WEEKLY EDITION
Sage Turns Page
Software Maker’s Irvine HQ Poised for Growth Amid Consolidation, RefocusSage North America’s next act: addition by subtraction May 18, 2013 midnight $$ Share
Ads’ Aim: Put Recession in Rear-View Mirror
RGP Wants More Than “Modest Growth”
RGP is putting some kick into its marketing with an advertising campaign that includes its first-ever TV spots to go with print and radio buys.
Will ICU Draw Next $1B Deal in OC’s Device Sector?
HEALTHCARE: No shortage of suitors seen; $234M pile of cash
San Clemente company might be the next major deal in OC’s medical device sector
Nielsen Expositions to Stay in Orange County
SERVICES: Private equity firm plans growth after $950M buy
Nielsen Expositions will keep its headquarters in Orange County and pursue strategic acquisitions under Toronto-based private equity firm Onex Corp.
Irvine Office Might Be Year’s First to Top $100 Million Mark
REAL ESTATE: Industry sources expect high rise to reach benchmark
2030 Main Street office likely to be OC’s first building to trade hands for more than $100M this year
Will ICU Have a Ball With Sale Talk? Mike Makes $5M Statement
OC INSIDER Column by Jerry Sullivan
Retail Development Revs Up in Laguna Hills
REAL ESTATE: Upscale demographics draw renovations
Retail construction in Orange County has been a rarity over the past three years, but the city of Laguna Hills appears ready to make up for lost time.
Toba in $12M Round for Big Data Analytics Firm
TECHNOLOGY: Second OC investment for Smith’s VC firm
The venture capital firm launched by former Quest Software Inc. Chief Executive Vinny Smith has invested in its second local company.
Bixby Land Co. On Office-Redos Roll
REAL ESTATE: Local projects joining those in Silicon Valley
The Irvine-based real estate investor and developer has found a niche of late as something of an office fixer-upper
Employment Agencies Post Smaller Gain Amid Job Growth
THE LIST: Combined revenue up for 3rd year; Select Staffing No. 1
Includes the 2013 OC's LARGEST EMPLOYMENT AGENCIES list for download (pdf)
Drones Startup Gets $10.7 Million
Airware, a Newport Beach startup that makes operating system software for commercial drones, raised $10.7 million in its first funding round.
William Lyon IPO Raises $217.5M
Shares of Newport Beach-based William Lyon Homes traded above their offering price on the day of the company’s initial public offering last Thursday.
Reports: Billabong Executives Depart
Executives at Billabong International Ltd.’s namesake and other brands reportedly left the company as possible sale talks drag on
Edwards Lifesciences in Stock Buyback
Irvine-based Edwards Lifesciences Corp. said last week that its board authorized a $750 million buyback of its stock.
Women-Owned Businesses Wanted for Annual List
ECONOMY: Subject of special report scheduled for July 8
The Business Journal is looking for Orange County-based companies that are at least 51% women-owned for our upcoming list of women-owned businesses.
PHILANTHROPY
PHILANTHROPY Column by Kim Haman
ADDENDUM - May 20, 2013
Other news items of interest from the Orange County Business Journal
New Life for Old Gym Part of Creative-Office Trend
Investors With Cash Grow Keen on Collaborative Space
SPECIAL REPORT-COMMERCIAL REAL ESTATE: Not your father’s office
Signs of Stability Showing for Retail
RETAIL SPACE
SPECIAL REPORT-COMMERCIAL REAL ESTATE: Retail Space
Quality Lays Out New Approach, $1 Billion Goal
Aims to Grow Sales, Doing More Revenue Management
Irvine-based Quality Systems Inc. showed off several aspects of its business this month at an analyst meeting, in Healthcare.
Asics National Campaign Touts New Collection
“Next” Features Training Gear, Athletes, TV Time
Asics America Corp. of Irvine is kicking off a national advertising campaign called “Next” to promote the athletic apparel manufacturer’s new collection designed for training, in Media and Marketing.
Venture Capital Conference Aims to Grow Numbers
Organizers Expect More People From Across State
This week’s presenting companies at Octane’s annual VC in the OC conference are hoping to match the fundraising success of last year’s group, in Technology
CBC Alliance Grows OC Operations With Local Buy
Strikes Deal With Bridge Commercial Properties
Coldwell Banker Commercial Alliance is beefing up its local operations by acquiring another area brokerage with a niche in representing smaller businesses, in Real Estate
REAL ESTATE DEALS - May 20, 2013
Sales and leases of offices, industrial buildings, retail space and apartments
By the Numbers - Businesses in Laguna Hills
There are more than 1,700 businesses in Laguna Hills, and they collectively employ about 17,800 people. Includes analysis, charts and figures.
Reset or Riptide?
Quiksilver, Billabong Look to Get Back on Track
Two of the surfwear industry’s largest companies—Quiksilver and Billabong—stand at a crossroads, and executive turnover among other changes may be keys to finding their way.
OC 50: New Faces of Influence
Biggest Turnover in 21-Year History
This year’s OC 50 has an unprecedented infusion of new blood.
Western Digital Makes Strides on Strategic Shift Beyond PCs
TECHNOLOGY: Corporate sector, cloud to claim more than half of sales
Western Digital Corp.’s strategy to diversify product offerings into the corporate sector and cloud has distanced the Irvine-based company from its long-held reliance on a PC market in long-term decline.
OC 50: Influences—and Influentials— From All Over
OC INSIDER by Jerry Sullivan
Family to Resume Control of Lyon Homes
REAL ESTATE: Value of homebuilder could top $700M
Irvine CoA planned return to the New York Stock Exchange for William Lyon Homes will put the Newport Beach-based homebuilder’s namesake family back in charge of its operations.mpany hikes homebuilding, apartment execs
Irvine Co. Hikes Homebuilding, Apartment Execs
REAL ESTATE: New president posts reflect building boom
The boom in development for Irvine Company’s homebuilding and apartment divisions has led to a reshuffling of executive duties at the Newport Beach-based real estate company.
Link, Mazzo Set to Headline for Octane
HEALTHCARE: Co-chairs of summit on ophthalmology
A couple of high-profile vets of OC’s medical device sector have put their names behind summit
CJ Foods Follows Fullerton Plant With New HQ in La Palma
MANUFACTURING: Korean food maker now in Commerce
Korean food company CJ Foods Inc. plans to move its corporate headquarters from Commerce to La Palma this summer.
Vehicle Manufacturing Startup Plans Move to Riverside
Newport Beach-based startup Green Automotive Co. has been plenty busy lately, thanks in part to recent orders for hundreds of shuttle buses to be delivered in two years.
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