Orange County Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
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Acorn Cracks WSJ Top 25

Irvine’s Acorn Grows Inc. ranked No. 22 on the Wall Street Journal’s list of “Top 25 Tech Companies to Watch.”

By Pete Weitzner June 16, 2017 10:19 a.m. share »
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NB Manufacturer a Crowdfunded First on NASDAQ

Shares of Newport Beach-based ADOMANI Inc. surged this morning on its debut on the NASDAQ Capital Market after becoming the first equity crowdfunded company to list on the tech heavy exchange.

By Chris Casacchia June 15, 2017 11:16 a.m. share »
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One Irvine Co., ROC Suit Resolved

The Irvine Co. reached an agreement with Newport Beach-based Real Office Centers on one of the properties it had filed an eviction-based lawsuit against the company over, an Irvine Co. spokesman told the Business Journal.

By Deirdre Newman June 14, 2017 5:09 p.m. share »
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Irvine’s Smartlabs Acquired

Irvine-based Smartlabs Inc. was acquired by Richmond Capital Partners, a private investment firm based in Seattle. Terms weren’t disclosed.

By Peter J. Brennan June 13, 2017 1:59 p.m. share »
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Conexant in $342M Deal

Chipmaker Conexant Systems LLC in Irvine agreed to be acquired by Synaptics Inc. for about $342 million.

June 12, 2017 2:59 p.m. share »
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NB Cybersecurity Startup Gets $9.5M

Newport Beach start-up Obsidian Security has raised $9.5 million in Series A funding led by Silicon Valley venture capitalist Greylock Partners.

By Chris Casacchia June 8, 2017 7 a.m. share »
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In-N-Out, Habit in Data Dive

A report on fast-casual hamburger chains from 1010data Inc. in New York showed two OC-based operators grinding out a solid middle ground compared with several similar chains.

By Paul Hughes June 6, 2017 9:49 a.m. share »
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Alteryx Buys, Bows Service

Irvine-based analytics software maker Alteryx Inc. bought a Brooklyn, N.Y. company and debuted a new service developed from another recent purchase.

By Chris Casacchia June 6, 2017 6 a.m. share »
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Pipeline Group Sold

Santa Ana-based Pipeline Group Inc. was bought on undisclosed terms by Prometheus Group, a press release said.

By Peter J. Brennan June 5, 2017 9:50 a.m. share »
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Lotus Sells gen-E

Lotus Innovations LLC in Irvine said it sold gen-E, an analytics company with 29 employees, to an undisclosed buyer for an undisclosed amount.

By Peter J. Brennan May 25, 2017 1:57 p.m. share »
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Irvine Software Firm Sold

Resolve Systems, an Irvine-based software company with 125 employees, was sold to Insight Venture Partners of New York. Terms were not disclosed.

By Peter J. Brennan May 23, 2017 11:46 a.m. share »
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Ex-Energy Sec. Joins Board

Former Department of Energy Secretary Ernest Moniz has joined the board of a nuclear fusion company in Foothill Ranch.

By Chris Casacchia May 18, 2017 11:18 a.m. share »
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CrowdStrike Gets Another $100M

Irvine-based CrowdStrike Inc. has raised $100 million in its latest funding round, the second time the security software maker has hit that investment benchmark.

By Chris Casacchia May 17, 2017 10:16 a.m. share »
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Irvine Startup Acquires GameWorks

Irvine-based Oomba Inc. and Barington/Hilco Acquisition Corp. said Oomba will buy Chatsworth-based GameWorks Entertainment LLC for $60 million and take the combined company public.

By Deirdre Newman May 16, 2017 12:51 p.m. share »
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MSC Buys German Firm

MSC Software Corp., a unit of Hexagon AB’s Manufacturing Intelligence, said it will buy VIRES Simulationstechnologie GmbH to expand into automated driving technology. Terms of the deal weren’t announced.

By Peter J. Brennan May 15, 2017 12:04 p.m. share »