Orange County Business Journal

TECHNOLOGY

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

Newport Corp. Sees Potential Amid Tumult in Israel

TECHNOLOGY: Bought fiber laser maker as conflict flared The recent growth of Newport Corp.’s operations in Israel underscores the tenuous balance of investing in a global technology hub that’s under constant threat of warfare.

By Chris Casacchia August 11, 2014 midnight   $$ Share
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New CEO for Trace3

Irvine-based IT consultancy and service provider Trace3 has promoted Tyler Beecher to chief executive.

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808 Begins Trading Wednesday

Garden Grove-based power plant owner and operator 808 Renewable Energy Corp. will begin trading Wednesday on the Over-The-Counter Bulletin Board.

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Irvine chipmaker raises $19.7M

Irvine-based networking chipmaker ClariPhy Communications Inc. has raised $19.7 million in venture funding, according to San Francisco-based market tracker CrunchBase.

Software Maker Bought By Texas Firm

A company in Austin, Texas, acquired San Clemente-based Benesan Corp., which makes specialized software for in-home, nonmedical patient care.

Smith Micro, Sprint Team to Boost Digital Art Training

Teachers Get Free Licenses for Students’ Designs

Sprint Corp. and Smith Micro Software Inc. have joined forces to groom the next generation of digital artists.

OC’s Wealthiest

Orange County’s wealthiest person has been putting a fair amount of his fortune back into his business over the past year—but we’re figuring that he’s still likely to have seen a boost to his bottom line of about $1 billion.

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Emulex Shares Rise on Quarterly Report, Outlook

Shares of Emulex Corp. rose in after-hours trading after the Costa Mesa-based networking equipment maker reported June quarter revenue and adjusted profits that beat Wall Street expectations and provided financial targets in the current quarter that were above estimates.

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Vizio Recalls TVs After Tip-Over Warning

Irvine-based Vizio Inc. is recalling about 245,000 flat-screen TVs from its popular E-Series line introduced late last year.

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Con Ed Adds $22.3M to Contract With Anaheim Firm

Anaheim-based engineering firm Willdan Group Inc. has won a $22.3 million contract extension from Consolidated Edison Inc. in New York, taking the total value of the deal to $61.3 million for a job that’s been ongoing since late 2012.

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Laguna Hills Tech Company Gets $4M

OpenSignal, a technology startup in Laguna Hills, got $4 million in a recent funding round led by Qualcomm Ventures, the investment arm of San Diego-based chipmaker Qualcomm Inc.

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San Clemente Software Company Acquired

An Austin, Texas company has acquired San Clemente-based Benesan Corp., which makes specialized software for in-home, nonmedical patient care.

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Tustin Engineering Firm Acquired

Tustin-based engineering firm Hall & Foreman Inc. has been acquired by David Evans and Associates Inc. in Portland.

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Irvine Exec to Atlanta for AutoTrader.com

Jared Rowe will shift from the president’s post at Irvine-based Kelley Blue Book to the same title with parent company AutoTrader.com.

Vizio Reconsiders Role of Computers in Brand’s Lineup

TECHNOLOGY: Cites weak PC sales, mum on next step

Vizio Inc.’s line of personal computers hasn’t generated the sort of buzz that helped power the quick rise of its high-definition, flat-screen TVs and soundbars.