Orange County Business Journal


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

EON Puts $20 Million Into VR Center in Mexico

TECHNOLOGY: Education push includes augmented reality

Irvine-based software maker EON Reality Inc. hopes to keep its growth up by bringing virtual and augmented reality content to the masses through an aggressive international plan centered on education and awareness.

Blizzard Signs Deal With Facebook

Irvine-based Blizzard Entertainment Inc. announced a partnership with Facebook Inc. that aims to connect millions of gamers while boosting content on the world’s largest social network.

Brunt of Western Digital Cuts Come in Silicon Valley

SanDisk, HGST to Bring About $1B in Savings

Western Digital Corp.’s massive integration of SanDisk Corp. and HGST already has led to more than 500 job cuts in the past month, and more are expected.

Keirstead Buys Back In on Stem Cells

Orange County stem cell entrepreneur Hans Keirstead refers to his newly established biotechnology company as a “startup with mature assets.”

$100M Raise Points to Cybersecurity Niche

The $100 million raised by Cylance Inc. last week highlights the booming demand for software security needed to thwart malicious cyberattacks in the public and private sectors—and the growing appetite of venture capitalists to fund Orange County-based businesses that are taking on the challenge.

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Ubiquity Restructures

Nicholas Mitsakos today was named interim chief executive of Irvine-based Ubiquity Inc. as part of its corporate restructuring.

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Cylance Raises $100M

Irvine-based security software maker Cylance Inc. has raised $100 million in a Series D funding round led by Blackstone Tactical Opportunities and Insight Venture Partners.

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Sniper Scope Maker in $81M Contract

Irvine-based N2 Imaging Systems LLC has been awarded a five-year, $81 million Defense Department contract to develop and manufacture sniper scopes.

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Blizzard-Facebook Tie-In

Irvine-based Blizzard Entertainment Inc. today announced a partnership with Facebook Inc. that aims to connect millions of gamers while boosting content on the world’s largest social network.

Inventory of Experts

Wing of UCI Incubator Roster Includes 400 ‘Experts-in-Residence’

Startup Flyt turned to Dan Jenkins when it needed a mentor.

Oculus Buttons Up Last Operations at Original HQ in Irvine

TECHNOLOGY: Software team will head to Silicon Valley

Oculus VR Inc., a trailblazer that put Orange County on the virtual reality map, has moved the last remnants of its local operation to Silicon Valley.

PE Firm Sells Electronics Supplier

Newport Beach-based Windjammer Capital Investors, one of Orange County’s long-standing private equity firms, sold Irvine-based electronics components supplier Infinite RF Holdings Inc. on undisclosed terms to San Francisco-based private equity firm Genstar Capital.

Software Maker Takes in $1.4 Million

San Juan Capistrano-based data-analysis software maker NarrativeWave Inc. received $1.4 million in new funding, bringing its cumulative amount raised to $2 million.

Toshiba Chief Nominee Had Six-Year Tenure in OC

37-Year Company Vet Ran Medical Systems Unit

The executive in line to take over Toshiba Corp.’s struggling global operation and tarnished brand spent six years in Orange County leading a key U.S. unit based in Tustin during his long tenure with the Japanese conglomerate.

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Data Analytics Company Launches

A Frost Data Capital data analytics startup officially launched today.