Orange County Business Journal

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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.

Virtual Reality Check

OC Emerges as Hub

One minute you’re on stage with Coldplay.

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.

Western Digital Loses Trade Secrets Case

Irvine-based storage products maker Western Digital Corp. was ordered to pay its chief rival $758 million related to a bevy of trade-secrets claims.

Software Company Raises $60 Million

Irvine-based Alteryx Inc., a fast-growing data analytics software company, raised $60 million in a venture round.

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WD to Pay $758M to Rival

Irvine-based storage products maker Western Digital Corp. will has been ordered to pay its chief rival $758 million related to a bevy of trade secrets claims.

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Irvine Big Data Firm Raises $60M

Irvine-based Alteryx Inc., a fast-growing data analytics software company, has raised $60 million in a venture round.

Broadcom Connectivity Chip in New Apple iPhones

Could Come to $850M in Annual Revenue

Consider Irvine-based chipmaker Broadcom Corp. a winner when it comes to Apple Inc.’s latest smartphone models.

Broadcom Chip In Apple Watch?

It appears Irvine-based Broadcom Corp. is primed to supply a key component for the long-awaited Apple Watch.

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Costa Mesa Chipmaker Seeks BK

Costa Mesa-based chipmaker ISC8 Inc. has filed for Chapter 11 bankruptcy protection.

Sun Sees Rebound on Horizon for Pro Volleyball Circuit

SPORTS: Renews several key sponsors, seeks new TV deal

Donald Sun is facing another big challenge as his second year of running a revived professional beach volleyball tour comes to an end.

$1 Million to Video Game Maker

MEK Entertainment Inc., an independent video game maker in Aliso Viejo established by a former Blizzard Entertainment Inc. programmer, secured $1 million in a seed round.

$10M Raised for Water Purity Projects

Irvine-based WaterHealth International Inc. raised $10 million in venture funding from a private equity firm in New York that targets infrastructure projects in developing nations.

Costa Mesa Circuit Board Maker Could Top Field

TECHNOLOGY: Deal for rival would lift TTM near top of global ranks

Thomas Edman’s first deal at the helm of Costa Mesa-based TTM Technologies Inc. could create the world’s largest printed circuit board maker.

Report: OC High-Tech Sector Strong, Room to Grow

63,000 Jobs in ‘Sleeper’ Market; No. 13 in US

Orange County’s employment base of about 63,000 high-tech jobs ranked No. 13 in a 34-market report released by Chicago-based JLL.

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Water Treatment Specialist Raises $10M

Irvine-based WaterHealth International Inc. has raised $10 million in venture funding from a private equity firm in New York that targets infrastructure projects in developing nations.

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Aliso Video Game Maker Raises $1M

MEK Entertainment Inc., an independent video game maker in Aliso Viejo established by a former Blizzard Entertainment Inc. programmer, has secured $1 million in a seed round.

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TTM Buys Rival

Costa Mesa-based printed circuit board maker TTM Technologies Inc. today announced it will acquire Viasystems Group Inc. in a $927 million deal.

IT Firm’s New CEO Sets Sights on $1B in Revenue

TECHNOLOGY: Rides big data, cloud surge for growth

The boom in big data and cloud computing has paved a growth path for Trace3 under new Chief Executive Tyler Beecher, who’s put his own stamp on the company since taking the helm last month.

Boeing Shifts on Sales of Seal Beach Buildings

MANUFACTURING: Once pegged for cost cuts, now home of new hires

Boeing Co.’s new Seal Beach support center for commercial airline customers reflects a significant change in plans for the Chicago-based aerospace giant’s sprawling real estate holdings along Orange County’s coastline.

Asia Software Deal Opens Lens on Ubiquity Strategy

TECHNOLOGY: First big development for company

A recent software distribution deal struck by an Irvine-based company with barely any sales provides some insight on its $560 million market value.

‘Internet of Things’ Powers Greenwave Hiring Surge

Software, Sensors Allow Devices to Communicate

The burgeoning Internet of Things market has prompted a strong hiring push at Irvine-based smart technology provider Greenwave Systems.

