Orange County Business Journal

TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
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Recyclable Foam Maker Gets Investors

PLUSfoam Compound Technologies LLC in Newport Beach received an undisclosed investment from Acorn Innovestments and the Noël Group.

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Software Maker Plans to Hire 200

Smart Utility Systems today announced plans to add 200 workers this year at its new headquarters in Irvine and an international expansion plan with new offices in Asia.

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OC Deals Hit $500M in Q4

Orange County entrepreneurs received more than $529 million in venture capital spread across 12 deals in the fourth quarter, said Dow Jones VentureSource.

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Strathspey Crown Buys Nevada Firm’s Assets

Newport Beach-based Strathspey Crown Holdings LLC bought the portfolio companies of Incline Village, Nevada-based Novus Via LP on undisclosed terms.

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Kia Shows Full-Size SUV Concept

Irvine-based Kia Motors America Inc. showed a full-sized sport utility vehicle concept car called Telluride at the North American International Auto Show in Detroit.

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Ricoh Buys CM Printer Maker

Tokyo-based Ricoh Co. has acquired an industrial printer maker in Costa Mesa.

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NextVR NBA Broadcast Tonight

Laguna Beach startup NextVR Inc. will broadcast the Chicago Bulls-Boston Celtics game tonight in virtual reality at a private event at the Cosmopolitan of Las Vegas.

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Kia Plans Self-Driving Car

Kia Motors Corp. aims to bring an autonomous vehicle to market by 2030 built on its newly launched Drive Wise technology that includes advanced driver assistance systems and intelligent safety features.

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CoreLogic Buys Again

CoreLogic Inc. paid Wells Fargo Bank N.A. $65 million for the 49.9% of RELS LLC it didn’t yet own.

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Greenwave Raises $45M

Irvine-based smart technology provider Greenwave Systems Inc. raised $45 million in a Series C round led by the investment arm of the Singapore Economic Development Board and Singapore Technologies Telemedia.

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Incipio Sells Stake

Irvine-based Incipio Technologies Inc. has agreed to sell a minority stake to New York-based private equity investor Goode Partners LLC on undisclosed terms.

OC to Show Range of Emerging Tech at CES

TECHNOLOGY: Startups leverage convention to gain notice in industry

A startup backed by Tech Coast Angels, a clandestine chipmaker, and a spinoff from one of Orange County’s largest publicly traded companies will be among the locals to debut this week at CES, the world’s biggest technology trade show.

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Retiring Longtime Mazda Exec Replaced

Mazda North American Operations in Irvine appointed Masahiro Moro its new president and chief executive to replace Jim O’Sullivan, who will retire from the company on Jan. 1.

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CoreLogic to Pay $475M for Appraisal Tech Co.

CoreLogic Inc. will buy FNC Inc. for $475 million.