Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
Irvine-based Alteryx Inc. reported third quarter sales and operating profits that beat Wall Street expectations and provided modestly improved guidance for the current quarter.
Image Protect Follows Path of Two Others in OC
Another Orange County company plans to raise capital through a new crowdfunding mechanism.
TECHNOLOGY: CrowdStrike follows talent, money to new HQ
One of Orange County’s hottest and highest valued private companies has moved its headquarters from Irvine to Silicon Valley.
SPORTS: Hoag deal, civic deeds vs. poor optics
The business challenges facing the Los Angeles Chargers front office in Costa Mesa midway through the season haven’t changed much since owner Dean Spanos moved the franchise north in January.
Shares of Clean Energy Fuels Corp. (Nasdaq; CLNE) plummeted in afterhours trading after the Newport Beach company reported a steep sales drop and loss for the third quarter, and a big charge-off related to underperforming and unprofitable stations.
Chipmaker Broadcom Ltd. plans to move its official headquarters to the U.S. from Singapore, the company announced today at a press conference that included Broadcom Chief Executive Hock Tan and President Donald Trump.
Santa Ana-based Ducommun Inc. reported mixed results for the third quarter and announced a restructuring plan.
Move to Grow Web-Insight Specialist Workforce 20%
A fast-growing software service provider for brand manufacturers has moved to a larger headquarters at the Irvine Spectrum as it preps a product launch.
Losses and Stigma Still Block the Stock
Terra Tech Corp.’s game plan in the budding recreational and medicinal marijuana industry aims to bring seed to sale under one roof.
TECHNOLOGY: Coming home to Microsoft’s voice-activated assistant
Smartlabs Inc. Chief Executive Rob Lilleness entered a meeting this past summer at Microsoft Corp. headquarters expecting software development work.
Aliso Viejo-based Microsemi Corp. has reached a deal to acquire the timing device business of Vectron International for $130 million.
Gives Equipment, Own Data Center for Recovery
An Irvine company is offering free data storage for the next six months to businesses affected by hurricanes Irma, Harvey and Maria.
Esports Arena Debuts at Johnny Carson’s Old Studio
Studio 1 looked every bit its age before the demolition crews arrived.
Toshiba America Business Solutions Inc. has moved its North American headquarters from Irvine to Lake Forest, where executives are mapping an acquisition strategy last implemented nearly a decade ago.
The gaming division of Fountain Valley-based Kingston Technology Inc. has been named the official headset partner of the Philadelphia 76ers.
MANUFACTURING: Firm gets first LA Unified bus order
ADOMANI Inc., the first equity crowdfunded company to list on the Nasdaq, has moved its headquarters from Newport Beach to Corona in Riverside County and landed its first contract to build an electric school bus.
M&A, Growing Business Lines Highlight Sector
Two big takeovers and a headquarters move to Orange County shook up the local landscape for the largest aerospace and defense contractors with operations here.
Judge Dismisses Counts Against FV Subsidiary
A federal judge dismissed three counts against D-Link Systems Inc. in Fountain Valley levied by the Federal Trade Commission alleging security lapses in its consumer router and IP cameras.
Microsoft Partner Absorbed by IT Provider
Irvine fast grower Xelleration LLC will gain access to new markets and regions with its recent sale to Albuquerque-based IT services provider Speridian Technologies.
Millions in Upgrades; New Seating Options
Multimillion-dollar upgrades at Honda Center during the off-season were in clear view for Anaheim Ducks fans as they walked through the turnstiles of the south entrance before last Thursday’s home opener against the Arizona Coyotes.
Shares Up 39% as It Strikes Deals, Gets Props
Wall Street in about the past month is liking the story of artificial intelligence and media firm Veritone Inc.
TECHNOLOGY: Some insiders sell; sales stay hot in hot ‘BI’ space
Life in the public eye got intriguing for one of Orange County’s best tech stories in years, Alteryx Inc., the Irvine software maker that made a splashy Wall Street debut in March.
TECHNOLOGY: Bidders include OC storage king Kingston
Kingston Technology Inc. has quietly joined forces with a consortium of global giants aiming to buy Toshiba Corp.’s flash memory business for $18 billion
TECHNOLOGY: Name, HQ stay; Vinny keeps winning
Software security maker SecureAuth Corp., one of the closely watched companies in Orange County’s developing cybersecurity hub, has agreed to a $200 million sale to El Segundo-based private equity firm K1 Investment Management.
