TECHNOLOGYRecent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
Franklin Data in Newport Beach acquired on undisclosed terms Scarab Consulting in Austin, Texas.
Microsemi Corp. in Aliso Viejo reported record sales in its fiscal year, and September quarter revenue and adjusted profits that narrowly topped Wall Street expectations.
MaxGen Energy Services LLC in Costa Mesa has acquired on undisclosed terms the commercial services unit of Next Phase Solar Inc. in Berkeley.
Irvine-based Blizzard Entertainment Inc. plans to establish a professional esports league for Overwatch, its team-based shooter game that attracts some 20 million players.
Microsemi Corp. in Aliso Viejo hired Bank of Montreal to find potential buyers for the company after Skyworks Solutions Inc., in Woburn, Mass., expressed interest in buying the company, according to a news report.
Revolution Aviation in Newport Beach has nearly doubled its space to store the company's aircraft at John Wayne Airport.
Inphi Corp. in Santa Clara agreed to buy ClariPhy Communications, Inc. in Irvine for $275 million plus debt.
The Lake Forest-based software development arm of Schneider Electric said it plans to acquire software development company MaxEAM in Burlington, Ontario, Canada. on undisclosed terms.
Hyundai Motor Co. and Kia Motors Corp. will pay $41.2 million to 33 states and the District of Columbia to settle an investigation of the automakers’ “2012 restatement of fuel economy ratings and related advertising.”
Porsche Motorsport North America has left Santa Ana for Carson, a move first announced in 2012.
Ricoh Electronics Inc. will eliminate more than one-third of its employment base at its Tustin headquarters as part of a global restructuring of manufacturing operations.
Irvine-based storage products maker Western Digital Corp. reported revenue and adjusted profits in the September quarter that beat Wall Street expectations.
Newport Beach-based Toba Capital invested in the booming eSports segment, co-leading a $5 million funding round for a Santa Monica company that runs tournaments and related events for amateur gamers.
Chapman University received a $2.5 million gift from the Kay Family Foundation to fund faculty and student research, projects and other activities in the field of data analytics, which is part of the growing field of “big data.”
Flatirons Solutions in Irvine acquired the assets of a Colorado company that specializes in flight operations software.