Orange County Business Journal


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

Blizzard’s Blitz: Classic Games, Movie, Xbox

Blizzard Entertainment Inc.’s evolving strategy is mixing a dose of the past with a dash of the future in the pending launch of a classic games division, more free content, new distribution channels, and a big push into Hollywood.

By Chris Casacchia November 23, 2015 midnight   $$ Share
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Military Contractor Wins $42M Navy Job

Mercury Defense Systems, a subsidiary of Chelmsford, Mass.-based Mercury Systems Inc., was awarded a $41.8 million contract from the U.S. Navy this week.

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Microsemi to Buy PMC-Sierra for $2.5B

Aliso Viejo-based semiconductor maker Microsemi Corp. said it had a “definitive agreement” to acquire Sunnyvale-based semiconductor maker PMC-Sierra Inc. for $2.5 billion in cash and stock.

Data as Driver

San Clemente Software Company ‘Owns Desktop at Dealership,’ Passes $200M in Revenue

DealerSocket wants to be the for the automotive sector.

Nonprofit OCTANe Seeks to Expand Prospects for Startups

STARTUPS: Seeks more VC partners; might add own fund

OCTANe’s new strategy to attract investment dollars and emerging companies to the region is showing early returns for Orange County’s vibrant startup and entrepreneurial scene.

Software Maker Raises $15.5 Million

Irvine-based Numecent received $15.5 million in Series B funding that included $4.5 million from a previous investor.

Startup Capitalizes on Other Offerings’ Weaknesses

Cirruspath Targets $10M In Sales With Tidying App

An Irvine startup is getting strong demand from companies it says are frustrated with the functionality of and other customer relationship-management products.

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Microsemi Ups Bid for Chipmaker

Aliso Viejo-based chipmaker Microsemi Corp. increased its bid for PMC-Sierra Inc. this morning to roughly $2.39 billion.

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Irvine Cloud Service Gets $15.5M

Irvine-based Numecent received $15.5 million in Series B funding that included $4.5 million from an investor from a previous round.

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Kia to Recall Soul Vehicles

Kia Motors America Inc. in Irvine is recalling 256,459 Kia Soul and Soul EV vehicles, citing the potential for loss of steering, according to the National Highway Traffic Safety Administration.

Mobilitie's Move

$325M in Funding, Hiring Spree Point to National Network of Small Cell Base Stations

A just-completed $325 million fundraising deal for Mobilitie LLC comes as the Newport Beach-based wireless infrastructure company is gearing up for what it is calling the “largest network deployment initiative in the U.S.”

Joint Venture Puts New Light on WD in China

TECHNOLOGY: Follows sale of stake to same company

Western Digital Corp.’s ongoing push into more lucrative storage products geared for corporate customers got a boost last week in another deal with China-based information technology provider and electronics manufacturer Unisplendour Corp.

Oculus Backer Leads $30.5M NextVR Round

Laguna Beach-based virtual reality startup NextVR Inc. raised $30.5 million in a Series A funding round that included a mix of sports- and entertainment-related firms.

Startup Gets $6 Million in VC Funds

Irvine-based startup Pop raised $6 million in venture capital funding.

Karma Lands BMW Deal for Components

Costa Mesa-based Karma Automotive notched a deal to integrate BMW components into its vehicles.