Orange County Business Journal

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Meade Instruments Shares Rise on Acquisition Talk

Shares of Meade Instruments Corp. skyrocketed Monday in its first trading session since the Irvine-based company announced it was set to be acquired for $4.5 million by the North American unit of Jinghua Optics & Electronics Co.

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Meade Instruments Shares Rise on Acquisition Talk

Shares of Meade Instruments Corp. skyrocketed Monday in its first trading session since the Irvine-based company announced it was set to be acquired for $4.5 million by the North American unit of Jinghua Optics & Electronics Co.

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Qlogic Shares Drop After Chief Resigns

Shares of QLogic Corp. are down Monday in its first trading session following the resignation of Chief Executive Simon Biddiscombe.

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Sage Turns Page

Software Maker’s Irvine HQ Poised for Growth Amid Consolidation, Refocus

Sage North America’s next act: addition by subtraction

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Venture Capital Conference Aims to Grow Numbers

Organizers Expect More People From Across State

This week’s presenting companies at Octane’s annual VC in the OC conference are hoping to match the fundraising success of last year’s group, in Technology

Toba in $12M Round for Big Data Analytics Firm

TECHNOLOGY: Second OC investment for Smith’s VC firm

The venture capital firm launched by former Quest Software Inc. Chief Executive Vinny Smith has invested in its second local company.

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Iteris Has Mixed Quarter

Santa Ana-based Iteris Inc. on Thursday reported mixed financial results for the March quarter.

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Quantum to Raise $2.7M in Direct Offering

Lake Forest-based Quantum Fuel Systems Technologies Worldwide Inc. on Thursday announced it will raise $2.7 million in a direct offering for working capital and other general corporate purposes.

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Iteris Has Mixed Quarter

Santa Ana-based Iteris Inc. on Thursday reported mixed financial results for the March quarter.

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Quantum to Raise $2.7M in Direct Offering

Lake Forest-based Quantum Fuel Systems Technologies Worldwide Inc. on Thursday announced it will raise $2.7 million in a direct offering for working capital and other general corporate purposes.

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Drone Software Startup Gets Funding

Airware, a Newport Beach startup that makes operating systems software for commercial drones, has raised $10.7 million in its first funding round.

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Drone Software Startup Gets Funding

Airware, a Newport Beach startup that makes operating systems software for commercial drones, has raised $10.7 million in its first funding round.

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Rolls-Royce to Buy Huntington Beach Maker of Engine Parts

AEROSPACE: Wants tech for lighter components

Aerospace and defense manufacturer Rolls-Royce PLC has acquired a Huntington Beach-based parts supplier in its first acquisition in Southern California.

Western Digital Makes Strides on Strategic Shift Beyond PCs

TECHNOLOGY: Corporate sector, cloud to claim more than half of sales

Western Digital Corp.’s strategy to diversify product offerings into the corporate sector and cloud has distanced the Irvine-based company from its long-held reliance on a PC market in long-term decline.

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Western Digital Keeps Biggest Disk Drive Maker Title

Still Has Narrow Edge Over Rival Seagate

Western Digital Corp. held on to its title as the world’s largest drive maker in terms of units sold and overall revenue, in Technology

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Blizzard Posts Strong Q1

Strong first quarter sales of StarCraft II: Heart of the Swarm helped Irvine-based video game maker Blizzard Entertainment Inc. grow revenue and operating income in the first quarter, despite another big drop in online subscriptions.

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STEC Sales Fall, Loss Narrows in Q1

Santa Ana-based disk drive maker STEC Inc. on Wednesday reported first quarter revenue in line with Wall Street expectations and a loss slightly lower than consensus estimates.

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STEC Sales Fall, Loss Narrows in Q1

Santa Ana-based disk drive maker STEC Inc. on Wednesday reported first quarter revenue in line with Wall Street expectations and a loss slightly lower than consensus estimates.

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Blizzard Posts Strong Q1

Strong first quarter sales of StarCraft II: Heart of the Swarm helped Irvine-based video game maker Blizzard Entertainment Inc. grow revenue and operating income in the first quarter, despite another big drop in online subscriptions.

Rolls Royce PLC Buy HB Parts Maker

Huntington Beach-based aerospace parts maker Hyper-Therm High Temperature Composites Inc. has been acquired by Rolls-Royce PLC.

Rolls Royce PLC Buy HB Parts Maker

Huntington Beach-based aerospace parts maker Hyper-Therm High Temperature Composites Inc. has been acquired by Rolls-Royce PLC.

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Back to the Future?

MSC Software’s Apollo Program Legacy, Modern Challenges

MSC’s move to Newport Beach later this year will be latest step by Dominic Gallello to cut costs, improve efficiencies

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CleanTech OC Makes Laguna Beach Native New Head

Banking Expert Wants Growth Through Outreach

A Laguna Beach native with a deep background in investment banking has been tapped as the new executive director of CleanTech OC, in Technology

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TTM, M-Flex Report March Earnings

Orange County’s largest printed circuit board makers reported earnings for the March quarter after the close of trading Thursday.

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TTM, M-Flex Report March Earnings

Orange County’s largest printed circuit board makers reported earnings for the March quarter after the close of trading Thursday.

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Mindspeed Up On Talk of Sale

Shares of Mindspeed Technologies Inc. jumped Wednesday, a day after after the Newport Beach-based chipmaker reported a lower-than-expected loss in the March quarter and announced it is weighing a possible sale.

