Orange County Business Journal


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

Vizio Reconsiders Role of Computers in Brand’s Lineup

TECHNOLOGY: Cites weak PC sales, mum on next step

Vizio Inc.’s line of personal computers hasn’t generated the sort of buzz that helped power the quick rise of its high-definition, flat-screen TVs and soundbars.

Vans Props for Secret Missions in New Skate Line Ad

Rapidweld ‘S’ Pack Shoes Celebrate Skating Lifestyle

Vans Inc.’s new skate line, Rapidweld “S” Pack, pays “homage to a culture of classified missions led by the military, the Air Force and beyond.”

Investors Like Package-Access Startup to Tune of $1M

Ex-Irvine Co. Exec Had Idea as Managed Rentals

An Irvine startup that uses electronic lockers and proprietary software to store and access delivered packages has raised more than $1 million from Tech Coast Angels investors as it expands operations beyond Southern California.

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Auto Sales Leads Firm Reports Q2 Revenue

Autobytel Inc. said its second-quarter revenue was $25.9 million, up about 46% from the $17.8 million it posted a year ago but under the $27 million in revenue analysts expected from the Irvine-based automotive sales leads generator.

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Newport Beach Biopharmaceutical Company Raises $13.6M

Newport Beach-based Cold Genesys Inc. said it received $13.57 million in first round of funding.

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SJC Cloud Specialist Raises $3.5M

San Juan Capistrano start-up GenieDB Inc. has raised $3.5 million, according to a filing with the Securities and Exchange Commission.

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Western Digital’s June Quarter Beats Wall Street

Irvine-based storage products maker Western Digital Corp. on Wednesday reported revenue and adjusted profits in the June quarter that beat Wall Street expectations.

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Jackson Asks for Broadcom’s Data on Race, Gender of Employees

Irvine-based chipmaker Broadcom Corp. is among the latest large technology companies to be pressured to provide employment data on race and gender as concerns rise over diversity in the influential sector.

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NB Investor in $3M Deal for App Developer

Newport Beach-based private equity investor Kodiak Capital Group LLC has made a $3 million commitment to fund Eventure Interactive Inc. in Costa Mesa, a developer of social communications-oriented mobile applications.

What’s on Broadcom’s Drawing Board?

Great Park Campus Could Fit Thousands More Workers

The Great Park office campus designed to hold the new headquarters of Broadcom Corp. suggests that the chipmaker—currently in the midst of cutbacks—could be preparing to add several thousand jobs in Orange County over about the next five years.

Broadcom Backs Off Baseband Business

Irvine-based chipmaker Broadcom Corp. last week offered some details on its plans to cut about 20% of its workforce and consolidate or close 18 locations around the world as part of a restructuring plan prompted by the wind down of its unsuccessful baseband business.

Red Digital Takes Its Fancy Camera Work to YouTube

Channel Features Videos Shot With Red Equipment

No one is too good for YouTube. Red Digital Cinema Camera Co. in Irvine has launched an official YouTube channel, Shot on Red, which features 29 videos produced with the company’s 4K-resolution digital still and motion cameras.

Western Digital’s Share of SSD Market Safe for Now

Google, Amazon Entries Likely No ‘Big Problem’

Google Inc. and’s recent entrance into the emerging solid-state drive market doesn’t appear to pose an imminent threat to Irvine-based memory products maker Western Digital Corp. or its Cupertino rival, Seagate Technology Inc.

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Ingram Beats Revenue, Profit Targets in Q2

Santa Ana-based Ingram Micro Inc. on Thursday reported second-quarter revenue and adjusted profits that beat Wall Street expectations.

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Newport Corp. Buys Israeli Laser Maker

Irvine-based Newport Corp., which makes lasers and related equipment, has acquired an Israeli company that specializes in fiber lasers.