Orange County Business Journal

TECHNOLOGY

Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...
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OC-Based Carmakers’ January Mixed

Two out of four Orange County-based automakers exceeded the national sales pace for new vehicles in January, according to New Jersey-based market researcher Autodata Corp.

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Broadcom Acquisition Closes

Broadcom Corp.’s $37 billion sale to Avago Technologies Inc. in Singapore closed today, ending the Irvine chipmaker’s 20-year history as a locally based company.

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WDC In-line in Q2 Amid PC Decline, Plant Closure

Irvine-based storage products maker Western Digital Corp. after the close of trading reported December quarter revenue in line with Wall Street expectations and adjusted profits that narrowly beat estimates.

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Quality Systems Reports Results, Names CTO

Irvine-based Quality Systems Inc. reported financial results that missed Wall Street expectations for the three months ended Dec. 31.

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Software Maker Gets $10M

Irvine-based security software maker SecureAuth Corp. has raised another $10 million and expanded operations to the Beltway.

Device Maker Axonics Gets $38 Million

Irvine-based Axonics Modulation Technologies Inc. raised $38.5 million in Series B financing.

DC Shoes, Retailer Rev Up Supercross Sponsorship

Brand Teams With Journeys for ‘16 Contests

Quiksilver Inc.’s DC Shoes brand has partnered with the Journeys retail chain as the exclusive footwear sponsor of the 2016 American Motorcyclist Association Supercross season.

Soft PC Sales Put Damper on Western Digital’s 2015

Storm of Issues Precipitates 45.8% Share-Price Drop

Another sobering report on PC shipment sales underscores the lumps Irvine-based disk drive maker Western Digital Corp. took on Wall Street last year.

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Recyclable Foam Maker Gets Investors

PLUSfoam Compound Technologies LLC in Newport Beach received an undisclosed investment from Acorn Innovestments and the Noël Group.

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Software Maker Plans to Hire 200

Smart Utility Systems today announced plans to add 200 workers this year at its new headquarters in Irvine and an international expansion plan with new offices in Asia.

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OC Deals Hit $500M in Q4

Orange County entrepreneurs received more than $529 million in venture capital spread across 12 deals in the fourth quarter, said Dow Jones VentureSource.

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Strathspey Crown Buys Nevada Firm’s Assets

Newport Beach-based Strathspey Crown Holdings LLC bought the portfolio companies of Incline Village, Nevada-based Novus Via LP on undisclosed terms.

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Kia Shows Full-Size SUV Concept

Irvine-based Kia Motors America Inc. showed a full-sized sport utility vehicle concept car called Telluride at the North American International Auto Show in Detroit.

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Ricoh Buys CM Printer Maker

Tokyo-based Ricoh Co. has acquired an industrial printer maker in Costa Mesa.

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NextVR NBA Broadcast Tonight

Laguna Beach startup NextVR Inc. will broadcast the Chicago Bulls-Boston Celtics game tonight in virtual reality at a private event at the Cosmopolitan of Las Vegas.