TECHNOLOGY

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

Alteryx’ Latest Sign Of Growth: Bigger HQ

REAL ESTATE: Lease expands Irvine presence by about 75%Data analytics software maker Alteryx Inc., which went public in March, has signed a deal to expand its Irvine headquarters at a rate almost matching its impressive stock growth since a $14-a-share initial public offering.

Avid Expects $20M from Secondary Offering

Tustin-based Avid Bioservices Inc. yesterday priced a public offering of 9 million shares of common stock at $2.25 apiece, and expects more than $20 million in gross proceeds after the offering closes next week.

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UCI Prof Joins Acacia in Restaurant Robotics

A Chicago hospitality company has joined Acacia Research Corp. in an investment in a Pasadena-based robotics maker for the restaurant industry, and a University of California-Irvine professor has joined that firm’s advisory board.

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Qualcomm Rejects $121B Broadcom Bid

The board of Qualcomm Inc. today unanimously rejected Broadcom Ltd.’s latest unsolicited cash and stock bid of $121 billion, or $82.00 per share.

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TTM Down on Q1 Outlook

Shares of TTM Technologies Inc. declined about 3% to a $1.5 billion market cap after the Costa Mesa-based company provided an outlook on adjusted profits this quarter that were below Wall Street expectations.

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Broadcom Boosts Bid for Qualcomm to $121B

Broadcom Ltd. raised its hostile bid for San Diego rival Qualcomm Inc. this morning to $121 billion, or $82.00 per share.

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Irvine Manufacturer Sold for $235M

Irvine-based FMH Aerospace has changed hands for the second time in less than three years.

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AutoGravity Signs Nissan

Irvine-based fintech firm AutoGravity, which provides auto financing through smartphones, signed up another automaker: Nissan Motor Acceptance Corporation (NMAC).

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Aerie Offering Comes in at $74M

Aerie Pharmaceuticals Inc. sold 1.3 million shares of common stock for $74 million.

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Bonti Lands $15.5 Million Series C

Newport Beach-based Bonti closed $15.5 million in series C financing.

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LoanDepot Unveils 2 New Businesses

LoanDepot LLC, the second largest non-bank mortgage lender in the U.S., launched two new businesses to expand real estate lending through its technology platform dubbed Mello.

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Restaurant365 Raises Funding from Bessemer

Restaurant365 LLC, an Irvine-based developer of back-office software for restaurants, said it closed a $20 million Series A financing that includes a minority investment from Bessemer Venture Partners.

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Amazon Skips OC on Short-List

Orange County didn’t make the cut as a potential home to Amazon’s second headquarters, as the e-commerce giant announced its short list of potential locations for its massive HQ2 project.

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CES 2018: Universal Creates for DISH

Universal Electronics Inc. helped develop a new voice remote control for DISH Network Corp., the Santa Ana-based company said this week in Las Vegas at CES, the nation’s largest electronics trade show.

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CES 2018: D-Link Gets More Connected

D-Link Systems Inc. in Fountain Valley introduced several connected-home devices this week in Las Vegas at the CES consumer electronics show.

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Blizzard’s eSports League Signs Twitch Deal

Overwatch League matches will be broadcast on Twitch, the two said today.

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