish IT service provider Hexagon AB, the companies said today.

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January Auto Sales Mixed

Three out of four Orange County-based automakers exceeded the national sales pace for new vehicles in January, according to New Jersey-based market researcher Autodata Corp.

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Razer Buys Phone Maker

Irvine-based video game products maker Razer Inc. has acquired the majority of assets of a San Francisco company that developed a mobile phone that offers unlimited cloud-storage capacity.

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Ad Testing Firm Sold

Ezoic Inc. in Carlsbad bought OC-based advertising technology firm AmpedSense.

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Post-Recession Car Sales Boom Winds Down

Sales of new vehicles at Orange County auto dealers plateaued at 191,910 last year after notching considerable gains for the previous six years, according to the Orange County Automobile Dealers Association.

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Emerald Buys Home Tech Show

Emerald Expositions LLC in San Juan Capistrano acquired the CEDIA trade show from the Custom Electronics Design & Installation Association in Indianapolis, Ind., on undisclosed terms.

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Microsemi Sales Hit Marks

Aliso Viejo-based chipmaker Microsemi Corp. reported revenue in the December quarter in line with Wall Street expectations, and an adjusted profit that beat estimates.

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Executive Changes at Mazda

Mazda North American Operations has set the stage for a new generation of executives to join its senior management in Irvine.

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UCI Team to Compete on Hyperloop

A University of California-Irvine engineering team will compete with more than 30 academic and independent engineering teams from around the world to determine which has designed and built the best “human-scale pod” for the Hyperloop transportation system.

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Hyundai Plans ‘Instant Replay’ Super Bowl Ad

Fountain Valley-based Hyundai Motor America Inc.’s return to the Super Bowl will include a 90-second documentary filmed during the game that will air right after the final whistle.