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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.
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.
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.
$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.
Irvine-based Ingram Micro Inc. reported a mixed third quarter in a report issued after the close of intraday trading today.
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.
Irvine-based Western Digital Corp. said it earned $283 million on revenue of $3.4 billion in its most recent quarter.
Costa Mesa-based Connectifier said it raised $6 million in Series B funding led by Goldcrest Investments LP in Dallas.
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.
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.
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.
Santa Ana-based MP Biomedicals LLC has been sold to Valiant Co., Ltd., in China for about $134 million.
Duke Energy Corp., one of the nation’s largest electric utility providers, has taken a majority stake in Irvine-based Phoenix Energy Technologies.
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.
Irvine-based Western Digital Corp. plans to buy Milpitas-based SanDisk Corp. for $19 billion in cash and stock.