Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
San Jose-based Broadcom Ltd. will slash nearly 700 employees in Irvine as part of a nationwide cost-cutting plan under Chief Executive Hock Tan.
TECHNOLOGY: New products in position to ride brand’s wave
Broadcom Corp. rode the Apple wave for years, growing fast on sales of connectivity chips that powered Wi-Fi, GPS and Bluetooth applications for the iPhone and other devices.
TECHNOLOGY: Chipmaker’s top executives yield to Avago vets
Chief Executive Hock Tan cleared out nearly the entire management team at Broadcom Corp. following last week’s close of Avago Technologies Ltd.’s $37 billion buy of the Irvine-based chipmaker.
TECHNOLOGY: LoJack adds to satellite-heavy CalAmp’s line
CalAmp Corp.’s latest acquisition strengthens the company’s long-running diversification strategy crafted by Chief Executive Michael Burdiek.
Co-Developed Product To Be Unveiled This Year
Netlist Inc.’s new joint venture with the world’s largest electronics company paves a path to produce a new hybrid storage-class memory product geared for cloud computing, big data, and server and storage customers that could ultimately reshape the Irvine-based company’s story on Wall Street.
One of China’s largest sheet metal suppliers is set to acquire Irvine-based printed circuit board maker Multi-Fineline Electronix Inc. for $610 million.
Tustin-based smartphone battery case maker Mophie Inc. has been acquired for at least $100 million by rival Zagg Inc. in Utah.
Irvine-based Kurion Inc., which played a key role in stabilizing the contaminated Fukushima Daiichi Nuclear Power Plant in Japan nearly four years ago, has been sold for $350 million to Paris-based nuclear cleanup specialist Veolia.
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.
TECHNOLOGY: Strategy hinges on voice of North American HQ
A 12-man team at the Irvine headquarters of Kia Motors America Inc. is a key part of a global engineering and development effort to bring an autonomous vehicle to the market by 2030.