Tech Manufacturing Founder Found His Spot After Flight from Vietnam
A two-year push in software development at Virtium Technology in Rancho Santa Margarita has led to a product offering designed to ease storage and transfer of huge data files in industrial networks.
At Least One Exec Says It Doesn’t Go Far Enough
A recently introduced U.S. Senate bill that’s garnered bipartisan support is one of the first to address the Internet of Things, a booming segment entangled throughout industrial networks, consumer electronics and government infrastructure, among other applications.
Sonendo Inc. in Laguna Hills raised $50 million in a growth investment round by New York private equity firm General Atlantic.
AEROSPACE: EnCore Group ‘has that same flavor’
The seat-manufacturing unit of Huntington Beach-based EnCore Group has lined up three launch customers as it awaits clearance for one of the toughest certification approvals in aviation.
Arena, Other Facilities To Hum With Printers
Irvine-based Toshiba America Business Solutions Inc. has been named the official document solutions provider for the Anaheim Ducks.
Sports agent and attorney Jeff Moorad has been named chairman of Morgan, Lewis & Bockius LLP’s new global sports business.
Santa Ana-based aerospace manufacturer Ducommun Inc. closed its $60 million cash buy of LS Holdings Company LLC, the company said today.
Says He’s Considering Picking Up Headset Maker
Is Palmer Luckey seriously contemplating a bid for virtual reality headset maker HTC Vive?
TECHNOLOGY: Patent enforcement ‘not what it used to be’
Acacia Research Corp.’s prolonged downward spiral on Wall Street has been propelled by recent changes in intellectual property rights and litigation.
The local units of Cedar Rapids, Iowa-based Rockwell Collins Inc. could be in line for another shakeup in the wake of its planned $30 billion sale to United Technologies Corp.
Seat Producer Gets Indian Work as Rockwell Waits
It doesn’t appear that the local operations of Rockwell Collins Inc. will benefit from the recent push from domestic and international airliners to install plush and pricey premium seating.
Some Businesses Here Suffer Losses; Many Open Hearts and Wallets
While several Orange County companies assess the damage of operations, equipment and property from Hurricane Harvey, others are pulling resources to provide relief for as many as 30,000 displaced residents in southeastern Texas and the Louisiana Gulf Coast.
TECHNOLOGY: Threat solver in early talks with Cylance
A burgeoning concentration of cybersecurity companies and plenty of potential corporate customers has led a Swiss security software maker to establish its North American headquarters in Newport Beach.
Six List Newcomers in Hot Spaces: AI, Gaming
A mix of new and established companies helped Orange County post solid job growth in the software sector for the second consecutive year.
New Clinic Walks Victims Through Cleanup Process
Bryan Cunningham’s vision, crafted over the past year to create one of the country’s top cybersecurity policy and prevention centers, is taking shape at the University of California-Irvine.
Arts, Charity, Mentoring The Focus, Not Retirement
The Business Journal recently caught up with Victor Tsao, who splits his time between Asia and Orange County.
Obsidian, Veracity, Others Step Into Breach for Firms
Early this year, Glenn Chisholm was contemplating leaving the chief technology officer role at security software maker Cylance Inc. in Irvine.
Public Safety and Security Soon $500B Market
Two Orange County technology companies are trying to cut down emergency response times when seconds can mean the difference between life and death.
Ducommun to Make Body Of Converted Freighter
Ducommun Inc., which recently relocated its headquarters from Los Angeles to Santa Ana, has begun manufacturing aluminum aircraft structures for the Next-Generation 737-800 Boeing Converted Freighter program.
TECHNOLOGY: Mobilitie grows on 5G buildout
Employment in Orange County’s telecommunications sector was buoyed by strong gains from the local operation of T-Mobile USA Inc. for the second consecutive year.
Irvine-based software maker Vision Solutions Inc. has changed hands again as part of a $1.2 billion sale between two private equity firms.
Newport Beach private equity firm JW Hill Capital has acquired an aerospace parts manufacturer in Burbank.
Chipmaker’s Sales Rose In Three of Four Segments
Aliso Viejo-based chipmaker Microsemi Corp. turned in a strong June quarter, growing sales in three of its four key markets.
SPORTS: Team rewards owner, fans, sponsors with televised title
Orange County’s professional tennis team is looking to build momentum off the court after winning the Mylan World TeamTennis championship under first-year owner Eric Davidson.
TECHNOLOGY: ‘Very deep pockets ... a very good thing’
Irvine IT services provider Trace3 could change its long-held growth strategy under the financial muscle of new private equity owner H.I.G. Capital.