Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at email@example.com.
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San Jose-based Broadcom Inc., which maintains a sizeable operation in Irvine, has issued another round of deep job cuts following an acquisition.
Subsidiary of Japanese Audio Equipment Makera
The Irvine-based H&X Technologies, part of Hibino Corp. in Tokyo, was launched about a year ago to establish a foundation in Southern California to sell and lease its suite of high-res LED displays and products through the U.S.
Says Software Boosts Cos., Even Fights Malaria
The influence and future of data analytics was on full display at Alteryx Inc.’s annual convention at the Anaheim Convention Center.
RETAIL: Beauty, nutrition co. was handicapped by crashes
A digital transformation and IT overhaul launched five years ago helped Arbonne International LLC move from a stagnant retailer to a coveted takeover target.
TECHNOLOGY: New owners cut quickly, eye ‘synergies’
Microchip Technology Inc. Chief Executive Steve Sanghi has ousted the entire management team at Microsemi Corp. following its $10.3 billion acquisition, according to sources close to the matter.
Jim Rome, who’s attracted millions of listeners with his hot takes on sports and pop culture and his confrontational demeanor, has been nominated for the National Radio Hall of Fame.
Telematics Specialist CalAmp Expands Services
The beeps intensify, and the directional signal from the LoJack stolen-vehicle recovery system is pointing north.
Keeps His Money; Maybe He’s Just Partial to Hockey
Broadcom co-founder and Anaheim Ducks owner Henry Samueli passed up an opportunity to buy a professional video gaming team.
Activist Investors’ Picks Challenge Chair, Director
Acacia Research Corp.’s annual shareholder meeting next week could determine the direction the Newport Beach-based company will take after several years in choppy waters.
SPORTS: NFL superagency crosses over to the NBA
The National Basketball Players Association bucked tradition and decades of history in selecting a new subsidiary formed by Athletes First LLC in Laguna Hills to handle licensing and other partnerships for its star players rather than the league that helped make it the most powerful union in professional sports.
China Gives Nod to $18B Deal to Kingston Group
Chinese regulators approved the $18 billion sale of Toshiba Corp.’s lucrative flash memory unit to a consortium that includes Fountain Valley-based Kingston Technology Co.
Cuts at Headquarters Meant to Fuel Growth
Vizio Inc. has downsized its Irvine operation and is in jeopardy of losing its long-held No. 2 position in flat-panel TV sales in North America.
STARTUPS: Cloudvirga pledges OC’s growing fintech fraternity
Irvine-based startup Cloudvirga Inc. has attracted big-name customers and backers as it aims to modernize a mortgage industry steeped in manual processes more than a decade old.
Revenue Rises Over 40%, Mostly on Media Business
Veritone Inc.’s latest quarterly report produced a mixed bag of results for the wildly traded Costa Mesa company trying to crack into the booming but highly speculative artificial intelligence market.
TECHNOLOGY: Raise $5M, plan new VC round with big backer
An Irvine-based startup led by former Broadcom, Mindspeed Technologies and Lantronix Inc. executives has emerged with backing from the world’s largest chipmaker and its first deal.
Irvine startup Cloudvirga today announced it closed a $50 million Series C funding round led by private-equity firm Riverwood Capital in Menlo Park.
Modest Job Gains As Microsemi Sale Looms
This year’s roundup of Orange County’s largest chipmakers is defined by the deals that got done and the one that got away.
Early Returns on Major Moves At Big Three Coming Soon
The largest consumer electronics makers in Orange County shrank payrolls slightly compared to last year.
Shares of Clean Energy Fuels Corp. surged after the Newport Beach company said it received an investment and launched a new leasing program for natural gas heavy duty trucks.
Analytics software maker Alteryx reported first quarter revenue and operating income that beat Wall Street expectations.
TECHNOLOGY: NY buyout house merges OC firm, 3 more
A Lake Forest security services provider is gaining global resources and deep pockets as a result of a four-company merger led by private equity firm The Riverside Co.
Post Shows He’s Ready For Next Challenge
Olloclip founder Patrick O’Neill has left the Huntington Beach company he established in 2011, a company that brought consumers quality attachable lenses to improve smartphone photos.
Presales for Blizzard Entertainment Inc.’s next World of Warcraft expansion helped boost revenue in the first quarter, though operating income decreased as it rolled out new business lines.
Kingston Player In New Esports Arena
Las Vegas, built on gambling and embellished with rock-star residencies, Broadway musicals, magic acts, adult entertainment and exclusive nightclubs, has a new game in town with a different demographic.
