Orange County Business Journal

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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.

OrigAudio Passes Sound Check

Speaker Maker Builds on Early Publicity Boost

EXCELLENCE IN ENTREPRENEURSHIP AWARDS: OrigAudio has a vintage SoCal tech startup story

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Broadcom Corp. Reaping Rewards of Smartphone War

Samsung Helped Company Achieve $8B Sales Record

Broadcom Corp. reaping rewards of smartphone war, in Technology

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Spot On

Early Pick of Niche Market Key to Virtium’s Growth

EXCELLENCE IN ENTREPRENEURSHIP AWARDS: Phu Hoang knows how to pick his spots

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Blizzard Game Sees Brisk Sales

Sales for Blizzard Entertainment Inc.’s new release, StarCraft II: Hearts of the Swarm, are off to a strong start, raking in more than $44 million in its first two days.

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Green Automotive Secures $3M in Financing

Start-up Green Automotive Co. has secured $3 million in financing from Kodiak Capital Group LLC for business development and general corporate purposes in a deal between two Newport Beach-based companies.

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TTM Cuts China Capacity With Joint-Venture Swap

TECHNOLOGY: Circuit board maker to get $84 million in deal

Costa Mesa-based circuit board maker TTM Technologies Inc. will cut its production capacity in China

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Studio System in Spectrum

Blizzard’s Game Development Resembles Hollywood

MEDIA Studio system in Spectrum

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Iteris Sees Private-Sector Potential in Traffic Software

Bulk of Revenue So Far on Sales to Public Agencies

Iteris sees private-sector potential in traffic software, in Technology

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STEC Talks With Dissidents Break Off

Santa Ana-based disk drive maker STEC Inc. announced on Friday that settlement talks to avert a proxy battle with two investors have broken down.

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Quantum’s Shift From Renewables Brings Wind-Farm Sales

MANUFACTURING: Part of refocus on tanks for natural gas

Quantum’s shift from renewables brings sale of wind farms

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Acacia’s Pockets Go $328.3M Deep for Patent Buys

Switch From Licensing; Boosts Med Tech Buys

Acacia’s patent-buying spree in 2012 helped the company hit record revenue, profits last year, in Technology

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Blizzard Renews in Spectrum; New Hires, Games in Works

MEDIA: Extension said to run for 7 years; “Titan” project prompts buzz

Blizzard Entertainment inks a new lease for its headquarters in the Irvine Spectrum

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Play N Trade Seeks Global Route Around GameStop

RETAIL: Former fast-grower adds services, markets in rebound bid

Play N Trade seeks global route around GameStop

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STEC Talks With Dissidents Break Off

Shares of STEC Inc. continued their slide Friday after the Santa Ana-based disk drive maker announced that settlement talks to avert a proxy battle with two investors have broken down.

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STEC Shares Plunge

Shares of STEC Inc. slumped in afternoon trading Friday, a day after the Santa Ana-based disk drive maker reported fourth-quarter earnings that missed Wall Street expectations and gave an outlook in the current quarter below estimates.

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STEC Shares Plunge

Shares of STEC Inc. plummeted in afterhours trading Thursday after the Santa Ana-based disk drive maker reported fourth quarter earnings that missed Wall Street expectations and gave an outlook in the current quarter below estimates.

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Western Dig in 2nd Round for San Jose Company

Western Digital Corp. has backed San Jose-based start-up Skycera Inc. in a $51 million financing round, the disk drive maker announced Tuesday.

NB Consultant Charged With Fraud Against Cisco

The head of a Newport Beach-based consulting firm has been arrested and charged with wire fraud and identity theft, the FBI’s San Francisco division and U.S. Attorney’s Office jointly announced on Tuesday.

NB Consultant Charged With Fraud Against Cisco

The head of a Newport Beach-based consulting firm has been arrested and charged with wire fraud and identity theft, the FBI’s San Francisco division and U.S. Attorney’s Office jointly announced on Tuesday.

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Western Dig in 2nd Round for San Jose Company

Western Digital Corp. has backed San Jose-based start-up Skycera Inc. in a $51 million financing round, the disk drive maker announced Tuesday.

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Data Center Entrepreneur Set for Next Venture

SERVICES: Founder of Latisys predecessor in Phoenix startup

Mark Towfiq, a local entrepreneur who’s cashed out twice after growing and selling data centers, is getting back in the storage business.

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Rockwell Collins Adds to Airbus Work at Tustin Operation

MANUFACTURING: Will design, assemble rudders, brake pedals

Rockwell Collins’ unit adds to airbus work at Tustin operation

Smith’s VC Firm Gets Busy, Turns Focus Nationwide

FINANCE: Toba links with Intel, Cisco, among others

Vinny Smith’s VC firm gets busy, turns focus nationwide

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OC Hub for Amazon Cloud?

