Orange County Business Journal


Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Pot Products Maker Grows Like a Weed

Terra Tech Sales Up 754%, Largely On Cannabis Demand Surge

Terra Tech Corp.’s crops of basil, oregano, thyme, parsley and lettuce are a steady line of business, but the Newport Beach-based company’s newer line of products derived from another leafy green is the big growth driver.

Software Maker Raises $85M in Round

Irvine-based analytics software maker Alteryx Inc. raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York. Palo Alto-based Meritech Capital Partners also participated.

Ad Agency Sets Upcoming Shopping Center Apart

Spots Show HB Affords ‘Real’ Vibe to Pacific City

Pacific City in Huntington Beach is scheduled to open to the public on Nov. 7, according to its developer, DJM Capital Partners in San Jose.

Microsemi Deal for Chipmaker Would Be Its Biggest

$2.2B Offer About 4 Times PMC-Sierra’s Annual Sales

Aliso Viejo-based Microsemi Corp.’s $2.2 billion bid to acquire Sunnyvale chipmaker PMC-Sierra Inc. is the latest deal in the sizzling chip sector, which has already seen record activity this year.

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Mixed Q3 for Ingram

Irvine-based Ingram Micro Inc. reported a mixed third quarter in a report issued after the close of intraday trading today.

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Brandman Puts $2M in Online Ed Co.

Brandman University in Irvine will invest $2 million of its endowment in the company that provides the online platform for a new degree program the school launched last month.

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WD Earnings, Shares Down

Irvine-based Western Digital Corp. said it earned $283 million on revenue of $3.4 billion in its most recent quarter.

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Connectifier in $6M Funding Round

Costa Mesa-based Connectifier said it raised $6 million in Series B funding led by Goldcrest Investments LP in Dallas.

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Tech Maker Sold for $230M

Santa Ana-based Secure Technology Co. was sold to Benchmark Electronics Inc. for $230 million in cash by its private equity owner, Vance Street Capital LLC.

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Irvine Software Maker Gets $85M

Irvine-based analytics software maker Alteryx Inc. has raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York.

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Telogis Inks Apple Deal

Aliso Viejo-based logistics software maker Telogis Inc. has struck a deal with Apple Inc. to enhance vehicle and workforce related apps for the consumer electronics giant’s line of iPhones and iPads.

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China Co. Buys Milan Panic's Biomed Firm

Santa Ana-based MP Biomedicals LLC has been sold to Valiant Co., Ltd., in China for about $134 million.

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Irvine Software Maker Sells Stake

Duke Energy Corp., one of the nation’s largest electric utility providers, has taken a majority stake in Irvine-based Phoenix Energy Technologies.

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Quality Systems Sells Hospital Unit

Irvine-based Quality Systems Inc. sold the hospital software division of its NextGen Healthcare subsidiary to Reston, Va.-based QuadraMed Affinity Corp. A purchase price was not disclosed.

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WD to Buy SanDisk for $19B

Irvine-based Western Digital Corp. plans to buy Milpitas-based SanDisk Corp. for $19 billion in cash and stock.