Orange County Business Journal


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

Unisplendour WD Deal Sets OC-China Benchmark

$3.8B Minority Stake Could Be Biggest EverUnisplendour Corp. Ltd.’s $3.8 billion minority stake in Irvine-based Western Digital Corp. is believed to be the largest single investment a China-based company has made in a local company but still trails some other blockbuster deals initiated by foreign investors.

By Chris Casacchia October 12, 2015 midnight   $$ Share
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St. Joseph Health Puts $10M in Software Maker

Irvine-based St. Joseph Health has invested $10 million to expand its partnership with Boulder, Colo.-based Datu Health.

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Microsoft to Stream BlizzCon Opener

Windows 10 will sponsor this year’s BlizzCon, according to Larry Hryb, director of programming for Microsoft Corp.’s Xbox Live.

OC-China Culture Club

Assimilation, Influence Hallmarks of Community Here

You won’t find a typical Chinatown in Orange County—no ethnic concentration with block after block of storefronts offering goods for new immigrants from the world’s most populous country or tourists anxious to brush up against an outpost of its culture.

Some Irvine Co. Offices To Go ‘Behind the Meter’

REAL ESTATE: ‘Biggest deal ever’ to use grid-feeding batteries

The Irvine Co. has signed on to a cutting-edge energy storage project that will transform nearly two dozen of its highest profile offices in the Irvine Spectrum and John Wayne Airport area into hybrid electric buildings over the next year.

Will Hyundai Add Truck to Lineup?

AUTOS: Fountain Valley HQ hopes for OK from South Korea

This week’s Orange County International Auto Show might mark the final appearance of the Hyundai Santa Cruz as a concept vehicle and raise the curtain on a new era for the brand’s Fountain Valley-based U.S. operations.

Big Data Becomes Big Initiative at Local Campuses

Programs, Research Added to Meet Increased Demand

Orange County colleges and universities are launching and expanding programs in big data to train students to capture and analyze the reams of information that’s become available in an age when data storage capacity has ballooned.

Name Game at Montage; Gillman Shows for Cove

Can’t blame anyone for doing a double take on the lineup for the Oct. 19-21 run of the Wall Street Journal’s All Things Digital conference at the Montage, where Apple CEO Tim Cook gets top billing and a star-studded undercard includes Tony Hsieh and Chris Cox.

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UCI in $50M Water-Energy Project

The University of California-Irvine is part of a team that will study water use and energy production under a $50 million grant.

Wang’s Way

Business Failure Led Vizio Co-founder to ‘Innovate Myself Out of This Situation’

William Wang owes as much to his failures as his successes.

WD Stake Pushes OC-China Ties to New Level

TECHNOLOGY: $3.8B deal catches Wall Street by surprise

China continued to make waves in Orange County last week with a $3.8 billion deal that will give Unisplendour Corp. Ltd. a 15% stake in Irvine-based Western Digital Corp.

Sunstone Gets $26.5M for Purchasing Portal

An affiliate of Aliso Viejo-based Sunstone Hotel Investors Inc. got $26.5 million on the sale of the hotel REIT’s online purchasing portal for hospitality products and services to Avendra LLC in Rockville, Md.

Frost’s Full House

Campus Approach, 24 Startups in San Juan Capistrano

Defining Frost Data Capital isn’t easy, says Stuart Frost, a serial entrepreneur who founded the San Juan Capistrano-based company to invest in startups focused on “big data.”

Morris in Motion

Telogis Hooks Up With AT&T on Software for Automakers

Telogis Inc.’s new deal with AT&T Inc. marks another significant turn for the Aliso Viejo-based logistics software maker under the leadership of co-founder Newth Morris.

Rare Investment Method Behind MTAB Acquisition

Search Fund Acquires Local Software Maker

Poplar Capital Partners LLC’s recent buy of Yorba Linda-based business software maker mTAB LLC was backed through a rarely used investment mechanism: a search fund.