Orange County Business Journal

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Toshiba Exec Adds Role

Scott Maccabe, the president and chief executive of Irvine-based Toshiba America Business Solutions Inc., has taken on the same dual role for Toshiba Global Commerce Solutions Inc., which makes installed retail point of sale systems.

Security Software Specialist Raises $42M

Irvine-based security software maker Cylance Inc. raised $42 million in a Series C funding round led by DFJ Growth in Menlo Park.

Rumblings Could Live Up to Nicholas’ Ambitious Hopes

Talk Picks Up On Other Potential Bidders

Broadcom Corp. cofounder Henry Nicholas set his hopes high after the Irvine chipmaker announced a $37 billion sale in late May to Avago Technologies Ltd.

Vizio’s IPO Plan Calls for Wang to Keep Control

MARKETING: Electronics brand aims to raise up to $172.5M

Vizio Inc. cofounder and Chief Executive William Wang will retain control of the brand under a plan to take the TV titan public.

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Ingram Micro’s Q2 Profit Beats

Santa Ana-based Ingram Micro Inc. saw shares rise about 10% in Friday trading after it reported slightly higher second-quarter adjusted profits yesterday that also beat analyst estimates, though revenue missed analyst forecasts.

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Broadcom Has Mixed Q2

Irvine-based chipmaker Broadcom Corp. after the close of intraday trading reported second-quarter revenue in line with Wall Street expectations and adjusted profits that missed estimates.

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YL Software Maker Acquired

A Yorba Linda software maker that specializes in survey analysis has been acquired by local investment firm Poplar Capital Partners LLC, which is based in the same city.

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WD Beats on Profit, Revenue in Line

Irvine-based storage products maker Western Digital Corp. after the close of intraday trading Wednesday reported June revenue in line with Wall Street expectations and adjusted profits that beat estimates.

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Cylance Gets $42M

Irvine-based security software maker Cylance Inc. has raised $42 million in a Series C funding round led by DFJ Growth in Menlo Park.

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Vizio Files for IPO

Irvine-based Vizio Inc. has filed a registration statement with the Securities and Exchange Commission to raise up to $172.5 million in an initial public offering.

Sage North America HQ to Exit Irvine for Atlanta

TECHNOLOGY: Software maker recently consolidated here

Software maker Sage North America is moving its U.S. headquarters from Irvine to Atlanta as part of a global restructuring plan.

Auction Firm Gets Naismith Center Deal

Laguna Niguel-based SCP Auctions was named the official auction and appraisal partner of the Naismith Memorial Basketball Hall of Fame.

NB Startup Runs Into ‘Hiccups’ With Kickstarter Try

Went Elsewhere After Backers Show Disapproval

A Newport Beach startup has drawn widespread publicity in tech circles for a Kickstarter campaign to bring the world’s smallest Bluetooth headset to market.

Merger Deal Holds TSX Listing for FantasyAces

SPORTS: Founders to keep control with 57.5% stake in site

Aliso Viejo-based startup FantasyAces LLC plans to merge with a company that’s listed on the Toronto Stock Exchange as it seeks capital for its goal of competing at the top level of one of the hottest areas in the entertainment industry.

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Microsemi Posts Record Revenue, Profits in June Quarter

Aliso Viejo-based chipmaker Microsemi Corp. reported revenue for the June quarter that beat Wall Street expectations and adjusted profits in line with estimates.

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Laguna Niguel Auction House Gets HOF Nod

Laguna Niguel-based SCP Auctions has been named the official auction and appraisal partner of the Naismith Memorial Basketball Hall of Fame.

CrowdStrike Seeks Scale In Wake of $100M Round

TECHNOLOGY: Google latest backer for security software maker

Irvine-based security software maker CrowdStrike Inc. aims to embark on an international expansion plan after securing one of the biggest venture capital rounds in Orange County history last week.

Blizzard Game to Toy Hall of Fame

The National Toy Hall of Fame has turned its attention to video games, including the title that made Irvine-based Blizzard Entertainment Inc. famous.