SPORTS: AVP event to host overseas and US teams
The Association of Volleyball Professionals will open its season this week in Huntington Beach with international flair.
Opens OC Outpost Of Small-Classes Concept
Engineer-turned-entrepreneur Jim Shen is bringing an educational concept developed in Silicon Valley to Orange County.
CalAmp Corp. (Nasdaq: CAMP) topped Wall Street estimates in revenue and operating income in the February quarter, reporting after the market closed.
Santa Ana-based Ducommun Inc. (NYSE: DCO) has acquired Certified Thermoplastics Co. LLC for $30.5 million.
$199 Passes Sell Fast; Virtual Versions an Option
Irvine-based Blizzard Entertainment Inc. will hold its annual fanfest Nov. 2 and 3 at the Anaheim Convention Center.
$11.7M to Software Maker That Saves Firms Money
Serial entrepreneur Tracy Price has been running down a dream for more than two decades.
‘$900M on High End,’ Says Founder
App developer Titan Health & Security Technologies Inc.’s new contract with a global security services firm has propelled the Newport Beach-based startup into the nation’s upper tier of emergency communication providers.
Surf City Unicorn Aims to Scale Space
Huntington Beach-based Rocket Lab will open a 14-day window this week on its first commercial orbital launch.
Meets Worker Shortfall Challenge as Work Builds
Kathryn Brewer is charting the next leg of growth for Leading Edge Avionics.
Big Shareholder Cries Foul, Cites Skills Dearth
Acacia Research Corp. has appointed two additional independent directors to its board, much to the consternation of one of its largest shareholders, which has pressed the Newport Beach-based company to replace its chairman and another board member.
The value of the Los Angeles Angels of Anaheim rose 3% in the past year to $1.8 billion, according to Forbes’ latest annual estimates.
$5B Rollup Included Homegrown Telogis
The long-awaited integration of Verizon Communications Inc.’s telematics unit, which featured a key acquisition in Orange County, is complete.
Mass-Emails Specialist Triples Its OC Space
Denver-based SendGrid spent more than a year designing its new 22,000-square-foot office at 400 Spectrum Center in Irvine.
10-K Also Lays Out Customer-Base Diversity
The financial terms of Alteryx Inc.’s two acquisitions last year were among the disclosures included in the recent 10-K filing by the Irvine-based analytics software maker.
New York Investors Don’t Buy New Business Strategy
One of Acacia Research Corp.’s largest shareholders is waging a proxy battle to oust the company’s chairman and another director up for re-election.
Lawyer Leveraged Scary Incident Into Lifesavers
Software engineers at Newport Beach-based startup Titan Health & Security Technologies Inc. are developing two mobile features to improve communication and geolocation for its patented Next Gen 911 app system.
OC Voter Agency Works With State, Feds on Efforts
Orange County’s congressional districts will have some of the most hotly contested primaries in the nation—in cyberwarfare.
His Hybrid Firm’s Teams Breed, Grow Ideas Together
Anderee Berengian has developed a unique business model at Cie Digital Labs for employees and the companies they help fund and grow.
As It Pursues Energy’s Holy Grail, TAE Seeks to Market Decades of R&D
TAE Technologies Inc., one of Orange County’s most funded and promising technology companies, has launched its first commercial application through a newly formed subsidiary.
Feds’ Disapproval Based On Overseas Concerns
President Donald Trump’s presidential order blocking Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc. marks the second time in less than three years that the federal government has intervened to halt a transaction with deep ramifications in Orange County.
Newport Beach-based Clean Energy Fuels Corp. in the fourth quarter recorded a steep sales drop and wider losses.
President Donald Trump scuttled Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc., signing a presidential order Monday prohibiting the bid due to national security concerns, according to news reports.
Hoag Memorial Hospital Presbyterian in Newport Beach has assumed the title sponsorship of Orange County’s only PGA Tour event, renaming it the Hoag Classic.
Veritone Shares Dive In ‘Revolution’s First Inning’
Veritone Inc.’s fourth-quarter results were as volatile as the company’s roller coaster ride on Wall Street in its first year as a public company.
Deal After Deal While Bleeding Orange
Jim Peterson’s 31st deal at the helm of Microsemi Corp. will likely be his last, cementing a legacy that extends well beyond Orange County’s business community.
Teams With Microsoft on Smart Glasses
Toshiba America Information Systems Inc. has launched a smart-glass, augmented-reality PC for enterprise customers in its first technological breakthrough in years.