Orange County Business Journal

TECHNOLOGY

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

Vizio Sticks With ‘Beautifully Simple’ for Marketing

MARKETING: Targets Hollywood with ultra-HD

Vizio Inc.’s marketing strategy for 2014 is just like its latest ad campaign: “beautifully simple.”

$2.6B Edison Mission Asset Sale Approved

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.

Microsemi Prevails in Lawsuit On Old Business Line

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.

Top Minority-Owned Businesses Reach $12.8B in Revenue

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.

Company’s Tough Computers Produce Steady Growth

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.

10 OC Residents Make Top Billionaire List

Ten of Orange County’s wealthiest were named on Forbes’ latest list of top billionaires in the world.

Lantronix Wows With Cool Products It Helps Power

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.

Volume Here Bucks Nat’l Trend for 3% Jump on 310 Deals

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.

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Time Warner to Shift 72 Sales Jobs From Cypress

Time Warner Cable Inc. has cut 72 jobs from an office in Cypress, according to a filing with the state’s Economic Development Department.

Burress by the Hour; Doti’s Roadmap; Bealls’ Starry Night

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.

Beall Foundation Gives UCI Boost on Tech Transfer

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.

New Emulex Chair; McCluney to Octane

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.

M-Flex to Consolidate in China, Close UK R&D

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.

Fundraising and All That Jazz

Garth Hogan, Newmark Grubb Knight Frank’s executive managing director of Global Healthcare Services;

ADDENDUM

Chase Bank is laying off 168 employees from its mortgage operations in Irvine by early March.