Olloclip Shoots for $100K in Return to Kickstarter

Campaign Focused On Studio System Market Entry

Huntington Beach-based olloclip has launched a new campaign on Kickstarter that builds upon its recent entree into the crowded smartphone case segment.

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Frost Capital, Symantec Launch Incubator

San Juan Capistrano-based investment firm Frost Data Capital has partnered with security service provider Symantec Corp. in Mountain View to create and seed startups in cyber security analytics, Big Data, and Internet of Things markets.

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Irvine Security Software Maker Raises $100M

Irvine-based security software maker CrowdStrike Inc. has raised $100 million in a Series C funding round led by Google Inc.’s capital investment arm, Google Capital.

IT Provider Nears $500M in Sales, Aims for $1 Billion

2K Customers Include Big Names Such as Vizio

Irvine-based IT consultancy and service provider Trace3 is on pace to crack $500 million in revenue this year as it attracts new Fortune 500 customers and builds up regional offices.

Game Developer ‘Geeked’ Over Deal to Supply Oculus

MEDIA: Ready at Dawn takes aim at virtual reality, proprietary IP

Irvine-based game developer Ready at Dawn could get a jump-start on its push to launch its own titles and control content, thanks to its recently struck agreement to develop video games for the highly anticipated virtual reality headset from Oculus VR Inc.

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QLogic Shares Drop on Outlook

Shares of QLogic Corp. have plummeted today after the Aliso Viejo-based networking gear maker slashed revenue and profit targets for the June quarter, citing a bevy of market challenges.

Graphene True Game Changer? OCWD Wants to Know

TECHNOLOGY: Hopes to test Lockheed product by year-end

The Orange County Water District is standing ready to test a new technology under development by Lockheed Martin Corp. that could be a game-changer on water treatment, with the potential to lower costs as municipalities and private businesses search for new ways to secure supplies in drought-stricken California.

New Broadcom Deals Build on China Relationships

Three Ventures Involve Cloud, Set-Tops, Ultra HD

Irvine-based Broadcom Corp., which is set to be acquired for $37 billion by Avago Technologies Ltd., is making a big push in China through strategic partnerships with some of the country’s most influential players.

Ingram Micro Makes Two Acquisitions

Santa Ana-based Ingram Micro Inc. acquired two companies that add to its higher-margin and growing recycling and mobile services business, buying U.K.-based Canai Group and Clarity Technology in Portugal on undisclosed financial terms.

Gaming Heroes, Legacies and Rescues Star at E3 Show

Game Developers Parade New Titles, Talk Shop

Industry insiders and members of the media attending the recently concluded Electronic Entertainment Expo got a sneak peak at several new titles Orange County video game developers plan to introduce in coming months.

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Ingram Micro Buys Two Companies

Santa Ana-based Ingram Micro Inc. has acquired two companies that add to its higher-margin and growing recycling and mobile services business.

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World Poker Tour Sells for $35M

Irvine-based WPT Enterprises Inc., which runs the World Poker Tour, has been acquired for $35 million by one of China’s largest gaming companies.

Ex-Blizzard Exec Takes Top Post at Game Developer

20-Year Stint Included President, COO Roles

Longtime gaming exec Paul Sams recently uprooted from Orange County, moved to Austin, Texas, and then ended up taking the top job at Irvine-based game developer Ready at Dawn, which is less than two miles from his former employer, Blizzard Entertainment Inc.

Startup Raises $6.5M for Sales, Software

Irvine startup Connectifier raised $6.5 million in a Series A funding round led by True Ventures in Palo Alto.

Ingram Micro Makes Saudi Arabia Buy

Santa Ana-based Ingram Micro Inc. furthered its reach in the Middle East by acquiring the assets of Arabian Applied Technology, the largest value-added reseller in Saudi Arabia.

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Ingram Acquires Saudi Arabia Reseller

Santa Ana-based Ingram Micro Inc. has furthered its reach in the Middle East by acquiring the assets of Arabian Applied Technology, the largest value-added reseller in Saudi Arabia.

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Irvine-Based Software Maker Raises $6.5M

Irvine startup Connectifier has raised $6.5 million in a Series A funding round led by True Ventures in Palo Alto.

