Chris Casacchia

Technology Editor/Reporter

Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at casacchia@ocbj.com.

Email: casacchia@ocbj.com
Phone: 949-833-8373 Extension: 225

Recent Stories

Alteryx Beats in Q4

Irvine-based Alteryx Inc. reported fourth quarter revenue and operating income that topped Wall Street expectations, with shares trading 17% higher after the release of the results.

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Philly’s Nick Foles Spreads Cheer to Laguna Hills

SPORTS: Agency Athletes First, QB client just got busy

Justin Schulman’s phone hasn’t stopped ringing since his client pulled off one of the most stunning performances in Super Bowl history.

Kofax Seizes On Growing Hunger for Automation

TECHNOLOGY: Declares 2018 ‘Year of the Robot’

A 2013 acquisition laid the foundation for Kofax Inc.’s fastest-growing line of business as corporations seek to replace human workers with automated software in the digital age.

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Ingram Micro Says It’s Insulated From Parent Troubles

HNA Group in Cash Crunch; Debt Going Up

The ongoing financial troubles of HNA Group won’t affect operations of Ingram Micro Inc., the company told the Business Journal.

Qualcomm Rejects $121B Broadcom Bid

The board of Qualcomm Inc. today unanimously rejected Broadcom Ltd.’s latest unsolicited cash and stock bid of $121 billion, or $82.00 per share.

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TTM Down on Q1 Outlook

Shares of TTM Technologies Inc. declined about 3% to a $1.5 billion market cap after the Costa Mesa-based company provided an outlook on adjusted profits this quarter that were below Wall Street expectations.

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Hill Climber

Her Resume is Loaded, Stellar, and Slated to Add One More Big Name

In a meeting last month at Broadcom Ltd.’s San Jose headquarters, Hock Tan asked Julie Hill why she wanted to join a board takeover of rival Qualcomm Inc.

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Microsemi for Sale? It’s Reportedly Pondering a Deal

Bank Apparently Helping Chipmaker Mull Options

Chatter is picking up again that Microsemi Corp. is exploring options, including a possible sale.

Irvine Manufacturer Sold for $235M

Irvine-based FMH Aerospace has changed hands for the second time in less than three years.

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One Identity Lonely Cyber Firm No More

One Identity LLC, a key element in Quest Software’s 2012 blockbuster sale to Dell Inc., which made Vinny Smith a billionaire, has closed its first acquisition as a stand-alone company.

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Kingston Says Customization Name of Gaming Game

Debuts Synchronized Memory Module Lights

Another first for Kingston Technology Inc.

Salaam Heisman Fetches Nearly $400K

Rashaan Salaam’s Heisman Trophy attracted nearly $400,000 in an auction run by Laguna Niguel-based SCP Auctions.

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Autos Lead Modest Pace of Jobs Growth

Top Foreign-Owned Cos. Still Show Some OC ‘Braun’

Orange County’s automakers helped drive a modest uptick in employment last year among the largest foreign-owned companies with major operations here.

New Owner, New Ingram One Year After Buyout

Life hasn’t changed much for Ingram Micro Inc. since it was taken private a year ago for $6 billion by Chinese conglomerate Tianjin Tianhai Investment Co.

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Acorns Gets Fresh Fuel; Talked Up as Possible Exit

TPG Fund Gives Secret Figure, Its First in Fintech

Irvine startup Acorns Grow Inc. is in rare company after securing an investment from TPG’s social and environmental investment fund.

Chipmaker 2nd to Edwards in Public Company Ranks

Skyworks, Now Run From OC, Increases Sales

Skyworks Solutions Inc., which is run from Irvine, enters 2018 as Orange County’s second-most valued public company, with a recent $18.5 billion market cap.

CES: Snapshots of a Marketer’s Dream

Trade Show Boon to Pro Pitchers

CES has evolved greatly in the past five years from a predominant drone, PC and TV showcase amid the 4K buildup to an increasingly inclusive show promoting the latest in autos, health and wellness, sports, apparel, music and food.

CES Heavy on Security Tech As Firms Answer Cyberjitters

TECHNOLOGY: Kingston, D-Link to intro new lines, partnerships

Several Orange County technology companies at the CES trade show last week promoted new security enhancements and related partnerships in an era when mobile devices and networks are on the front line of targeted cyberattacks.

CES 2018: Universal Creates for DISH

Universal Electronics Inc. helped develop a new voice remote control for DISH Network Corp., the Santa Ana-based company said this week in Las Vegas at CES, the nation’s largest electronics trade show.

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CES 2018: D-Link Gets More Connected

D-Link Systems Inc. in Fountain Valley introduced several connected-home devices this week in Las Vegas at the CES consumer electronics show.

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CES 2018: Insteon Pairs With Google Products

Irvine-based Insteon said its line of connected home devices is compatible with Google Assistant-enabled products, such as Google Home speakers and select Android and Apple smartphones.

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CES 2018: Kia’s EV Concept Car

Kia Motors Corp. and its Irvine-based North American unit Monday in Las Vegas introduced a concept electric vehicle that can travel 238 miles on one charge.

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Firms Full of Anticipation About CES Appearances

TECHNOLOGY: Small OC group plan debuts, hope for deals

CES, the largest trade show in the country, kicks off this week in Las Vegas with dozens of Orange County tech companies angling for a strong start out of the gate in the new year.

Toshiba Unit Keeps Big Printer Contract as Diversifies

Two-Year LAUSD Deal Worth $60 Million

Lake Forest-based Toshiba America Business Solutions Inc. will remain the multifunction printer provider for the Los Angeles Unified School District until at least November 2019.

Boardriders to Buy Billabong

Huntington Beach-based Boardriders Inc. has signed a deal to acquire all shares of Billabong International Ltd., creating one of the world’s largest action sports companies.

