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MARKETING: Targets Hollywood with ultra-HD
Vizio Inc.’s marketing strategy for 2014 is just like its latest ad campaign: “beautifully simple.”
A bankruptcy judge in Chicago approved the sale of most of the assets of Santa Ana-based Edison Mission Energy, a unit of Edison International, the Rosemead-based parent of Southern California Edison.
Wins $5.3M in Damages From Local Company
Aliso Viejo-based chipmaker Microsemi Corp. was awarded $5.3 million in damages from another local technology company in a breach-of-contract lawsuit filed four years ago.
ECONOMY: 5.5% increase in sales; 2.2% gain on OC jobs
The biggest minority-owned businesses based in Orange County combined for $12.8 billion in revenue last year, a 5.5% increase from a year earlier.
TECHNOLOGY: Irvine-based Getac supplies military, cops
Getac Inc.’s line of rugged computers are built to withstand the harshest conditions on the battlefield and some of the most extreme climates on earth. Its U.S. operation, headquartered in Irvine, supplies the Department of Defense and several U.S. law enforcement agencies with specialized laptops and tablets.
Ten of Orange County’s wealthiest were named on Forbes’ latest list of top billionaires in the world.
Small Embedded Wireless Device Key to Innovations
Irvine-based Lantronix Inc. turned some heads late last month at the Embedded World 2014 show in Nürnberg, Germany, with some cool demos of its networking technology using a humanoid robot, a drone and a Wi-Fi-enabled electric bike.
Number of Deals Down 11% in U.S.; Total Value Up
The pace of merger-and-acquisition activity by Orange County businesses rose by about 3% in 2013, capping the year at 310 deals.
Time Warner Cable Inc. has cut 72 jobs from an office in Cypress, according to a filing with the state’s Economic Development Department.
Jay Burress had a lot of good news to go over on his first full year as president and CEO of the Anaheim/Orange County Visitor & Convention Bureau.
EDUCATION: $5M for center to speed up commercialization
University of California, Irvine, is creating a new campuswide center that aims to speed up commercialization of its research and support technology development.
TECHNOLOGY: Dissidents add three to gear maker’s board
Networking gear maker Emulex Corp. has a new Orange County-based chairman and three directors from outside the area.
Irvine-based printed circuit board maker Multi-Fineline Electronix Inc. will consolidate its factories in China and close a research and development center in the U.K. as part of a restructuring plan intended to return the company to profitability.
Garth Hogan, Newmark Grubb Knight Frank’s executive managing director of Global Healthcare Services;
Chase Bank is laying off 168 employees from its mortgage operations in Irvine by early March.