Vinny’s Latest Play: Croatian Soccer Team

SPORTS: Deal includes 10,000-seat stadium on Adriatic coast

Vinny Smith has added a professional soccer club to the growing list of investments he’s compiled since netting some $800 million on a $2.8 billion sale of Quest Software three years ago.

Super-Secure Mobile Network Debuts in Beta Trial

Result of ‘Fishbowl’ Project Done With NSA

An Irvine-based startup that collaborated with the National Security Agency for years to develop a private mobile network has released what it calls “the world’s most secure cellphone service.”

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Irvine Firm to Makes Games for Oculus Rift

Irvine-based video game designer Ready at Dawn will be among the first companies to partner with Oculus VR Inc. on new gaming titles for the highly anticipated Oculus Rift headset that was unveiled today in San Francisco.

Place in HomeKit Adds to Insteon’s Momentum

TECHNOLOGY: Gets nod on Apple’s hub for connected home

Irvine-based Insteon is among the first companies handpicked by Apple Inc. for the initial lineup of its much-anticipated HomeKit, which offers consumers a selection of services for connected home devices.

Broadcom Sale Points Up OC Role in Consolidation

2nd Recent Buy Here for Avago Technologies

Orange County has become fertile ground for the chip sector’s ongoing consolidation in the past few years, highlighted by Broadcom Corp.’s record-setting $37 billion sale to Avago Technologies Ltd.

Nicholas: Broadcom Sale Ticket to ‘Next Level’

TECHNOLOGY: Lauds Avago boss Tan, eyes Intel’s crown

Broadcom Corp. cofounder Henry Nicholas has high hopes for the chipmaker as it heads toward the new leadership and financial muscle expected to come with a proposed $37 billion sale to Avago Technologies Ltd.

Kingston Technology Sells Unit in China

Fountain Valley-based Kingston Technology Co. sold a subsidiary to Shenzhen Kaifa Technology Co. in China.

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Kingston Sells Chinese Unit

Fountain Valley-based Kingston Technology Co. has sold a subsidiary to Shenzhen Kaifa Technology Co. Ltd. in China.

Broadcom To-Do List: Keep Name, Shed CEO, Bring Nicholas Back

TECHNOLOGY: Cuts expected, but Irvine campus still in works

Change will start at the top at Irvine-based Broadcom Corp. when a $37 billion sale to fellow chipmaker Avago Technologies Ltd. is poised to usher out longtime Chief Executive Scott McGregor and bring cofounder Henry Nicholas back to the company’s fold.

CenturyLink Tests Power-Saving Tech at Irvine Facility

Fuel Cells Save Electricity, Lower Data Center Costs

Monroe, La.-based CenturyLink Inc., one of the largest data-center builders and operators in the U.S., is testing a new fuel cell technology at its Irvine operation that could lead to significant cost savings in the capital-intensive sector while freeing up power on the taxed electrical power grid run by Southern California Edison and other energy providers.

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Kiss Names New CEO

Arena football insider Joe Windham has been named chief executive of the LA KISS, which plays its home games at the Honda Center in Anaheim.

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Broadcom Shares Surge Wednesday on Takeover Talks

Shares of Broadcom Corp. surged in afternoon trading Wednesday amid media reports that the Irvine-based chipmaker is in negotiations to be acquired by Avago Technologies Ltd.

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Neudesic Buys Anaheim IT Provider

Irvine-based IT provider Neudesic LLC has acquired Anaheim competitor Web4, which specializes in enterprise content management and human resources software.

CenturyLink Tests Power-Saving Tech at Irvine Facility

Fuel Cells Save Electricity, Lower Data Center Costs

Monroe, La.-based CenturyLink Inc., one of the largest data-center builders and operators in the U.S., is testing a new fuel cell technology at its Irvine operation that could lead to significant cost savings in the capital-intensive sector while freeing up power on the taxed electrical power grid run by Southern California Edison and other energy providers.

This Fantasy All Business

Aliso Viejo-Based Startup Aims to Secure Standing in Fast-Growing Segment of Online Gaming

The 100-foot Mojo eases away from the dock to navigate Newport Harbor, passing waterfront mansions and celebrity getaways on its way to open waters.

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