Hiring Pattern Points to Spectrum Office

Amazon’s Irvine operations appear to be taking shape as the company’s hub for marketing offerings of cloud services in SoCal

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Minority-Owned Businesses Near $11B in Annual Revenue

45 Biggest Combine for More Than 8,000 Jobs Here

Minority-owned businesses near $11 billion in annual revenue. Includes the 2013 OC's LARGEST MINORITY-OWNED BUSINESSES list for download (pdf)

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Blizzard’s Latest to Fans: ‘See You Round the Campus’

Bash for StarCraft II Debut to Begin at Spectrum HQ

Blizzard’s throwing a launch party leading up to March 12 release of Heart of the Swarm, in Technology

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OC Tech’s New Pipeline: Interns

Pay Rates Rise, Competition Heats Up

OC tech’s new pipeline: interns

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Chicago Hedge Fund Ups Stake in QLogic

Chicago-based Citadel Investment Group, headed by billionaire hedge fund manager Ken Griffin, has upped its stake in QLogic Corp.

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Chicago Hedge Fund Ups Stake in QLogic

Chicago-based Citadel Investment Group, headed by billionaire hedge fund manager Ken Griffin, has upped its stake in QLogic Corp.

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Kofax Buys Analytics Software Maker

Business software maker Kofax PLC in Irvine has acquired a Pennsylvania company for $13.5 million in cash.

BK Puts Conexant in Hands of George Soros’ Fund

TECHNOLOGY: Restructuring plan would shed $195M in debt, leases

Bankruptcy puts Conexant Systems Inc. in hands of billionaire George Soros

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Emulex Veteran Taps Colleagues for Storage Startup

Jeda Bills Virtual Networks Software as Cost-Saver

Emulex veteran taps colleagues for storage startup, in Technology

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Kofax Buys Analytics Software Maker

Business software maker Kofax PLC in Irvine has acquired a Pennsylvania company for $13.5 million in cash.

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Conexant Files for BK

Newport Beach-based chipmaker Conexant Systems Inc. filed for Chapter 11 bankruptcy protection Thursday morning in Delaware.

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Conexant Files for BK

Newport Beach-based chipmaker Conexant Systems Inc. filed for Chapter 11 bankruptcy protection Thursday morning in Delaware.

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Emulex Shareholder Calls for Sale

A major shareholder of networking equipment maker Emulex Corp. has asked the Costa Mesa-based company to make changes to its board or consider a sale on the heels of its $130 million acquisition of Endace Ltd.

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Latisys Makes Another Addition to Irvine Data Center

Demand for Data Storage Leads to Second Phase

Latisys makes another addition to Irvine data center, in Technology

Monié Aims to End Ingram’s Aussie Troubles

TECHNOLOGY: Region had operating loss of $40M last year

Monié aims to end Ingram’s Aussie troubles

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Blizzard Goes Offline for PlayStation

Game Maker in Deal With Sony

Blizzard will make one of its games available for consoles for the first time under a recent deal with Sony Computer Entertainment

Private Equity Puts $100M on Mobilitie’s Next Push

TECHNOLOGY: Focus on cell stations for high-traffic venues

Mobilitie raises $100M to fund high-speed antenna systems, cellular base stations to serve high-traffic public venues

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Newport Corp. Shares Jump

Shares of laser maker Newport Corp. continued to surge Thursday, a day after the Irvine-based company announced adjusted profits that widely beat Wall Street expectations.

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BlizzCon Set for November in Anaheim

Irvine-based Blizzard Entertainment Inc. has set a date for the return of its BlizzCon fan fest, which will be held at the Anaheim Convention Center on Nov. 8 and 9.

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Mobilitie Raises $100M

Newport Beach-based Mobilitie LLC has raised $100 million to fund high-speed antenna systems and small cell station infrastructure for high-traffic public venues such as sports stadiums, along with Wi-Fi networks and new wireless tower sites across the U.S.

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Italian Machine Maker Plans Anaheim Showroom

A U.S. unit of Italian equipment maker Biesse Group is slated to open a West Coast showroom in Anaheim.

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Broadcom in Line for Another Bite of Apple?

TECHNOLOGY: New baseband chip could grow links on iPhone

Is Broadcom in line for another bite of Apple?

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Creditor Wants Liquidation of Telecom Equipment Maker

TECHNOLOGY: Powerwave’s accounts seized amid bid for sale

Telecom equipment maker Powerwave Technologies is mounting a last defense to keep its doors open

Mindspeed Goes 3-for-3, Shows Signs of Turnaround

Sales Up 31%; Costs Fall With Picochip Integration

Mindspeed goes three-for-three, shows signs of turnaround, in Technology

Kingston on Customer Tests: Go Big, Turn Quick

TECHNOLOGY: Hundreds around world weigh in on wireless reader

Kingston Technology Inc. is amid one of its largest product tests to date

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Italian Machine Maker Plans Anaheim Showroom

A U.S. unit of Italian equipment maker Biesse Group is slated to open a West Coast showroom in Anaheim.