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

Karma to Open NB Showroom

Irvine-based Karma Automotive LLC will open a showroom and its first company-owned dealership on Monday along the Pacific Coast Highway in Newport Beach.

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Toshiba America Acquires NorCal Dealer

Lake Forest-based Toshiba America Business Solutions Inc. has acquired an equipment distributor and reseller in Northern California.

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Appeals to Nostalgia, League Hype Top Blizzcon 2017

Free Wings for Members Of the Blizzard Family

It was a record year at Blizzcon 2017, though the annual convention lacked the momentous announcements from previous years.

Ubiquity Evicted

Ubiquity Inc. has been evicted from its Irvine headquarters at 9801 Research Drive.

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Alteryx Beats Street in Q3

Irvine-based Alteryx Inc. reported third quarter sales and operating profits that beat Wall Street expectations and provided modestly improved guidance for the current quarter.

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ChromaDex Lands $23M Private Placement

Irvine-based ChromaDex Corp. will sell more than 5.6 million shares of its common stock at a purchase price of $4.10 per share, or about $23 million.

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Cybersecurity Player Shifts to Silicon Valley

TECHNOLOGY: CrowdStrike follows talent, money to new HQ

One of Orange County’s hottest and highest valued private companies has moved its headquarters from Irvine to Silicon Valley.

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OCTANe Pivots to Later-Stage Cos.

Plans to Move Upmarket And Grow Reg’l Presence

OCTANe was created in 2002 to bring together resources, expertise and capital to help grow biomedical and information technology startups.

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Silicon Valley Lease Gives Irvine Co. Notable Name

164,000 SF for Amazon, Takes Ericsson Space

Tasseography followers, take note: Amazon appears to be a fan of Irvine Co. office properties.

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Broadcom Buying Qualcomm?

Broadcom Ltd. is exploring a bid for San Diego-based Qualcomm Inc., according to news reports.

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Clean Energy Tanks on Q3

Shares of Clean Energy Fuels Corp. (Nasdaq; CLNE) plummeted in afterhours trading after the Newport Beach company reported a steep sales drop and loss for the third quarter, and a big charge-off related to underperforming and unprofitable stations.

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Broadcom Charter to Delaware

Chipmaker Broadcom Ltd. plans to move its official headquarters to the U.S. from Singapore, the company announced today at a press conference that included Broadcom Chief Executive Hock Tan and President Donald Trump.

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Ducommun Q3 Mixed, Invokes Restructuring

Santa Ana-based Ducommun Inc. reported mixed results for the third quarter and announced a restructuring plan.

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LoanDepot Starts JV

LoanDepot LLC, the nation’s second largest non-bank consumer lender, announced a joint venture with OfferPad, a real estate investment company, to speed up the process of mortgage approval.

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Microsemi in $130M Strategic Buy

Aliso Viejo-based Microsemi Corp. has reached a deal to acquire the timing device business of Vectron International for $130 million.

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