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STEC Shareholder Meeting Could Bring Some Sparks

Dissident Investors Want Leadership Changes

STEC shareholder meeting could bring some sparks, in Technology

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Local Solid-State Drive Makers Vie for Top Spot

Emerging Segment Is Fast-Growing, Crowded

Local solid-state drive makers are among top in industry.

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Blizzard Once Again OC’s Biggest Software Employer

Adds 100 Workers, Overtakes IBM, Continues Hiring

Blizzard regains title as OC’s largest software employer. Includes the 2013 OC's LARGEST SOFTWARE COMPANIES list for download (pdf)

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Computer Product Makers Shrank Following Job Gains

Restructurings and Consolidation Continue Longer-Term Cutbacks

The county’s largest computer product makers shed jobs at a modest clip in the past year, reversing two straight years of employment gains. Includes the 2013 OC's LARGEST COMPUTER PRODUCTS COs list for download (pdf)

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Ingram Posts Mixed Q1 Results, Sales Outlook Above Target

Shares of Santa Ana-based Ingram Micro Inc. fell in afternoon trading Friday, a day after the company reported mixed first-quarter results while providing a current quarter revenue outlook above Wall Street estimates.

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Ingram Posts Mixed Q1 Results, Sales Outlook Above Target

Santa Ana-based Ingram Micro Inc. on Thursday reported mixed first-quarter results while providing a revenue outlook for the current quarter that’s above Wall Street estimates.

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Western Digital Shares up on March Earnings Report

Irvine-based disk drive maker Western Digital Corp. on Wednesday reported earnings and revenue for the March quarter that beat Wall Street expectations.

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Western Digital Shares up on March Earnings Report

Irvine-based disk drive maker Western Digital Corp. on Wednesday reported earnings and revenue for the March quarter that beat Wall Street expectations.

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Broadcom Shares Jump on Q1 Earnings, Sales Outlook

Broadcom Corp. shares jumped in afternoon trading Tuesday after the Irvine-based chipmaker reported first-quarter sales and earnings that beat Wall Street expectations and provided a revenue target above estimates for the current quarter.

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Broadcom Shares Jump on Q1 Earnings, Sales Outlook

Broadcom Corp. shares jumped in after-hours trading Tuesday after the Irvine-based chipmaker reported first-quarter sales and earnings that beat Wall Street expectations and provided a revenue target above estimates for the current quarter.

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Aerospace, Defense Contractors Steady on OC Jobs

Boeing Still No. 1 Despite Cuts; Commercial Side Up

Aerospace, defense contractors steady on employment here. Includes the 2013 OC's LARGEST AEROSPACE & DEFENSE CONTRACTORS list for download (pdf)

Qualcomm Nears Final License Payment to Broadcom

San Diego Rival’s Tab on Patent Settlement: $891M

Qualcomm nears final license payment to Broadcom, in Technology

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Westinghouse Digital Raises Sights on 4K

Orange-Based TV Brand Looks to Next Level

Orange-based Westinghouse Digital LLC is going upscale in a bid to reverse a slide in its market share for high-definition TVs.

Acacia Shares Sink

Shares of Acacia Research Corp. plummeted Friday, a day after the Newport Beach-based company reported first quarter revenue and earnings dropped significantly from a year ago.

OC Hubs Included in Boeing Cuts

The Seal Beach and Huntington Beach hubs of Boeing Co.’s Space and Intelligence Systems unit are among the Southern California locations that will cut a total of 250 to 300 workers this year, the company confirmed on Tuesday.

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Boeing to Develop New Satellites in Huntington Beach

DEFENSE: Part of focus on smaller systems; runs counter to cuts here

Boeing Co. will count on its Huntington Beach operations to probe the possibilities of a new line of satellites

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Derby Déjà Vu

Another OC Exec With Horse in Run for Roses

The storyline behind Goldencents’ unlikely journey to the Kentucky Derby is eerily similar to last year’s upset win by I’ll Have Another

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Microsemi to Shed Folsom Facility in Consolidation Plan

TECHNOLOGY: Follow up on recent acquisitions draws cheers

Microsemi to shed operation in Folsom under consolidation plan

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Los Al Loses Lead in Race for Thoroughbred Status

SPORTS: Training center plan draws competition from Fairplex

Los Alamitos Race Course is no longer the front-runner to house thoroughbred training grounds and racing.

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STEC Turns to Direct Sales in Diversification Effort

Company Has Fallen Far From Its 2009 Heydays

STEC turns to direct sales in diversification effort, in Technology

STEC Faces Proxy Battle Amid Shift in Sales Strategy

TECHNOLOGY: Plans push for corporate customers to stem declines

Santa Ana-based STEC Inc. appears headed for a proxy fight with its largest shareholder

Emulex Puts Proxy Fight on Hold With Board Additions

TECHNOLOGY: Directors bring standstill deal with fund

SPECIAL ISSUE: PUBLIC COMPANIES - Emulex puts proxy fight on hold with additions to board

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Will Vizio Still Be Comeback Kid on LCD TV Sales?

Segment Put It on Map More Than a Decade Ago

Vizio is losing its grip on the lead spot for sales of LCD sets in North America, in Technology

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Mindspeed Plummets on Cut in Revenue Outlook

Shares of Mindspeed Technologies Inc. plummeted Wednesday after the Newport Beach-based chipmaker cut its revenue projection for the recently ended quarter.

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