Ricoh Electronics Inc. will eliminate more than one-third of its employment base at its Tustin headquarters as part of a global restructuring of manufacturing operations.
Irvine-based storage products maker Western Digital Corp. reported revenue and adjusted profits in the September quarter that beat Wall Street expectations.
Newport Beach-based Toba Capital invested in the booming eSports segment, co-leading a $5 million funding round for a Santa Monica company that runs tournaments and related events for amateur gamers.
Sales and leases of offices, industrial buildings, retail space and apartments
Santa Ana HM Property LLC sold a restaurant building in Santa Ana to 99 Motel LLC for $3.7 million, or about $1,584 per square foot.
InXile Entertainment Blows Past Raise Goal
Newport Beach-based video game maker inXile Entertainment knows how to run an online fundraising campaign.
Flatirons Solutions in Irvine acquired the assets of a Colorado company that specializes in flight operations software.
Slight Decline 2nd in Row For Biggest With Operations Here
Orange County’s largest aerospace and defense contractors posted a modest drop in local employment in the past year.
TECHNOLOGY: Optimistic on heels of strategic buy
Irvine-based smart technology provider Greenwave Systems Inc. is exploring an initial public offering.
Skyworks, Mavenlink Among Top Honorees
Woburn, Mass.-based chipmaker Skyworks Solutions Inc., which has an executive base in Irvine, and Irvine-based business software maker Mavenlink Inc. were among the big winners at the 23rd Annual OC Tech Alliance Award Gala at Westin South Coast Plaza.
CFO Second Recent Big Addition at Chipmaker
Another local addition to the executive brass of Skyworks Solutions Inc. points to Orange County’s growing influence at the Woburn, Mass.-based chipmaker.
Newport Beach-based Toba Capital took a lead role in a $10 million initial funding round for San Francisco-based human resources software specialist Restless Bandit.
TECHNOLOGY: SecureAuth about doubles digs for hires to meet demand
Security software maker SecureAuth Corp. has leased new headquarters at Irvine Spectrum to accommodate a hiring surge as it expands its services.
MARKETING: Sees chance to bolster brand, spur civic engagement
An Irvine-based unit of Sprint Corp. hopes to transform retail stores across the nation into polling places on Election Day in an effort to turn out the vote in underserved, urban communities.
Newport Beach-based Toba Capital took a main role in a $10 million initial funding round for a San Francisco company called Restless Bandit, a specialist in human resources software.
Founder Discovered Calling Through Bet After Cyberattack at Alma Mater
A friendly hacking wager in college ultimately led Stuart McClure into cybersecurity.
Phone Battery Entrepreneur Might Have Game Changer on His Hands
Benjamin Park understands his customers, a likely consequence of using several different smartphones throughout the day.
Group Intends to Cut Off Cyber Attackers at the Pass
Irvine-based security software maker SecureAuth Corp. is taking a lead role in establishing a consortium of private and public entities to solve the growing problem of data breaches.
TECHNOLOGY: Revenue about $100 million for 2 years
Kington Technology Inc. has sold more than 1 million headsets geared for gamers since releasing its first model a little over two years ago.
Gets Analytics Operations in Predixion Deal
A number of local companies and investors stand to benefit from Irvine-based smart technology provider Greenwave Systems Inc.’s acquisition of Predixion Software in Aliso Viejo.
New Regional Manager Oversees Area Expansion
Sam Attisha, Cox Communications Inc.’s new regional manager for Orange County, has laid out his top priorities in overseeing one of the company’s most important markets.
Irvine-based smart technology provider Greenwave Systems Inc. bought Predixion Software in Aliso Viejo on undisclosed terms.
Uses Artificial Intelligence to Detect Malware; Adds Consumers to Federal, Corporate Clients
Cylance Inc.’s security software was lauded recently by federal officials for playing a key role in discovering and mitigating one of the largest government data breaches in U.S. history.
SPORTS: Team’s training camp was school’s showcase
University of California-Irvine is still buzzing in the aftermath of the Los Angeles Rams holding their first training camp in Southern California in 22 years.
Orange Startup Keeps Seniors Connected
Orange-based startup tablet maker grandPad Inc. has partnered with Switzerland’s largest telecom in its first international expansion.
University of California-Irvine next week opens the first eSports area run by a public university.
Former Blizzard Entertainment Inc. Creative Director Rob Pardo has started a gaming studio in Irvine that aims to build the types of interactive worlds that made his former company a pioneer in the industry.
