Orange County Business Journal

TECHNOLOGY

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

Allergan Ups Retinal Disease R&D With Collaboration

Will Work With Voyant on Possible New Drugs

Irvine-based Allergan Inc. is adding to its programs for potentially treating age-related macular degeneration.

Pair of Tech Companies Improve Cash Positions

Quantum, Netlist Avoid Delistings, Build Up

Two Orange County technology companies that faced delistings on the Nasdaq exchange last year have recently raised money in public offerings to shore up their cash positions.

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Clean Energy Misses Q4 Estimates

Newport Beach-based Clean Energy Fuels Corp. on Thursday reported revenue and adjusted profits for the fourth quarter that missed Wall Street expectations.

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New Center for Commercialization of Research at UCI

University of California, Irvine, has announced the establishment of its Institute for Innovation, the latest in the school’s efforts to foster entrepreneurialism and technology development that will help create commercial applications for the school’s research.

WD’s Final Hurdle on HGST Buy: China Regulators

TECHNOLOGY: 2-year wait nearly up, request on integration expected

Western Digital Corp. is expected to ask China’s government for approval to integrate the Hitachi Global Storage Technologies Inc. unit it acquired in a 2012 deal that had to pass muster with regulators in major markets around the world.

QLogic Gets Ethernet Boost on B’Com Buy

TECHNOLOGY: Market share to 18.8%, on par with chief rival

QLogic Corp.’s $209 million deal last week to acquire key Ethernet assets and licenses and engineers from Irvine-based chipmaker Broadcom Corp. provides a much clearer path for product development in a segment expected to have strong growth in the coming years.

Low-Profile Company Gets High-Profile Work, Value

TECHNOLOGY: DynTek benefits from industry shifts

Newport Beach-based technology service provider DynTek Inc., which has drawn little attention on Wall Street, is on a growth spurt as more businesses and public agencies aim to secure data and link employees’ personal devices with workplace equipment and systems.

Mobilitie to Equip Ram’s Stadium

Newport Beach-based Mobilitie LLC landed another major deal to outfit the home of the St. Louis Rams with a distributed antenna system at Edward Jones Dome in downtown St. Louis.

ADDENDUM

A bankruptcy judge approved Wanxiang America Corp.’s $149.2 million bid for the sale of Costa Mesa-based Fisker Automotive Inc. The offer by Wanxiang, part of China-based auto parts company Wanxiang Group Corp., beat Fisker’s senior secured lender, Hybrid Tech Holdings LLC, in the auction. Hybrid Tech is affiliated with Hong Kong billionaire Richard Li.

Samsung Widens Lead as Broadcom’s Biggest Customer

May Continue Gain With Latest Galaxy Release

Samsung Electronics Co. has distanced itself from smartphone rival Apple Inc. as Broadcom Corp.’s largest customer.

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M-Flex to Close China Factory, R&D in U.K.

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.

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Irvine Cybersecurity Company Raises $20M

Irvine-based cybersecurity software company Cylance Inc. raised $20 million from Blackstone Group LP in New York, Khosla Ventures and Fairhaven Capital, along with other private investors.

QLogic to Buy Some Broadcom Assets

QLogic Corp. has entered a deal with Broadcom Corp. to acquire certain Ethernet assets and non-exclusive licenses related to the technology for $147 million cash, the Aliso-Viejo company announced after the close of trading Tuesday.

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Mobilitie Lands Deal in St. Louis

Newport Beach-based Mobilitie LLC has landed another high-profile deal to outfit the home of the St. Louis Rams football franchise with wireless infrastructure.

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Fisker to Sell for $149.2M

Wanxiang America Corp.'s $149.2 million bid came out on top in an auction of bankrupt Costa Mesa-based luxury hybrid automaker Fisker Automotive Inc.'s assets, according to a court document filed Friday.