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

Boeing’s HB Factory Loses Drone Order to St. Louis

Soccer Club Plays Online; One Stop in Quick Deal

The Boeing Co.’s sprawling Defense, Space and Security division in Huntington Beach will not benefit from the unit’s new $805 million contract from the Department of Defense to manufacture the U.S. navy’s first carrier-based drone.

Recall Masters Helps Car Owners, Sees Sales Explode

AUTOMOTIVE: Firm uses AI to find defective parts

The nation’s largest auto safety recall a decade ago provided a foundation to build one of the fastest-growing startups in Orange County.

Mavenlink, Prepping for IPO, to Double OC Headcount

SOFTWARE: Goldman, Carrick among top investors

Business software maker Mavenlink Inc. has laid out an aggressive local expansion plan as it eyes an initial public offering.

Startups & Innovations

Xentaurs LLC, a fast growing IT consultancy established in 2016, has relocated and expanded into new offices at University Research Park for its new Irvine headquarters.

Midday Stock Roundup

The S&P 500 was up 0.4% in midday trading to 2,889.45.

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Jimmy P is Back, Sees Edge in Small Caps

TECHNOLOGY: Former Microsemi CEO looking for small caps

James Peterson is back in business.

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Zadara Wows Microsoft Vet to Tune of $25 Million

Microsemi Chip OK’d For Outerspace Work

Irvine-based data storage products maker Zadara Storage Inc. closed a $25 million Series C funding round led by Israel Growth Partners, which was founded by a Microsoft Corp. veteran.

Testing Company NTS Switches HQ to Anaheim

SERVICES: Says move to better serve customers

National Technical Systems Inc., one of the nation’s largest testing companies, has relocated its headquarters from Calabasas to Anaheim.

Midday Stock Roundup

The S&P 500 was down 0.5% in midday trading to 2,887.31.

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Lantronix Rises Again on Sales, Well-Known Investor

TECHNOLOGY: Reports first annual profit in 18 years

Wall Street is warming up to networking and Internet of Things equipment maker Lantronix Inc. after years of lackluster performance.

Blizzard Widens Reach as Diablo Heads to Nintendo

Econolite in $22M Pact; Broadcom Closer to Deal

One of Blizzard Entertainment Inc.’s most popular titles will be available later this year on Nintendo Switch, a first for the Irvine-based publisher.

Midday Stock Roundup

The S&P 500 is flat in midday trading at 2,896.60.

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Synoptek Employs ‘Up the Stack’ to Buy Indusa

TECHNOLOGY: Boosts AI, software, consulting

Synoptek LLC’s recent acquisition of Indusa places the information technology service provider at the doorstep of $100 million in annual revenue while boosting its Microsoft Corp. offerings and related consulting work.

STARTUPS & INNOVATIONS

Investment

Newport Beach-based Toba Capital, OC’s largest venture capital firm, led a $6.4 million Series A round for San Francisco-based analytics services provider Skupos Inc.

High School Students Reach For Stars Via Engineering

Irvine, Tustin Teams Build Satellites for Launch

Irvine High School’s fall semester is underway, but incoming senior Mehr Bawa had already been hard at work.

Software Companies Again Boost Headcount Over 5%

Games, Security, Analytics Continue Growth Spurts

Orange County’s software sector, a key economic driver, boosted employment 5.4%, the third straight year of significant job growth.

Satellite Makers Hope to Lift Local Industry into Orbit

Rocket Lab Leads With First Commercial Launch

Huntington Beach-based Rocket Lab is carrying more than small satellites on its first commercial launch, which has been rescheduled for late this year.

Ducommun Flies High on New Contract, Q2 Rev Beat

InfoSpan Loses Appeal; Lantronix on Micro Index

Santa Ana-based aerospace manufacturer Ducommun Inc. has landed a contract valued at more than $200 million from an unnamed customer to produce housing for engines, fuel and equipment.

Ducommun Continues Cuts With Phoenix Plant Close

Says OC Operations Not Affected by Other Cuts

Santa Ana-based aerospace manufacturer Ducommun Inc. initiated more restructuring charges in the second quarter and shuttered its 100,000-square-foot plant in Phoenix, it disclosed in its recent earnings report.

Communications is the Answer to 4% Job Gains

Telecoms, Wireless Cos. Extend Job-Growth Hat Trick

The largest telecommunications companies and related wireless equipment makers grew employment at a modest clip in the year ended July 31.

Merger Makes Trace3 OC’s Newest $1B Tech Company

CEO: ‘I Think We’re a Juggernaut’

The merger of Irvine-based Trace3 and Data Strategy LLC in Grand Rapids, Mich. has created a formidable IT services provider with revenue surpassing $1.1 billion.

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Veritone Sales Sour Traders

Shares of Veritone Inc. (Nasdaq: VERI) plummeted after the company reported second quarter results that missed Wall Street expectations.

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Veritone Plans Two Acquisitions

Veritone Inc. shares jumped today after the Costa Mesa-based company announced two pending acquisitions, one for its emerging artificial intelligence business and the other for its media-buying arm.

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Acacia Housecleaning Ends With C Suite, Board Exits

President, GC, CFO Fall In Post-Proxy Fight Redo

In less than two months, activist investors Sidus Investment Management LLC and BLR Partners LP have completely overhauled the board at Newport Beach-based patent licensing and technology investment firm Acacia Research Corp. and pushed out its management team.

Nicholas Hires Top Defense Firm

Broadcom cofounder and billionaire philanthropist Henry Nicholas III has hired one of the most prolific, and high-profile defense attorneys in Nevada after his arrest late Wednesday night on suspicion of trafficking heroin, methamphetamine, ecstasy and cocaine.

