Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
‘$900M on High End,’ Says Founder
App developer Titan Health & Security Technologies Inc.’s new contract with a global security services firm has propelled the Newport Beach-based startup into the nation’s upper tier of emergency communication providers.
Meets Worker Shortfall Challenge as Work Builds
Kathryn Brewer is charting the next leg of growth for Leading Edge Avionics.
Big Shareholder Cries Foul, Cites Skills Dearth
Acacia Research Corp. has appointed two additional independent directors to its board, much to the consternation of one of its largest shareholders, which has pressed the Newport Beach-based company to replace its chairman and another board member.
Surf City Unicorn Aims to Scale Space
Huntington Beach-based Rocket Lab will open a 14-day window this week on its first commercial orbital launch.
The value of the Los Angeles Angels of Anaheim rose 3% in the past year to $1.8 billion, according to Forbes’ latest annual estimates.
$5B Rollup Included Homegrown Telogis
The long-awaited integration of Verizon Communications Inc.’s telematics unit, which featured a key acquisition in Orange County, is complete.
Mass-Emails Specialist Triples Its OC Space
Denver-based SendGrid spent more than a year designing its new 22,000-square-foot office at 400 Spectrum Center in Irvine.
New York Investors Don’t Buy New Business Strategy
One of Acacia Research Corp.’s largest shareholders is waging a proxy battle to oust the company’s chairman and another director up for re-election.
10-K Also Lays Out Customer-Base Diversity
The financial terms of Alteryx Inc.’s two acquisitions last year were among the disclosures included in the recent 10-K filing by the Irvine-based analytics software maker.
Lawyer Leveraged Scary Incident Into Lifesavers
Software engineers at Newport Beach-based startup Titan Health & Security Technologies Inc. are developing two mobile features to improve communication and geolocation for its patented Next Gen 911 app system.
His Hybrid Firm’s Teams Breed, Grow Ideas Together
Anderee Berengian has developed a unique business model at Cie Digital Labs for employees and the companies they help fund and grow.
OC Voter Agency Works With State, Feds on Efforts
Orange County’s congressional districts will have some of the most hotly contested primaries in the nation—in cyberwarfare.
Feds’ Disapproval Based On Overseas Concerns
President Donald Trump’s presidential order blocking Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc. marks the second time in less than three years that the federal government has intervened to halt a transaction with deep ramifications in Orange County.
As It Pursues Energy’s Holy Grail, TAE Seeks to Market Decades of R&D
TAE Technologies Inc., one of Orange County’s most funded and promising technology companies, has launched its first commercial application through a newly formed subsidiary.
Newport Beach-based Clean Energy Fuels Corp. in the fourth quarter recorded a steep sales drop and wider losses.
President Donald Trump scuttled Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc., signing a presidential order Monday prohibiting the bid due to national security concerns, according to news reports.
Hoag Memorial Hospital Presbyterian in Newport Beach has assumed the title sponsorship of Orange County’s only PGA Tour event, renaming it the Hoag Classic.
Teams With Microsoft on Smart Glasses
Toshiba America Information Systems Inc. has launched a smart-glass, augmented-reality PC for enterprise customers in its first technological breakthrough in years.
Veritone Shares Dive In ‘Revolution’s First Inning’
Veritone Inc.’s fourth-quarter results were as volatile as the company’s roller coaster ride on Wall Street in its first year as a public company.
Deal After Deal While Bleeding Orange
Jim Peterson’s 31st deal at the helm of Microsemi Corp. will likely be his last, cementing a legacy that extends well beyond Orange County’s business community.
Thirteen members of the Business Journal’s annual OC’s Wealthiest report made this year’s Forbes list of global billionaires.
Broadcom Corp. co-founder Henry Nicholas is donating $40,000 to ensure the men and women crew teams at University of California-Irvine will participate in the 2018 American Collegiate Rowing Association National Championship Regatta in May in Georgia.
Champions Tour Event in Newport Back With Best Lineup, Exposure
When Toshiba Classic Week begins Monday, it will mark the end of two eras.
HyperX, With Gaming’s Help, Speeds to Milestones
The gaming unit of Kingston Technology Inc. has hit another milestone in headset sales.
Aliso Viejo-based Microsemi Corp. is in “advanced talks” on a potential sale to Microchip Technology Inc., according to a Wall Street Journal report.
Monie Says Packaged Vertical Offerings a Driver
Count the chief executive of the world’s largest technology products distributor among the throngs of blockchain skeptics.
Award Makes Statement About His 35 Years
Todd Schull’s 35-year career as a top finance executive crisscrossed the nation.
Alteryx’ Rubin Managed IPO, Acquisition, Global Expansion
About a month before Alteryx Inc. filed its March 2017 initial public offering, Chief Financial Officer Kevin Rubin was on a flight to the Czech Republic with Chief Executive Dean Stoecker to hammer out a deal to acquire metadata management and oversight specialist Semanta.
Shares of Universal Electronics Inc. are up 25% in afternoon trading to a market value of about $784 million, with shares moving about three times higher than the average.
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.
CEO Says ‘Almost Like Back to the Future’
Kofax Inc. is back in the buying business under the more stable footing of Chicago-based private equity parent Thoma Bravo.
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.
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.
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.
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.
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.
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.
Bank Apparently Helping Chipmaker Mull Options
Chatter is picking up again that Microsemi Corp. is exploring options, including a possible sale.
Irvine-based FMH Aerospace has changed hands for the second time in less than three years.
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.
Debuts Synchronized Memory Module Lights
Another first for Kingston Technology Inc.
Rashaan Salaam’s Heisman Trophy attracted nearly $400,000 in an auction run by Laguna Niguel-based SCP Auctions.
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.
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.
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.
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.
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.
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.
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.
D-Link Systems Inc. in Fountain Valley introduced several connected-home devices this week in Las Vegas at the CES consumer electronics show.