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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NB Biotech Gets $7.5M

Newport Beach-based Blueprint Bio Inc. has received $7.5 million in Series A funding.

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Incipio Bids $177M for Skullcandy

Incipio LLC, an Irvine-based maker of cell phone cases and other mobile device accessories, has bid $177M for Skullcandy Inc.

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Ubiquity Names CTO

Irvine-based technology-focused media company Ubiquity Inc. appointed Jonathan Kalbfeld as chief technology officer, effective July 18, replacing Kristain Sandburg.

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Verizon to Buy Telogis

Verizon Communications Inc. will buy Aliso Viejo-based Telogis Inc. on undisclosed terms.

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Irvine Software Maker Sold

Irvine-based data management software maker Vision Solutions Inc. has been sold to private equity firm Clearlake Capital Group L.P. in Santa Monica.

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Karma Fills New Exec Post

Karma Automotive LLC, the Costa Mesa-based manufacturer of luxury electric hybrid plug-in vehicles, hired Dennis Dougherty as president and chief operations officer, a new position.

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New CEO for Battery Maker

Former Broadcom Corp. executive Robert Rango has been named chief executive of Irvine-based battery maker Enevate Corp.

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QLogic Sold for $1B

Shares of Aliso Viejo-based networking equipment maker QLogic Corp. rose 10% after the company said it would be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.

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Samuelis Give $10M to UCLA

The Samueli Foundation in Corona del Mar has given $10 million to the Henry Samueli School of Engineering and Applied Sciences at University of California-Los Angeles.

EON Puts $20 Million Into VR Center in Mexico

TECHNOLOGY: Education push includes augmented reality

Irvine-based software maker EON Reality Inc. hopes to keep its growth up by bringing virtual and augmented reality content to the masses through an aggressive international plan centered on education and awareness.

Blizzard Signs Deal With Facebook

Irvine-based Blizzard Entertainment Inc. announced a partnership with Facebook Inc. that aims to connect millions of gamers while boosting content on the world’s largest social network.

Brunt of Western Digital Cuts Come in Silicon Valley

SanDisk, HGST to Bring About $1B in Savings

Western Digital Corp.’s massive integration of SanDisk Corp. and HGST already has led to more than 500 job cuts in the past month, and more are expected.

Keirstead Buys Back In on Stem Cells

Orange County stem cell entrepreneur Hans Keirstead refers to his newly established biotechnology company as a “startup with mature assets.”

$100M Raise Points to Cybersecurity Niche

The $100 million raised by Cylance Inc. last week highlights the booming demand for software security needed to thwart malicious cyberattacks in the public and private sectors—and the growing appetite of venture capitalists to fund Orange County-based businesses that are taking on the challenge.

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Ubiquity Restructures

Nicholas Mitsakos today was named interim chief executive of Irvine-based Ubiquity Inc. as part of its corporate restructuring.