Orange County Business Journal


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

Irvine Clean-Tech Company Raises $9.2M

An Irvine-based clean technology company that converts greenhouse gases into plastics has raised $9.2 million in its latest funding round.

By Chris Casacchia April 7, 2014 6:37 a.m.   Share
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Mixed Q1 for Ingram Micro

Santa Ana-based Ingram Micro Inc. on Wednesday reported first-quarter revenue in line with Wall Street expectations and adjusted profit that beat estimates.

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Blizzcon 2014 Date Set

Irvine-based video game maker Blizzard Entertainment will hold its annual fanfest November 7 and 8 at the Anaheim Convention Center.

MSC Software Wins $26.1M Judgment

A Newport Beach-based software manufacturer won a $26.1 million judgment in an intellectual property dispute with a Michigan company.

Sonata Will Have In-Car Apple System

Fountain Valley-based Hyundai Motor America Inc. said its 2015 model Sonata sedan will feature Apple Inc.’s new in-car system.

Toshiba America Pays Up in Price-Fixing Settlement

Company Says It Did No Wrong, Ponies Up $7.4M

Toshiba Corp. and its North American chip and memory products unit based in Irvine paid $7.4 million as part of a $310 million settlement claim in a class-action lawsuit that alleged price fixing on one of the most common types of memory components.

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Acacia Shares Fall on Q1 Report

Shares of Acacia Research Corp. fell in after-hours trading Thursday after the Newport Beach-based company reported first quarter revenue and adjusted profits that widely missed Wall Street expectations.

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Hyundai Sonata to Get Apple CarPlay System

Fountain Valley-based Hyundai Motor America Inc. said its 2015 model year Sonata sedan will feature Apple Inc.'s new in-car app system.

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California Stem Cell to Be Bought by NeoStem

Irvine-based California Stem Cell Inc. said today that it was being acquired by NeoStem Inc. in a stock and cash deal that potentially could be worth $124 million.

New Private Equity Firm Raises $10M

Recently formed private equity firm Lotus Innovations LLC has raised $10 million for its first fund, which focuses on early-stage information technology companies.

Clean-Tech Company Raises $9.2 Million

Irvine-based clean technology company Newlight Technologies, which converts greenhouse gases into plastics, has raised $9.2 million in its latest funding round.

Space Tech Expo Draws OC Contingent for LB Run

Aerospace Electronics Show Full of Opportunities

Several Orange County technology companies drummed up new business leads and met with key customers at the world’s only expo dedicated to onboard aerospace electronics.

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Boeing to Bring 1,000 Jobs to Seal Beach, LB

Boeing Co. is adding about 1,000 engineering positions in Seal Beach and Long Beach in the next two years as part of companywide consolidation plan to boost efficiencies and meet the global demand for new aircraft production and related support.

Top Public Cos. Total $134B on 18.7% Gain in Market Cap

ECONOMY: Allergan No. 1 again; Western Digital adds $9.6B

Orange County’s largest publicly traded companies combined for a cool $20 billion boost to their market valuations over the past year, thanks to strong gains by Allergan Inc. and Western Digital Corp., the largest representatives of the local healthcare and technology sectors.

Ingram Micro’s Step to Next Level Located Behind the Scenes

CIO Charged With Marrying Tech Backbone, New Business Lines

Ingram Micro Inc.’s push into higher-margin business lines, namely mobility and the cloud, were spearheaded by Chief Executive Alain Monie, who took over the top post more than two years ago.