Orange County Business Journal

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Brand Affinity in BK, Seeks Bidder

Brand Affinity Technologies Inc. has hired Irvine-based GlassRatner Advisory & Capital Group LLC to find potential bidders to acquire the cash-depleted advertising and social media company, according to a filing in bankruptcy court.

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WD’s Former Hitachi Unit in Buy

A San Jose-based unit of Western Digital Corp. has acquired a maker of solid-state storage systems used in scaling cloud and enterprise data centers.

Smart Home for the Holidays

Irvine-Based ‘Internet of Things’ Pioneer Adds Wal-Mart to Distribution

Insteon isn’t a household name, even though its technology powers millions of home-automation devices around the world.

2014 Year in Review: Technology

The Business Journal’s choice of Sailesh Chittipeddi, chief executive of Newport Beach-based chipmaker Conexant Systems Inc., hit the target.

Fisker Automotive Works on New Grand Plans

Costa Mesa Car Maker In Tests for Karma Relaunch

The deep pockets funding Costa Mesa-based Fisker Automotive and Technologies Group LLC’s revival have led the automaker to test several technologies and features as it prepares to relaunch its luxury hybrid Karma.

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British Columbia Travel Promo Uses Oculus Rift

Count British Columbia’s tourism agency as the latest enterprise to utilize the breakthrough virtual reality headset Oculus Rift developed by Irvine-based startup Oculus VR Inc.

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Broadcom Up on iPhone Sales, Shareholder Initiatives

Broadcom Corp. shares continued to modestly climb Wednesday, a day after the Irvine-based chipmaker laid out its corporate strategy to analysts for the upcoming year.

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WD: ‘Significant Progress’ With China Regulators

Irvine-based storage products maker Western Digital Corp. is a step closer to gaining regulatory approval from China’s Ministry of Commerce to integrate its Hitachi Global Storage Technologies Inc. subsidiary there.

Fisker Seeks Revival for Luxury Hybrid Brand in Costa Mesa

AUTOS: China-based owner hires 100 engineers with eye on relaunch

The new Costa Mesa headquarters of Fisker Automotive and Technologies Group LLC is buzzing with optimism under a new management team that has a track record of successful turnarounds to go with financial backing from one of China’s wealthiest entrepreneurs.

Tech Firm Acquires Cloud-Gaming Spinoff Assets

Aims to Fill Sector Niche Void After Recent Shifts

Fast-growing Irvine company Numecent has acquired employees, customers and intellectual property from Approxy, a joint venture it spun out in 2012 with private investors to deliver “cloud paging” for next-generation cloud-gaming services.

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Cole Joins WD Board

Longtime Accenture Plc executive Martin Cole has joined the board of Irvine-based storage products maker Western Digital Corp.

Volvo's Pitch Runs on Oculus Rift

Virtual Reality Headset Key to New Model’s Intro

Put Volvo Car Corp. down as an early adopter of the Oculus Rift, a virtual reality headset that was born in Irvine and now operates there under Facebook Inc.’s umbrella.

Rise From the Ashes

Entrepreneurs ‘Slowly Getting Back’ On Feet After Fire

Trantronics Inc.’s 18,000-square-foot manufacturing plant on Langley Avenue in Irvine is back up and humming, with two production lines cranking out products and prototypes for medical, aerospace and other commercial markets.

Next Technology Incubator to Open in OC in February

SD-Based Firm to Bring Model to Research Park

Orange County has attracted another technology incubator.

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Ingram Buys Company in Paris

Santa Ana-based Ingram Micro Inc. on Friday announced plans to acquire Anovo, a company in Paris that specializes in repairing and recycling devices such as smartphones and set-top boxes.

Oculus Software Gives Designers Hand on Samsung’s Gear

More Headset Apps To Come in Next Few Months

The virtual reality ecosystem got another boost with the recent launch of two software development kits for Samsung’s new Gear VR headset, which allows users to experience VR through an app played on Samsung’s Note 4 smartphone.

Microsemi Boss Sees Rally in Defense Sector

TECHNOLOGY: Chipmaker projects ‘new cycle’ on outlays

Aliso Viejo-based chipmaker Microsemi Corp. enters a new fiscal year with a record backlog of contracts fueled by a resurgence in defense and security spending.

Honda Center Nets NCAA Hoops Opp

The Honda Center in Anaheim will host the West Regional of the NCAA basketball tournament in 2016, the Division I Men’s Basketball Committee announced.

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Blizzard Blockbuster

Blizzard Entertainment Inc.’s latest World of Warcraft expansion has sold more than 3.3 million copies in its first 24 hours on the market.

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Honda Center to Host 2016 NCAA Regional

The Honda Center in Anaheim will host the West Regional of the NCAA basketball tournament in 2016, the Division I Men’s Basketball Committee announced.

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Garden Grove IT Company Acquired

Garden Grove-based Bar Code Specialties Inc. will be acquired by Quest Solution Inc., a Nevada IT integrator.

Greenwave Systems Does Design Work For Verizon

Adds to List of Customers That Includes DirecTV

Irvine-based smart technology provider Greenwave Systems has developed a router for Verizon Communications Inc.

BlizzCon’s Math: 3 New Games, 14 Languages

MEDIA: Crowd of 25,000 hears about 1st new franchise in 17 years

Blizzard Entertainment Inc.’s latest game in development marks another milestone for the Irvine-based company as it continues to offer new types of games in an ambitious schedule of product releases.

Software Deal Points to Resumption of Fisker Production

TECHNOLOGY: Pact with Quantum could bring stake in IP

Quantum Fuel Systems Technologies Worldwide Inc.’s new deal to supply key vehicle operations software for the relaunch of the Fisker Karma and potentially other models rekindles a relationship that had soured before the luxury automaker crashed two years ago.

