HEALTHCARE: Shares up 13% this year after rugged 2013
Investors are once again taking a shine to Irvine-based Edwards Lifesciences Corp. after a tough 2013.
HEALTHCARE: East Coast investor nominates 4 to board
Irvine-based medical device maker Biolase Inc. is facing the prospect of a proxy fight with its largest shareholder.
MARKETING: On lookout for acquisition opportunities
Autobytel Inc. is nowhere near the 1999 heyday when the company’s market value hovered around $285 million.
FINANCE: Firm aims to capitalize on industry changes
Fast-growing mortgage lender loanDepot. com LLC has tapped industry veteran and former Nationstar Mortgage LLC executive David Norris as president and chief operating officer.
REAL ESTATE: Biggest industrial spec sale in years
A recently built industrial facility in Anaheim just outside the Platinum Triangle has been sold to a logistics company that is expanding its local operations.
Anaheim-based food packaging company L&L Foods Inc. is planning to open a $3.1 million distribution facility in Wilmington, Ohio.
A private equity firm in Palo Alto acquired a majority stake in Irvine-based software developer AutoAlert Inc. on undisclosed terms.
San Juan Capistrano-based network camera manufacturer IQinVision agreed to merge with Vicon Industries Inc. in Edgewood, N.Y., in an all-stock transaction.
Irvine-based American Restaurant Holdings Inc., an investor in restaurants and food manufacturing companies, acquired Canyon Fireside Grille on undisclosed terms.
Bluewater Grill Veteran Shared Passion With Smile
Orange County lost a beautiful person and passionate chef last month in Brian Hirsty, executive chef of the Bluewater Grill restaurants. He was only 48, and though he had a rare bone marrow disease, his death was completely unexpected.
Foothill Ranch-based Oakley Inc. is now the official eyewear sponsor of Little League Baseball and Little League Softball. Terms of the sponsorship were undisclosed, but similar partnerships have helped “maintain low team affiliation fees and provide valuable training, educational resources and expertise,” the company said.
Sample Ranges From 94% to 98% of Asking
Sellers of luxury homes have been pricing them closer to new market levels since the pace of sales slowed late last year after rapid acceleration in the first half of 2013
April 7, 2014
This week's business and other event listings
Richard Kruper sold an industrial building to Noel Shenoi in Orange for $1.5 million.
$2B Deal on Heals of Google Hookup With Oakley
Orange County gave Silicon Valley and the rest of the world plenty to talk about in a 24-hour burst last week.
Shutterbug Built Olloclip Business With Persistence, Help From Unforseen Events
Three years ago, Patrick O’Neill was making the final tweaks on a prototype double-sided camera lens that users could attach to their iPhone 4s.
REAL ESTATE: Homebuilder raises $345 million with land sales
City Ventures Inc. has shown that there are other ways to raise money, even as some fellow Orange County-based homebuilders have opted to join a recent trend of initial public offerings.
REAL ESTATE: $110M buy eyed for creative makeover, near new stadium
Irvine-based Bixby Land Co. has bought a seven-building office campus in Silicon Valley, the commercial real estate developer and investor’s largest acquisition in nearly seven years.
HONORS: Auto Club chairman due in D.C. for this week’s ceremony
Life got more humbling for Thomas McKernan as this week’s Horatio Alger Award ceremony in Washington, D.C., approached.
Facebook Inc.’s eye-popping $2 billion acquisition of Irvine startup Oculus VR Inc. is a long-term bet on the future of computing, Mark Zuckerberg told analysts last week.
No cynics allowed here, but give a bit of room for some healthy skepticism on Facebook’s $2 billion deal for Irvine-based startup Oculus VR.
REAL ESTATE: Landlord seeks biggest jumps since recession
The Irvine Company, Orange County’s dominant office landlord, appears to be undertaking its most aggressive office rent hikes for its local buildings in years.
EDUCATION: Drug maker gives Chapman program $500K
Chapman University’s new School of Pharmacy is offering a five-year, fast-track path to a doctor of pharmacy degree with the help of a $500,000 grant from the Allergan Foundation, the charitable arm of Irvine-based drug maker Allergan Inc.
EDUCATION: No immediate shift planned at Orange campus
Chapman University’s board of trustees named Chancellor Daniele Struppa “presidential designate,” making him the eventual successor to President Jim Doti.
From Recapitalization to $4B in Assets, Eye on More
Stephen Gordon was unabashedly proud of the company he kept at the Business Journal’s 13th Annual Excellence in Entrepreneurship Awards.
Sunil Tolani Eyes Coast-to-Coast Portfolio of Hotels
A U.S. map on the wall of Sunil Tolani’s office in Fullerton is dotted with pushpins marking the hotels his company owns and operates.
Incipio’s Fast Growth Keeps Fathollahi Busy
Andy Fathollahi characterized Incipio Technologies Inc. as “the famous case maker that makes everything and cases.”
Planning Helped Yogurt Chain Take Off, Founder Refocuses That Skill
Phillip Chang stepped down as chief executive of Irvine-based Yogurtland Franchising Inc. at the end of last year, but he’s not slowing down.
Irvine-based Axonics Modulation Technologies Inc. completed a $32.5 million first round of financing.
The parent of Element Skateboards promoted from within for the job of global general manager at the Costa Mesa-based brand.
A new website of the Orange County Visitors Association promoting the county’s tourism industries and attractions to Chinese travelers is now running.
Newport Beach resident Marlan Bourns, whose inventions were instrumental in the Apollo 11 moon landing and the Mars Rover expedition, died this month. He was 93.
The Defense Advanced Research Projects Agency in Arlington, Va., awarded Boeing Co.’s operations in Huntington Beach a $30.7 million contract to support development of a system to use aircraft for satellite launches at a cost savings compared to rocket-fueled launches.
Retirement Benefits Group, for the 15th consecutive year, sponsored the PGA Tour stop at the 20th Annual Toshiba Golf Classic, led by principals Michael Castner and Gary Josephs.
About $18B In Sales, Leases Result In Nearly 14% Jump
Orange County’s largest commercial brokerages continued to benefit from investor interest in local properties in 2013, and to a lesser extent, tenant demand.
Two Dominate, Group Combines for 8.7% Jump
A flurry of large office purchases by institutional investors, a smattering of development, and new out-of-town accounts helped boost the bottom lines of Orange County’s largest commercial property managers last year.
Partners With City to Give Back to Fans, Donates $2M
The Vans Off the Wall Skatepark in Huntington Beach opened March 22, thanks to a $2 million investment from the Cypress-based shoe and apparel company.