TECHNOLOGY

Ducommun Q3 Mixed, Invokes Restructuring

Santa Ana-based Ducommun Inc. reported mixed results for the third quarter and announced a restructuring plan.

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LoanDepot Starts JV

LoanDepot LLC, the nation’s second largest non-bank consumer lender, announced a joint venture with OfferPad, a real estate investment company, to speed up the process of mortgage approval.

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Microsemi in $130M Strategic Buy

Aliso Viejo-based Microsemi Corp. has reached a deal to acquire the timing device business of Vectron International for $130 million.

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Pickup Family Gives Hoag $15M

Hoag Memorial Hospital Presbyterian in Newport Beach received a $15 million gift for its neurosciences institute from longtime local philanthropists the Pickup Family Foundation.

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Legacy Brander Launches Sites

MerchSource LLC launched retail websites for its FAO Schwartz and 5th Avenue Bergdorf Goodman brands.

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Hyundai Names Ex-Toyota Exec COO

Hyundai Motor America Inc. named Brian Smith its chief operating officer.

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Automotive App Cuts Lending Deal

AutoGravity Corp. has another lender on its car-shopping app.

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HyperX Nets First NBA Sponsorship

The gaming division of Fountain Valley-based Kingston Technology Inc. has been named the official headset partner of the Philadelphia 76ers.

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Auto Industry’s Nordstrom

Worried you may not like your new ride the minute you park it in the garage? No problem, Hyundai Motor America Inc. will take it back within three days of purchase.

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Tech Vet Elevated at Ubiquity

Irvine-based Ubiquity, Inc. said Robert Fernander has been appointed chairman of its board of directors.

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Autobytel Rebrands

Autobytel Inc. in Irvine changed its name to AutoWeb Inc. and its Nasdaq stock ticker symbol to “AUTO.”

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September Sales Mixed for OC Automakers

A majority of Orange County-based automakers beat the national sales pace for new vehicles in September, according to New Jersey-based market researcher Autodata Corp.

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Smart Camera Co. Gets $5.4M

Opkix Inc. in Costa Mesa said it raised $5.4 million in Series A funding, and it now has a value of $90 million.

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CalAmp Up on Earnings

Shares of CalAmp Corp. (Nasdaq: CAMP), an Irvine-based maker of Internet-connected products, rose as much as 9.3% after reporting fiscal second-quarter revenue that topped analyst estimates.

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$20 million gift to Chapman

Chapman University said a $20 million gift from the Los Angeles-based W. M. Keck Foundation will name a future science building at its main campus in Orange as the Keck Center for Science and Engineering.

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