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.
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.
Broadcom Ltd. raised its hostile bid for San Diego rival Qualcomm Inc. this morning to $121 billion, or $82.00 per share.
Irvine-based FMH Aerospace has changed hands for the second time in less than three years.
Irvine-based fintech firm AutoGravity, which provides auto financing through smartphones, signed up another automaker: Nissan Motor Acceptance Corporation (NMAC).
Aerie Pharmaceuticals Inc. sold 1.3 million shares of common stock for $74 million.
Newport Beach-based Bonti closed $15.5 million in series C financing.
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.
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.
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.
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.
D-Link Systems Inc. in Fountain Valley introduced several connected-home devices this week in Las Vegas at the CES consumer electronics show.
Overwatch League matches will be broadcast on Twitch, the two said today.
Irvine-based Insteon said its line of connected home devices is compatible with Google Assistant-enabled products, such as Google Home speakers and select Android and Apple smartphones.
Kia Motors Corp. and its Irvine-based North American unit Monday in Las Vegas introduced a concept electric vehicle that can travel 238 miles on one charge.