Mixed Backdrop as Chipmakers Cut Local Jobs by 2.5%

Biggest Here Combine for 4,735 Positions

The largest chipmakers in Orange County cut jobs in the past year as a major restructuring, Chapter 11 bankruptcy, and two sales stunted growth.

Working Wardrobes’ Transition Plan

James Toth was living with his parents and working odd jobs for cash that offered little security and no future.

Irvine Firm Gets More Japan Nuclear Work

Irvine-based Kurion Inc. was awarded a $10 million grant from Japan’s Ministry of Economy, Trade and Industry to further test its technology to remove tritium at the Fukushima Daiichi Nuclear Power Plant.

Tsaos Set for Electronics Hall of Fame

Orange County entrepreneurs Victor and Janie Tsao will be inducted into the Consumer Electronics Hall of Fame at a special event in Manhattan this week.

Telogis Software Aims to Help Cops Do Better Job

Latest Deal With Ford Eyes Driving Performance

Aliso Viejo-based Telogis Inc. is partnering with Ford Motor Co. to develop software that aims to improve law enforcement driving practices and public safety.

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Microsemi in Line on September Quarter

Aliso Viejo-based chipmaker Microsemi Corp. today reported revenue in the September quarter slightly above Wall Street expectations and adjusted profits in line with estimates.

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Tsaos Earn HOF Nod

Orange County entrepreneurs Victor and Janie Tsao will be inducted into the Consumer Electronics Hall of Fame at a special event in Manhattan next week.

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Kurion Gets $10M Grant From Japan

Irvine-based Kurion Inc. has been awarded a $10 million grant from Japan's Ministry of Economy, Trade and Industry to further test its technology to remove tritium at the Fukushima Daiichi Nuclear Power Plant.

IT Provider’s Fast Growth Lands It on Fortune List

Lumen21 Had 803% Growth Rate in 5 Years

A fast-growing IT provider in Orange is gaining recognition targeting smaller companies in the healthcare, financial service and retail industries.

GM Venture Arm Takes Telogis Stake in Latest Infusion

TECHNOLOGY: Software firm also inking deals to grow

Aliso Viejo-based Telogis Inc. has received an equity investment from GM Ventures, the venture capital arm of General Motors Inc.

Broadcom, Microsemi Team Up on New DSL Chips

TECHNOLOGY: Seek new standard for next generation

The two largest chipmakers based in Orange County are working together to develop a new connectivity standard for next-generation digital subscriber lines, commonly referred to as DSL.

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GM Ventures Takes Stake in Telogis

Aliso Viejo-based Telogis Inc. has received an equity investment from GM Ventures, the venture capital arm of General Motors Inc.

Netlist Loses More Board Members as It Struggles

Disagreements Spur Two To Exit, Board Down to 3

The recent resignation of two board members at Irvine-based Netlist Inc. is the latest setback for the struggling computer memory products maker.

India Link

Émigré Population Prominent Beyond Size in OC’s Community of Business

Orange County’s Indian-American community is nearly as diverse as its homeland, where myriad languages flourish in the crowded cities and secluded villages spread across the Asian subcontinent.

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Ingram Improves Margins

Santa Ana-based Ingram Micro Inc. today reported third-quarter revenue that beat Wall Street expectations and adjusted profits in line with estimates.

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Telogis in Deal with Isuzu Unit in Anaheim

Aliso Viejo-based Telogis Inc. didn’t have to go far to land its latest software deal with a major automaker.

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Acacia Up on Strong Q3

Shares of Acacia Research Corp. surged in afterhours trading yesterday and stayed strong Thursday after the Newport Beach-based company reported revenue and adjusted profits in the third quarter that were well beyond Wall Street expectations.

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Broadcom Reports Better-Than-Expected Quarter

Irvine-based chipmaker Broadcom Corp. after markets close yesterday reported third-quarter revenue and adjusted profits that beat Wall Street expectations.

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Broadcom Reports Better-Than-Expected Quarter

Irvine-based chipmaker Broadcom Corp. today reported third-quarter revenue and adjusted profits that beat Wall Street expectations.

Irvine Startup Links With Big Players for Growth

TECHNOLOGY: Device headed for Finish Line stores

Irvine-based startup Pear Sports LLC has signed a deal with Finish Line Inc. to distribute its wearable device in the Indianapolis-based company’s growing line of specialty running stores.

Entrepreneur Crafts Encore

AEROSPACE: Positions second company for $100 million in sales

James Downey is replicating the business model that made him one of Orange County’s wealthiest executives.

Microinvestment App Debuts on Android Devices

Acorns’ Product Follows 60,000 iOS Downloads

Newport Beach startup Acorns, established by OC investment banking pioneer Walter Cruttenden and his son Jeff, has launched an Android app in its efforts to bring microinvesting to the masses.

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QLogic Beats Quarterly Estimates

QLogic Corp. after the close of trading Thursday reported revenue and adjusted profits in the September quarter that beat Wall Street expectations.

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Fountain Valley App Maker Sells Division

Fountain Valley-based startup MEDL Mobile Holdings Inc. has agreed to sell its custom development division to BBK Holdings in Massachusetts.

OC Exec a Key to NBA’s Ambitions for India

SPORTS: Apparel entrepreneur now partner in Sacramento franchise

Raj Bhathal is a key player in the NBA’s bid to extend its brand to his native India.

Virtual Reality Check

OC Emerges as Hub

One minute you’re on stage with Coldplay.

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