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Acacia Management Ousted, Board Resigns

Senior management of Acacia Research Corp. will leave the company by Friday and all board members who were in place before a recent proxy fight at the company have resigned.

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Alteryx Up

Shares in analytics software maker Alteryx Inc. rose on its quarterly report, which included higher sales that beat expectations.

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Alteryx Boss, Wife Launch i-Rise to Lift More Boats

Alteryx Boss, Wife Launch i-Rise to Lift More Boats

Alteryx Inc. Chief Executive Dean Stoecker and his wife, Angie, want to improve educational opportunities for disenfranchised high schoolers while curbing the national student debt crises.

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Skyworks to Buy Avnera for $405M

Skyworks Solutions Inc. has agreed to buy analog chip systems maker Avnera Corp. for $405 million in cash.

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New Cylance Software Goes for Consumer Market

Says Antivirus Product Cuts Threats Off at Pass

Irvine-based Cylance Inc., one of the highest valued and closely watched private companies in Orange County, has released its first software product targeting consumers.

Quest Vet Dickson Unretires For New Enterprise

SOFTWARE: Running fast grower in OC’s cybersecurity hub

Former Quest Software Inc. and Dell insider Steve Dickson came out of retirement to take the top post at one of Orange County’s fastest-growing software companies.

Vizio Launches Streaming Service

Irvine-based Vizio Inc. has launched a free streaming service in an effort to corral cord cutters who have ditched traditional cable services.

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Why Linksys Founder Victor Tsao Keeps Moving

Global Search for Deals, Causes and Adventure

Victor Tsao is always on the move.

D-Link Cameras, Parent Target of Cyberattack

Issues New Certificates To Prevent More Damage

The Taiwanese parent of Fountain Valley-based D-Link Systems was the target of a widespread cyberespionage campaign to collect saved passwords from browsers, including Chrome, Firefox and Internet Explorer.

Tech Geek Primes Rugby Passion With Club Buy

SPORTS: Businessman cashes in chips for new game

A San Clemente tech consultant has acquired a new Major League Rugby expansion team and is fielding potential sites in Orange County for its home venue and training facility.

Zumasys Unloads Three Units to Denver Company

Can Put Proceeds Into Management Software

Irvine-based cloud services provider Zumasys Inc. has sold its cloud hosting, infrastructure and managed services business units to IT services provider NexusTek on undisclosed terms.

Forget Tariffs; ZTE Ban Could Hit Local Firms Hard

TECHNOLOGY: Chinese giant major OC trading partner

A U.S. ban imposed on China’s second-largest tele-communications equipment maker, lifted on July 13, has already pinched sales at Skyworks Solutions Inc. and is affecting several other Orange County technology companies with headquarters or major operations here.

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Special Forces Building Edge Experience

Disneyland Resort’s “Star Wars: Galaxy’s Edge” will be among the first attractions constructed in tandem with digital experiences, app games and interactive surroundings.

Ex-Ingram Exec Snags Airports in Role at New Firm

Kamel Sees Growth At Iinside Via Busy Industry

Sam Kamel, a former senior executive at Irvine-based Ingram Micro Inc., is targeting an industry with big logistical problems in his new role as chief executive at iinside.

Cooling Co. Heats Up

Ice Energy lines up project financing

Mike Hopkins, who led an ownership change six years ago at Ice Energy, is finally beginning to see sales jump in an industry that moves at glacier speed.

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ESPN, Disney to Broadcast Overwatch League

ESPN, Disney XD and its family of networks will broadcast matches of Blizzard Entertainment Inc.’s Overwatch League in another major development in the booming esports scene.

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Toshiba Gets Tapped After Year-Long Cage Match

Five-Year UFC Deal A First For MMA Rookie

Lake Forest-based Toshiba America Business Solutions Inc. will equip the world’s premier mixed martial arts organization with printers and related services.

$20 Million VC Fund Reaches for Esports Joystick

TECHNOLOGY: Sector vet aims to close ‘language’ gap

Orange County entrepreneur Paul Ward has launched a $20 million venture capital fund dedicated solely to esports.

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Activist Acacia Shareholders Win Board Tussle

Chairman, Fellow Member Replaced By 2 New Faces

In a strong indictment, shareholders of Acacia Research Corp. (Nasdaq: ACTG) overwhelmingly approved the addition of two board members nominated by dissident shareholders, ousting its chairman and a director in the process.

UST Attracts $250M Investment

Aliso Viejo-based IT services provider UST Global has received a $250 million investment from Temasek Holdings Pte. Ltd., Singapore’s state-run investment fund, the company announced today.

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Local Game Makers Ply Creations at LA Confab

Plus, Qualcomm Faces Lawsuits Over Broadcom

Orange County’s strong contingent of video game publishers and related companies were well-represented at this year’s E3 conference in downtown Los Angeles, a departure from the past few years.

High Time for Some Booze

Family Business Still Fizzes in 7th Decade

Cousins, siblings, in-laws, sons and daughters seem to be around every bend in the winding, overstuffed corridors, aisles and nooks of this 22,000-square-foot wine and spirits mecca.

Clean Energy Gets Cash Infusion, Stock Bump

ENERGY: Big Paris oil, gas co. gets 25% stake in green-fuel bet

A strategic investment and new partnership with one of the world’s largest oil and gas companies has improved Clean Energy Fuels Corp.’s Wall Street story after years of financial losses.

Ducks Net UCI Health Sponsorship

The UCI Health system has been named the inaugural presenting sponsor of the Anaheim Ducks, the franchise said this morning.

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Cylance Raises $120M

Cylance Inc., one of the highest valued private companies in Orange County, has raised $120 million in a venture round led by prior investor Blackstone Tactical Opportunities.

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