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OC Lawyer Named Interim U.S. Attorney

Attorney General Jeff Sessions has named Orange County lawyer Nicola Hanna as interim U.S. attorney for the Central District of California, which encompasses Orange and Los Angeles counties.

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Hyundai Sets Date to Go Autonomous

Hyundai Motor Co. in Seoul today announced a partnership with Palo Alto-based Aurora Innovation Inc. to bring an autonomous vehicle to market by 2021.

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BPOY 2017 Technology: Dean Stoecker

How Alteryx and Dean ‘Stoecked’ an OC Industry and Its Dormant IPO sector

A March initial public offering, two acquisitions, and three strong quarters.

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So Much 2017 Tech News, We Needed Another Issue

Year Brought Deluge of Deals, Raises and More

Last year Orange County’s diverse tech sector produced big headlines, some of which we highlighted in our recent year-in-review issue.

Midday Stock Roundup

The S&P 500 was flat in midday trading at 2,682.18.

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Qualcomm Rejects Broadcom Nominees

The board of San Diego-based Qualcomm Corp. won’t nominate any of the 11 candidates recommended by rival Broadcom Ltd. and investor Silver Lake Partners, the latest turn in the hostile takeover attempt.

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TTM Envisions Growth Via Anaren Purchase

TECHNOLOGY: Would bring new markets, bolster others

TTM Technologies Inc.’s proposed $775 million buy of Anaren Inc. from affiliates of New York private equity firm Veritas Capital would bolster product offerings in the aerospace, defense and networking communications sectors while providing growth opportunities in the industrial, medical and automotive markets.

2018 Preview: Technology

Two of Orange County’s closely watched technology stories of 2017 should find resolution in the new year.

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Time for Ephesoft Boss to Run His Own Company

Kavas Founded Software Maker With $1,000 in 2010

Ike Kavas, who took the top post last week at the Laguna Hills software company he co-founded seven years ago, has laid out an aggressive strategy to ramp up Ephesoft Inc.

Hyundai Gets Smart With On-Demand Service

Allows Providers To Remotely Access Vehicles

Hyundai Motor America Inc. in Fountain Valley and Silicon Valley-based Smartcar Inc. will launch a pilot program early next year in Southern California to provide Hyundai car owners with on-demand services from various businesses, including mobile car washes, and grocery and fuel deliverers.

Toshiba Unit’s StubHub Win May Lead to Bigger Deals

TECHNOLOGY: Digital work makes up for print decline

Toshiba America Business Solutions Inc.’s multimillion-dollar contract to outfit the StubHub Center in Carson with ultra-high-definition scoreboards and digital ribbon displays highlights one of the few growth markets in an otherwise flat sector challenged by the dwindling life of print.

OC Sports Marketer, Ex-Pro Moon Named in Suit

One of Orange County’s most recognized marketing firms is at the center of a sexual harassment lawsuit.

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TTM in $775M Deal for NY Manufacturer

TTM Technologies Inc. has agreed to pay $775 million to affiliates of New York private equity firm Veritas Capital for East Syracuse-based Anaren Inc.

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Sky’s the Limit as Irvine Chipmaker Enters China

TECHNOLOGY: Skyworks’ auto IoT gambit lauded by analysts

Skyworks Solutions Inc.’s latest design wins with Shenzhen-based ZTE Corp. will boost its position in the world’s largest market for connected vehicles and elsewhere amid a diversification effort welcomed on Wall Street.

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Drone Servicer Acquisition Affords Arts Access

HB Presence Meets Sky-High Filming Needs

The Huntington Beach operation of drone services provider Measure should get a lift from the company’s expansion into the arts and entertainment industry.

Aria Rolls Out Lighter, Faster FXE

AUTOMOTIVE: Supercar’s developers target world’s elite

Clive Hawkins believes in two ways to mark any 21st birthday.

Hyundai Bows Kona

Fountain Valley-based Hyundai Motor America Inc. today unveiled its small utility vehicle at the Los Angeles Auto Show.

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Acorns Sprouts Retirement Saving App With Buy

TECHNOLOGY: Micro- investing startup adds IRAs

The first acquisition by Acorns Grows Inc. will plant the Irvine startup in the retirement-planning business.

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New Blizzard League Tests Esports' Boundaries

HB Commissioner, a Former Pro, Pursues Global Goals

Rumors are swirling as free agency opens up in Blizzard’s new Heroes Global Championship.

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Toshiba Unit Hunts for Buys Anew Under CRO

Made First Acquisition Of Reseller in Nearly Decade

Larry White told the Business Journal about a month ago that he was promoted to chief revenue officer at Toshiba America Business Solutions Inc. with a charge from Chief Executive Scott Maccabe to revive an acquisitions strategy dormant for nearly a decade.

Never ‘Another November’ at iBASEt

Wife, Son Defend vs. Enemies Foreign and Domestic

The Poonian’s story is filled with loss, heartbreak, perseverance and success.

Digital Maps Buys Up Cos., Buys Out Angels

Irvine Software Firm Grows Jobs, Sales; Outgrows HQ

Irvine-based Digital Map Products Inc. closed its second acquisition in four months as it expands product offerings throughout North America.

Karma to Open NB Showroom

Irvine-based Karma Automotive LLC will open a showroom and its first company-owned dealership on Monday along the Pacific Coast Highway in Newport Beach.

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Toshiba America Acquires NorCal Dealer

Lake Forest-based Toshiba America Business Solutions Inc. has acquired an equipment distributor and reseller in Northern California.

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Razer Games IPO Market in Hong Kong

Accessories Maker Could Grow Local With Proceeds

The local operations of Razer Inc. could get a boost after the company’s planned initial public offering this week in China.

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