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Irvine-based Razer Inc. sold a 5% stake in the gaming technology company for $75 million to China-based LianLuo, an affiliate of Hangzhou Liaison Interactive Technology, news reports and Hangzhou said.
Irvine-based Newport Corp. has agreed to a $980 million all-cash sale to Massachusetts-based MKS Instruments. The deal is expected to close in the second quarter.
Irvine-based Western Digital Corp. said a unit of China-based Unisplendour Corp. Ltd. would not buy a 15% stake in the storage products maker for $3.8 billion after a U.S. government agency said the deal would undergo a formal review.
Newport Beach-based United Capital Financial Advisers LLC has acquired FlexScore, a financial technology product designed to help customers.
One of Western Digital Corp.’s largest investors plans to vote against its $19 billion takeover of Milpitas-based SanDisk Corp. at a special shareholders meeting next month.
Irvine-based Quality Systems Inc. appointed James Arnold Jr. to the post of chief financial officer, effective March 1.
Children’s Hospital of Orange County has joined the Cancer Moonshot 2020 initiative designed to speed development of cancer cures through immunotherapy.
Ingram Micro Inc. shares surged more than 21% in midday trading after the Irvine-based company said it’s set to be sold for $6 billion to a Chinese conglomerate.
Laguna Beach-based NextVR Inc. will broadcast virtual reality content in a five-year agreement with Fox Sports.
AUTOS: Super Bowl image ad set stage for upcoming campaign
Fountain Valley-based Hyundai Motor America Inc.’s advertising splash during Super Bowl 50 was a setup for a new branding campaign that’s scheduled to be in full swing come spring.
San Jose-based Broadcom Ltd. will slash nearly 700 employees in Irvine as part of a nationwide cost-cutting plan under Chief Executive Hock Tan.
Angel Investors Start Due Diligence on Pair of Startups
The Cove Fund I selected two startups to move on to the next stage—due diligence—after hosting a pitch session on Jan. 26.
Wants to Focus on Buys Pipeline Without Equity
San Clemente-based CareTrust REIT Inc. is keeping itself busy as February unfolds by reworking its credit, paying off debt and making deals.
Would Introduce Player Vetting, Operator Licenses
Daily fantasy sports operators and fans in California notched a big win at the state legislature late last month that would pave a path to regulating a booming segment of the gaming world.
Not Everything in Works In First Phase of Campus
Recent job cuts at Broadcom Corp.’s local operations following its sale to Avago Technologies Ltd. appear to fall in line with the construction seen so far at the chipmaker’s new office campus being built at Great Park Neighborhoods in Irvine.