Orange County Business Journal

Broadcom Gets OC-Based Chip Line in Cosemi Deal

A unit of Broadcom Ltd. has acquired the photodetector business of Irvine-based chipmaker Cosemi Technologies Inc.

By Chris Casacchia February 27, 2017 midnight share »

Vizio ‘Happy Either Way’ With $2B Deal Shaky

A looming deadline for Vizio Inc.’s $2 billion sale to LeEco has cast further doubt the China-based conglomerate can close the deal amid ongoing financial woes.

By Chris Casacchia February 27, 2017 midnight share »

CrowdStrike’s Effort to Block Industry Report Fails

A Delaware district court rejected arguments by Irvine-based software security maker CrowdStrike Inc. to block the release of a report by NSS Labs that shows results of a test of competitor products.

By Chris Casacchia February 27, 2017 midnight share »

Vizio Spying Payment Could Have Bigger Implications

Vizio Inc.’s $2.2 million agreement to settle charges that it violated unfair trade practices and consumer protection laws by tracking the viewing habits of smart TV owners without their knowledge or consent could alter William Wang’s business plan after the company’s proposed sale.

By Chris Casacchia February 20, 2017 midnight share »

Kingston Adds to E-Sports Lineup

The strategy behind recent product launches at Kingston Technology Co.’s growing gaming unit is a simple one: visibility in the booming e-sports scene.

By Chris Casacchia February 20, 2017 midnight share »

Charging Ahead

The Los Angeles Chargers’ new 100,000-square-foot headquarters in Costa Mesa could add some panache to an area just north of the San Diego (I-405) Freeway that’s attracted some sizeable tenants in recent years.

By Chris Casacchia February 20, 2017 midnight share »
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Midday Stock Roundup

The S&P 500 was down 0.1% to 2,343.22.

By Chris Casacchia February 17, 2017 10:31 a.m. share »

Blizzard Says It Stands By Immigrant Employees

The human resources and legal teams at Irvine-based video game publisher Blizzard Entertainment Inc. are providing travel guidance, legal assistance and counseling to employees affected by President Donald Trump’s executive order barring refugees and other would-be immigrants in seven countries from entering the U.S. for 90 days.

By Chris Casacchia February 13, 2017 midnight share »

Laguna Beach Exec Gets Pro Tennis Franchise

Laguna Beach resident Eric Davidson has taken up a family tradition with his purchase of Orange County’s professional tennis team from Canadian technology and media entrepreneur Lorne Abony.

By Chris Casacchia February 13, 2017 midnight share »

Eye of the Tiger

A bunch of fifth graders in a packed classroom at the Tiger Woods Learning Center in Anaheim are analyzing hair and fingerprint samples from a mock crime scene.

By Chris Casacchia February 13, 2017 midnight share »
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WD Bids on Toshiba Unit

Irvine-based storage products maker Western Digital Corp. has placed a bid for a minority stake in Toshiba Corp.’s flash memory business, according to media reports.

By Chris Casacchia February 8, 2017 2:05 p.m. share »
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NB Tennis Team Sold

Laguna Beach resident Eric Davidson has purchased Orange County’s professional tennis team from Canadian technology and media entrepreneur Lorne Abony.

By Chris Casacchia February 8, 2017 5 a.m. share »

WD Poised to ‘Protect’ Interest in Toshiba Partnership

Top Western Digital Corp. executives have been in discussions with counterparts at Toshiba Corp. for weeks amid rising speculation that the Irvine-based storage products maker could bid on the conglomerate’s flash memory business.

By Chris Casacchia February 6, 2017 midnight share »

Menlo Micro Brings Big Backers to Market

Irvine-based Menlo Micro Inc. has already hit a few milestones that often take fellow startups years to accomplish.

By Chris Casacchia February 6, 2017 midnight share »

He Dialed Up Rapid Growth

James Molloy has been at the center of the most transformative era in Irvine-based Alorica Inc.’s brief history, overseeing two financial transactions in little more than a year that quadrupled the size of the call center operator.

By Chris Casacchia February 6, 2017 midnight share »
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MSC Sold for $834M

Newport Beach-based MSC Software Corp. will be sold for $834 million to Swedish IT service provider Hexagon AB, the companies said today.

By Chris Casacchia February 2, 2017 2:16 p.m. share »
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Razer Buys Phone Maker

Irvine-based video game products maker Razer Inc. has acquired the majority of assets of a San Francisco company that developed a mobile phone that offers unlimited cloud-storage capacity.