Aug. 30 Release Already Boosted Company’s Sales
Expect another strong quarter for Irvine-based Blizzard Entertainment Inc. with the Aug. 30 release of “World of Warcraft: Legion,” the sixth expansion set of the franchise role-playing game.
TECHNOLOGY: Will cut 3 plants, 1,900 jobs in Asia as hard drives lag
Western Digital Corp. will close three manufacturing plants and cut 1,900 jobs in Asia in a move that shifts more production to its sprawling Silicon Valley operation and elsewhere.
TECHNOLOGY: Sees IoT as pathway back to profits
Jeff Benck’s new game plan for Irvine-based Lantronix Inc. is in motion after taking the helm of the sputtering networking equipment maker late last year.
Netlist Inc. will sell $15 million in common stock, the Irvine-based storage equipment maker said today.
Four at EvoNexus Pitch In Huawei Exec Sessions
Three startups housed at the EvoNexus incubator at University Research Park and another startup based in Irvine held private meetings with representatives from Huawei Technologies Co., one of the largest diversified electronics makers in the world.
Smith Micro Software Inc. has regained compliance with the NASDAQ Stock Market’s minimum bid price requirement, the Aliso Viejo company announced today.
The parent company of Aliso Viejo-based startup FantasyAces LLC has entered an agreement to acquire a database of fantasy sports players from Gaming Nation Inc.
Sensors, Already Popular With Amateurs, Move Up
World-class surfer and part-time San Clemente resident Jordy Smith is trying to level the playing field, not against the competition, but Mother Nature.
Hard Drive Sales Sink To Five-Year Low at 40M
Western Digital Corp.’s hard drive sales have fallen to the lowest level since heavy monsoons and record floods shut down its Thailand manufacturing hub nearly five years ago.
Records Integration One Of Series of Tech Changes
Irvine-based St. Joseph Health, one of the largest healthcare operators in Orange County, set out four years ago to establish a single electronic record for each patient who visits any of its 16 hospitals spread across California, Texas and New Mexico.
TECHNOLOGY: Powers streaming content channel for TV maker
Technology by Irvine-based XUMO is powering a free streaming content service geared for U.S. customers of LG Electronics Inc., the world’s second largest TV manufacturer.
17 Biggest Down 756 Jobs To Just Under 4K Workers
Big job cuts at Broadcom Ltd. following its $37 billion sale in February to Singapore-based Avago Technologies Inc. and a string of divestitures fueled one of the steepest local employment drops in the chip sector in years.
A manufacturer in Irvine has won a nearly $97 million contract to supply weapon components to the U.S. Army.
Twitch.tv, the world’s largest live-streaming site for gaming content, acquired Irvine-based Curse Inc., which creates content for gamers.
Gym Battle Provides Face Time With Game’s Fans
Fountain Valley-based Kingston Technology Inc. is the latest OC tech company trying to capitalize on the Pokémon Go craze sweeping the globe.
Twitch.tv, the world’s largest live-streaming site for gaming content, has acquired Irvine-based Curse Inc., which creates content for gamers.
Shares of Smith Micro Software Inc. are down in its first trading session after the Aliso Viejo-based company initiated a reverse stock split before the start of trading today.
EnCore’s New Airliner Seat Certification Unit Ready To Leverage Boeing Contract to Gain Market Share
An acceleration sled propelled by two compressed air tanks has just concluded one of its first thrusts down a 120-foot runway in a renovated wing at the Huntington Beach headquarters of EnCore Aerospace LLC.
Aliso Viejo-based chipmaker Microsemi Corp. took naming rights of the Los Angeles Rams practice facility at the University of California-Irvine.
Led By T-Mobile, Which Added 175 Employees
The continued growth of T-Mobile USA Inc. and Mobilitie LLC’s local operations boosted the employment of the largest telecommunications companies in Orange County over the year ended July 31.
Obama Adviser Marks Increased Applications
Michelle Lee, a senior economic adviser to President Barack Obama and the country’s top patent official, in a recent interview with the Business Journal highlighted the importance of new technologies related to cybersecurity, a growing area of specialization in Orange County.
Aliso Viejo-based chipmaker Microsemi Corp. has taken naming rights of the Los Angeles Rams practice facility at University of California-Irvine.
Smith Reflects on Pass Of Chance to Buy Dell Unit
The allure of taking over the business software unit he grew to about $1 billion in annual revenue until its $2.8 billion sale in 2012 to Dell Inc. wasn’t enough to win over Vinny Smith.
Irvine will become the latest U.S. market to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The Mountain View-based tech giant initially is rolling out the service only to select Irvine Co. properties, the companies said today.
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