TECHNOLOGY

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

$18B: Gang of Six Outbids WD for Toshiba Chip Unit

TECHNOLOGY: Bidders include OC storage king KingstonKingston Technology Inc. has quietly joined forces with a consortium of global giants aiming to buy Toshiba Corp.’s flash memory business for $18 billion

HyperX Nets First NBA Sponsorship

The gaming division of Fountain Valley-based Kingston Technology Inc. has been named the official headset partner of the Philadelphia 76ers.

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Auto Industry’s Nordstrom

Worried you may not like your new ride the minute you park it in the garage? No problem, Hyundai Motor America Inc. will take it back within three days of purchase.

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Tech Vet Elevated at Ubiquity

Irvine-based Ubiquity, Inc. said Robert Fernander has been appointed chairman of its board of directors.

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Autobytel Rebrands

Autobytel Inc. in Irvine changed its name to AutoWeb Inc. and its Nasdaq stock ticker symbol to “AUTO.”

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September Sales Mixed for OC Automakers

A majority of Orange County-based automakers beat the national sales pace for new vehicles in September, according to New Jersey-based market researcher Autodata Corp.

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Smart Camera Co. Gets $5.4M

Opkix Inc. in Costa Mesa said it raised $5.4 million in Series A funding, and it now has a value of $90 million.

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CalAmp Up on Earnings

Shares of CalAmp Corp. (Nasdaq: CAMP), an Irvine-based maker of Internet-connected products, rose as much as 9.3% after reporting fiscal second-quarter revenue that topped analyst estimates.

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$20 million gift to Chapman

Chapman University said a $20 million gift from the Los Angeles-based W. M. Keck Foundation will name a future science building at its main campus in Orange as the Keck Center for Science and Engineering.

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Hyundai Connects With AutoGravity App

Hyundai Capital America, with operations in Newport Beach and Irvine, joined the AutoGravity car shopping and financing platform.

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Hyundai Appoints US Head

Hyundai Motor America Inc. named Kyung Soo Lee president and chief executive, effective today.

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Metal Processor Buys Division

All Metals Processing of Orange County LLC acquired Triumph Processing-Embee Division Inc. from its parent, Berwyn, Pa.-based Triumph Group Inc., on undisclosed terms.

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Jannard Partners Up in ‘Disruptive’ Smartphone Venture

Red Digital Cinema Camera Co. in Irvine said its upcoming smartphone will be developed in partnership with Menlo Park-based Leia Inc.

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Peregrine Gives Back Some Gains

Shares in Peregrine Pharmaceuticals Inc. in Tustin rose 12% in intraday trading Monday and rose another 4% after hours on a nearly four-fold increase in revenue and a sharply lower quarterly loss; trading volume on the day was three times its 90-day average. In Tuesday midday trading the drugmaker gave back some of those gains.

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Ducommun Closes HB Buy

Santa Ana-based aerospace manufacturer Ducommun Inc. closed its $60 million cash buy of LS Holdings Company LLC, the company said today.

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Chronicling the Slide of Acacia

TECHNOLOGY: Patent enforcement ‘not what it used to be’

Acacia Research Corp.’s prolonged downward spiral on Wall Street has been propelled by recent changes in intellectual property rights and litigation.

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