By Chris Casacchia February 1, 2017 10:42 a.m. share »

Déjá Vu All Over Again for Kofax

Reynolds Bish is back at the helm of the software company he positioned for a $1 billion sale to Lexington, Kentucky-based Lexmark International Inc. less than two years ago.

By Chris Casacchia January 30, 2017 midnight share »

Will Western Digital Benefit From Toshiba’s Woes?

Speculation is building that Irvine-based Western Digital Corp. is in line to bid on a significant portion of Toshiba Corp.’s flash memory business as the Tokyo conglomerate faces staggering write-downs from its failing U.S. nuclear power business.

By Chris Casacchia January 30, 2017 midnight share »

Laguna Beach Outfit Looks to Cash In on Virtual Wall

A Laguna Beach-based shell company has acquired a virtual reality developer that will give backers and opponents of President Donald Trump’s proposed wall along the U.S.-Mexico border a chance to purchase portions of a digital version of the edifice—and use the space to express their opinions.

By Chris Casacchia January 30, 2017 midnight share »
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Microsemi Sales Hit Marks

Aliso Viejo-based chipmaker Microsemi Corp. reported revenue in the December quarter in line with Wall Street expectations, and an adjusted profit that beat estimates.

By Chris Casacchia January 26, 2017 3:28 p.m. share »

Big West's Stabilizer

The Big West Conference, like its counterparts across the nation, has been in a state of constant evolution since a sweeping round of college athletics realignment was touched off nearly a decade ago.

By Chris Casacchia January 23, 2017 midnight share »

Software Maker Could Be Latest Purchase Target

It appears another sizeable Orange County tech company is in play for a takeover.

By Chris Casacchia January 23, 2017 midnight share »

China-Based Companies Among Biggest of OC’s Foreign Employers

China’s continued expansion on the world stage and a strong year for hiring among Orange County’s largest foreign-owned companies combined to bring a jump in overall employment in the category here.

By Chris Casacchia January 23, 2017 midnight share »

Blackberry Revival Plan Runs Through Irvine

The plan to resurrect the faltering Blackberry smartphone brand in the U.S. and Canada is being crafted in the Irvine Spectrum.

By Chris Casacchia January 16, 2017 midnight share »

OC Companies Take Advantage of CES Showcase

With another CES in the books—that’s No. 6 for those following this column—let’s take a closer look at how some OC companies tried to cut through the clutter in Las Vegas at the world’s largest consumer electronics show:

By Chris Casacchia January 16, 2017 midnight share »

Delay on Close of Vizio-LeEco Deal Raises Questions

Vizio Inc.’s pending $2 billion sale to Chinese conglomerate LeEco failed to close by year-end, indicating a potential wrinkle in a deal that still needs final approval from Chinese regulators.

By Chris Casacchia January 9, 2017 midnight share »
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Hyundai, Google Voice Controls Debut

Hyundai Motor America Inc. in Fountain Valley plans to unveil a new feature tomorrow that allows vehicle owners to control various functions through Google Assistant voice commands.

By Chris Casacchia January 3, 2017 10:32 a.m. share »

Ingram Micro Shakes Up Leadership in Wake of Sale

The $6 billon sale of Ingram Micro Inc. last month to Chinese conglomerate Tianjin Tianhai Investment Company Ltd. ushered in some management and board changes at the world’s largest technology products distributor.

By Chris Casacchia January 2, 2017 midnight share »

Newth Deal

Look to Aliso Viejo to find a key component of a new digital strategy crafted by the nation’s largest telecom as it integrates several recent buys into a new business unit.

By Chris Casacchia January 2, 2017 midnight share »
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CalAmp CFO to Retire

Rick Vitelle, chief financial officer, corporate secretary and executive vice president at CalAmp Corp., is retiring from the Irvine-based company.

By Chris Casacchia December 22, 2016 9:54 a.m. share »

Game Maker Takes Artsy Approach

The recent acquisition of thousands of digital jigsaw puzzles signals a new turn for MobilityWare as it diversifies revenue streams beyond traditional card games.

By Chris Casacchia December 19, 2016 midnight share »

2017 Preview: TECHNOLOGY

The past year was marked by a wave of consolidation in the local technology sector as several big-name companies were taken over.