Microsemi to Buy Santa Rosa Chipmaker

Aliso Viejo-based Microsemi Corp. announced an agreement to purchase Santa Rosa chipmaker Centellax Inc., which makes high-speed and RF chips and related components for the optical communications and Ethernet data markets.

Ford Exec’s VC Firm Invests in Telogis

Aliso Viejo-based software maker Telogis Inc. secured a strategic investment from a Detroit venture capitalist firm co-founded by William Clay Ford Jr., the executive chairman of Ford Motor Co. and the son of the owner of the Detroit Lions.

Startup Gets $5M, Partners on VR Headset

A Laguna Beach startup that specializes in virtual reality content has raised $5 million from private investors and entered a partnership with Oculus VR Inc. and Samsung in one of the latest developments to hit technology’s hottest emerging consumer segment.

Los Alamitos Fast Out of Post-Hollywood Park Gate

SPORTS: Track’s revamp pays off in changed field

Chalk up another win for Los Alamitos Race Course in its efforts to become a permanent home for a bigger take of Southern California’s nomadic thoroughbred circuit since the December closure of 75-year-old Betfair Hollywood Park.

Software Maker, New Cash in Hand, Looks to Hire

SecureAuth Gets $10M In New Venture Round

Irvine-based security software maker SecureAuth Corp. is on a hiring spree after securing another $10 million in venture funding.

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Telogis Gets Funding From VC Firm of Ford Motor Chairman

Aliso Viejo-based software maker Telogis Inc. has secured a strategic investment from a Detroit venture capitalist firm co-founded by William Clay Ford Jr., the executive chairman of Ford Motor Co. and the son of the owner of the Detroit Lions.

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Startup Raises $5M, Enters VR Deal

A Laguna Beach startup that specializes in virtual reality content has raised $5 million from private investors and entered a partnership with Oculus VR Inc. and Samsung in one of the latest developments to hit technology’s hottest emerging consumer segment.

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Microsemi Makes Small Buy

Aliso Viejo-based Microsemi Corp. announced an agreement today to purchase a Santa Rosa chipmaker and also revealed plans to repurchase up to $100 million of its common stock.

Contract Electronics Makers’ Job Count Flat Again

Biggest Here Combine For Workforce of 2,728

Local employment growth has evaded Orange County’s largest contract electronics makers for another year, despite a boost in global sales for the industry.

Long-Anticipated ‘Wasteland’ Game Sequel on Way

Producer Waited 10+ Years To Get Money for Follow-Up

It’s taken Brian Fargo more than a decade to get the band back together for a follow-up release to the smash hit “Wasteland.”

Regulator Charges AirTouch, Ex-Execs in Fraud Case

Alleges They Reported Fake Earnings for Device

The Securities and Exchange Commission has charged Newport Beach-based equipment maker AirTouch Communications Inc. and its former chief executive and chief financial officer with misstating revenue and defrauding an investor.

OC’s Gaming Roots Run From Early Versions to VR

Older Firms Programmed Play for Today’s Innovators

Orange County’s influence in the video game industry traces back decades, from trailblazing studios in the early 1980s to today’s innovators of virtual reality.

ViewSonic Shows Off HQ as It Makes OC Its Home

Brea Building Showcases Tech Firm’s Offerings

ViewSonic Corp.’s new 25,000-square-foot headquarters in Brea was designed to showcase the company’s new line of touch-screen projectors and virtual desktops that are drawing strong demand in the classroom and at businesses.

AllDigital Holdings CEO Dies Suddenly

Paul Summers, the chairman and chief executive of Irvine-based AllDigital Holdings Inc., has died unexpectedly.

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UCI Computer Science Prof to FCC

University of California Irvine computer science professor Scott Jordan has been named the chief technology officer of the Federal Communications Commission.

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Western Digital Taps New CFO

Irvine-based memory products maker Western Digital Corp. has named Amgen Inc. executive Olivier Leonetti its next chief financial officer.

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