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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Irvine Startup Gets $6M

Irvine-based startup Pop has raised $6 million in venture capital funding. The company develops a mobile application called POPin, which aims to provide a “crowd-solving” platform to enable input sharing among employees, customers and others.

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WD, Unisplendour Form China JV

Irvine-based Western Digital Corp. will sell its data center storage systems through a joint venture with Beijing-based Unisplendour Corp. Ltd.

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Quality Systems Names Margolis Chairman

Irvine-based Quality Systems Inc. said today that Jeffrey Margolis is its new chairman.

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Hyundai Launches Luxury Brand

Fountain Valley-based Hyundai Motor America Inc. today launched a standalone brand of premium vehicles named after its Genesis luxury sedan.

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Blizzard Loses 100K Subscribers

Irvine-based Blizzard Entertainment Inc. posted another subscription loss in its flagship World of Warcraft franchise, but the third-quarter drop was overshadowed by Santa Monica parent Activision Blizzard Inc.’s $5.9 billion takeover of King Digital Entertainment PLC.

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PMC Rejects Microsemi Bid

PMC-Sierra Inc. has rejected the latest buyout offer of $2.4 billion from Aliso Viejo-based chipmaker Microsemi Corp.

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Irvine IT Provider Sold

Irvine-based IT provider Synoptek LLC has been acquired by San Francisco private equity firm Sverica Capital Management LLC.

Telogis Sees Future In Apps Made With Apple

TECHNOLOGY: Mobile products aimed at B2B customers

Aliso Viejo-based logistics software maker Telogis Inc. is placing a big bet on mobile apps in a new partnership with Apple Inc.

Pot Products Maker Grows Like a Weed

Terra Tech Sales Up 754%, Largely On Cannabis Demand Surge

Terra Tech Corp.’s crops of basil, oregano, thyme, parsley and lettuce are a steady line of business, but the Newport Beach-based company’s newer line of products derived from another leafy green is the big growth driver.

Software Maker Raises $85M in Round

Irvine-based analytics software maker Alteryx Inc. raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York. Palo Alto-based Meritech Capital Partners also participated.

Ad Agency Sets Upcoming Shopping Center Apart

Spots Show HB Affords ‘Real’ Vibe to Pacific City

Pacific City in Huntington Beach is scheduled to open to the public on Nov. 7, according to its developer, DJM Capital Partners in San Jose.

Microsemi Deal for Chipmaker Would Be Its Biggest

$2.2B Offer About 4 Times PMC-Sierra’s Annual Sales

Aliso Viejo-based Microsemi Corp.’s $2.2 billion bid to acquire Sunnyvale chipmaker PMC-Sierra Inc. is the latest deal in the sizzling chip sector, which has already seen record activity this year.

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Mixed Q3 for Ingram

Irvine-based Ingram Micro Inc. reported a mixed third quarter in a report issued after the close of intraday trading today.

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Brandman Puts $2M in Online Ed Co.

Brandman University in Irvine will invest $2 million of its endowment in the company that provides the online platform for a new degree program the school launched last month.

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WD Earnings, Shares Down

Irvine-based Western Digital Corp. said it earned $283 million on revenue of $3.4 billion in its most recent quarter.