By Chris Casacchia December 19, 2016 midnight share »

Year in Technology Highlights New Generation

It was a dynamic year in Orange County’s diverse technology sector as several young companies made the leap to market-leading contenders.

By Chris Casacchia December 19, 2016 midnight share »
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Peppers Wins Lott Trophy

University of Michigan standout Jabrill Peppers took home top honors at the 13th annual Lott IMPACT Trophy Awards last night at the Pacific Club in Newport Beach.

By Chris Casacchia December 12, 2016 10:56 a.m. share »

Firm Mulls IPO Hinged on Video Analytics, Other Lines

Irvine Sensors Corp. is exploring an initial public offering as it develops a video analytics platform that incorporates artificial intelligence.

By Chris Casacchia December 12, 2016 midnight share »

Conexant Climbs on Amazon Deal

Conexant Systems Inc.’s new deal with Amazon.com signals a comeback for the Irvine-based chipmaker, which emerged from bankruptcy organization more than three years ago under the ownership of hedge fund billionaire George Soros.

By Chris Casacchia December 12, 2016 midnight share »
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Conexant Chips for Amazon’s Alexa

Chipmaker Conexant Systems Inc. in Irvine is supplying key audio and voice technology to Amazon.com as part of a deal announced this morning.

By Chris Casacchia December 8, 2016 8 a.m. share »
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Microsemi Invests in GE Spinout

Chipmaker Microsemi Corp. in Aliso Viejo is part of a consortium of investors putting $18.7 million into an Irvine startup spun out of General Electric’s Global Research Center.

By Chris Casacchia December 7, 2016 10:17 a.m. share »
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Game App Maker Buys Puzzle Firm

MobilityWare in Irvine bought Critical Hit Software in San Diego on undisclosed terms.

By Chris Casacchia December 7, 2016 7:11 a.m. share »

Irvine Nihon Unit Lands $35 Million Defense Contract

Irvine-based Nihon Kohden America Inc. has been awarded a $35.3 million one-year contract by the Department of Defense to supply patient monitoring equipment.

By Chris Casacchia December 5, 2016 midnight share »

Western Digital Joint Venture Provides New Path in China

The much-anticipated joint venture between Western Digital Corp. and China-based electronics manufacturer Unisplendour Corp. Ltd. is up and running a little more than a year after the agreement was first struck.

By Chris Casacchia December 5, 2016 midnight share »
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Ingram Sale Gets China Nod

Ingram Micro Inc.’s $6 billion pending sale to Tianjin Tianhai Investment Co. Ltd. has gained a key regulatory approval in China.

By Chris Casacchia December 2, 2016 10:42 a.m. share »
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Kingston Sponsors Top Gamer

The gaming accessories unit of Fountain Valley-based Kingston Technology Co. Inc. will sponsor one of the world’s top “Street Fighter” players.

By Chris Casacchia November 30, 2016 4:29 p.m. share »

USB Touted as Ultra-Secure Closes In on Retail Deal

Irvine startup Webcloak is nearing a deal with a national retailer to distribute its USB device, which it says allows users to anonymously browse the web and prevent viruses, data theft or identity breaches.

By Chris Casacchia November 28, 2016 midnight share »

Goldman Gets Behind Fast Grower

Irvine-based Mavenlink Inc. is scouting new headquarters in Irvine to accommodate a hiring push in the wake of raising $39 million from lead backer Goldman Sachs.

By Chris Casacchia November 28, 2016 midnight share »

Hyundai’s New Take on Tech

Here’s what the world didn’t see when Hyundai Motor America Inc. showed off its first self-driving vehicle at the Los Angeles Auto Show last week:

By Chris Casacchia, Mediha DiMartino November 21, 2016 midnight share »

NB-Based Team Tennis Franchise Up for Sale

Orange County’s professional tennis team is up for sale.

By Chris Casacchia November 21, 2016 midnight share »

Vizio Sale in Spotlight of Chinese Buyer’s Finances

Vizio Inc.’s pending $2 billion sale to LeEco bears watching as chatter picks up in analyst circles that the China-based conglomerate has hit a cash crunch as it expands product lines and markets.

By Chris Casacchia November 21, 2016 midnight share »
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Irvine Software Maker Raises $39M

Irvine-based business software maker Mavenlink Inc. has raised $39 million in a Series D round led by Goldman Sachs.

By Chris Casacchia November 15, 2016 5 a.m. share »

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