TECHNOLOGY: Powers streaming content channel for TV maker
Technology by Irvine-based XUMO is powering a free streaming content service geared for U.S. customers of LG Electronics Inc., the world’s second largest TV manufacturer.
Records Integration One Of Series of Tech Changes
Irvine-based St. Joseph Health, one of the largest healthcare operators in Orange County, set out four years ago to establish a single electronic record for each patient who visits any of its 16 hospitals spread across California, Texas and New Mexico.
Sensors, Already Popular With Amateurs, Move Up
World-class surfer and part-time San Clemente resident Jordy Smith is trying to level the playing field, not against the competition, but Mother Nature.
17 Biggest Down 756 Jobs To Just Under 4K Workers
Big job cuts at Broadcom Ltd. following its $37 billion sale in February to Singapore-based Avago Technologies Inc. and a string of divestitures fueled one of the steepest local employment drops in the chip sector in years.
Hard Drive Sales Sink To Five-Year Low at 40M
Western Digital Corp.’s hard drive sales have fallen to the lowest level since heavy monsoons and record floods shut down its Thailand manufacturing hub nearly five years ago.
A manufacturer in Irvine has won a nearly $97 million contract to supply weapon components to the U.S. Army.
Twitch.tv, the world’s largest live-streaming site for gaming content, acquired Irvine-based Curse Inc., which creates content for gamers.
Gym Battle Provides Face Time With Game’s Fans
Fountain Valley-based Kingston Technology Inc. is the latest OC tech company trying to capitalize on the Pokémon Go craze sweeping the globe.
Twitch.tv, the world’s largest live-streaming site for gaming content, has acquired Irvine-based Curse Inc., which creates content for gamers.
Shares of Smith Micro Software Inc. are down in its first trading session after the Aliso Viejo-based company initiated a reverse stock split before the start of trading today.
EnCore’s New Airliner Seat Certification Unit Ready To Leverage Boeing Contract to Gain Market Share
An acceleration sled propelled by two compressed air tanks has just concluded one of its first thrusts down a 120-foot runway in a renovated wing at the Huntington Beach headquarters of EnCore Aerospace LLC.
Aliso Viejo-based chipmaker Microsemi Corp. took naming rights of the Los Angeles Rams practice facility at the University of California-Irvine.
Obama Adviser Marks Increased Applications
Michelle Lee, a senior economic adviser to President Barack Obama and the country’s top patent official, in a recent interview with the Business Journal highlighted the importance of new technologies related to cybersecurity, a growing area of specialization in Orange County.
Led By T-Mobile, Which Added 175 Employees
The continued growth of T-Mobile USA Inc. and Mobilitie LLC’s local operations boosted the employment of the largest telecommunications companies in Orange County over the year ended July 31.
Aliso Viejo-based chipmaker Microsemi Corp. has taken naming rights of the Los Angeles Rams practice facility at University of California-Irvine.
Smith Reflects on Pass Of Chance to Buy Dell Unit
The allure of taking over the business software unit he grew to about $1 billion in annual revenue until its $2.8 billion sale in 2012 to Dell Inc. wasn’t enough to win over Vinny Smith.
Irvine will become the latest U.S. market to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The Mountain View-based tech giant initially is rolling out the service only to select Irvine Co. properties, the companies said today.
New Career at Newport Beach-Based Storytelling Enterprise ‘Feels Right’
Kobe Bryant has enlisted some Hollywood big men to craft the next chapter of his life after basketball.
The dining room table is Vinny Smith’s preferred office these days.
How OC’s Wealthiest Got Much Wealthier
This year’s crop of OC’s richest residents managed to outpace the market by a longshot, thanks to a number of additions and several deals that helped boost the combined wealth of the 45 entries to $72.5 billion.
Douglas Acquisitions Picks Up Lake Forest-Based Firm
Quantum Fuel Systems Technologies Worldwide’s recent sale to Douglas Acquisitions LLC may provide the runway and resources to finally put the Lake Forest-based company on solid financial ground after years of tweaking its business model and product lines.
Irvine-based Western Digital Corp. reported lower annual sales and adjusted profits.
Irvine-based Western Digital Corp. co-led a $77 million funding round for a Redwood City startup with noted Silicon Valley venture capital firm Kleiner, Perkins, Caufield and Byers.
Irvine-based Vizio Inc. has been acquired for $2 billion by LeEco, a conglomerate based in China.
Ener-Core Grants Rights To Make, Sell Industrial Units
A new licensing and manufacturing deal with Dresser-Rand could bring profitability to Irvine-based Ener-Core Inc. after nearly a decade in the red.
Ingram Micro Inc.’s pending $6 billion sale to Chinese conglomerate Tianjin Tianhai Investment Co. Ltd. has run into its first hurdle that could ultimately derail the deal.
Lake Forest-based Quantum Fuel Systems Technologies Worldwide Inc. was purchased by Douglas Acquisitions LLC, an affiliate of second-position secured creditors.
Newport Beach-based startup Predictive Inc. has acquired a Silicon Valley software maker developing advanced learning applications.
Epicor Originally in Irvine, Dell Unit Came From Quest
Two software makers with deep roots in Orange County that helped develop the industry here quietly changed hands in private equity deals.
TECHNOLOGY: Citigroup among backers of cybersecurity specialist
One of Orange County’s fastest growing companies is crafting a strategy to claim new ground with a push into the consumer market.
Vinny Smith’s Toba Capital in Newport Beach has led an $11 million Series A round for business software maker Grow.
The Los Angeles Rams will hold the team’s annual summer training camp at University of California-Irvine for the next three years.
Some See Better Breaks, Others Innovate on Own
Vast strategic and management changes and hundreds of local job cuts initiated over the past few years at Broadcom Corp. and more recently at Broadcom Ltd. are creating opportunities for former executives that ultimately could reshape Orange County’s technology landscape.
Laguna Beach-based virtual reality content maker NextVR Inc. raised $20 million from CITIC Guoan Information Industry, a state-owned investment firm in China.
Angel Star Endorses Model With Data Sensor
Mike Trout is part of an effort to bring America’s Pastime into the age of data with the game’s first smart bat.
Western Digital Corp. today raised its guidance for the current quarter and initiated an executive change.
Laguna Beach-based virtual reality content maker NextVR Inc. has raised $20 million from CITIC Guoan Information Industry, a state-owned investment firm in China.
D-Link Wi-Fi Camera To Join HomeKit Products List
Fountain Valley-based D-Link Systems Inc. has its first product approved for Apple Inc.’s developing HomeKit platform, which offers a selection of services for connected-home devices.
Irvine-based Ingram Micro Inc. is cutting more than 900 workers at a wireless device repair and distribution center in Fort Worth, Texas.
Games on Go, Other Event Limit Local Attendance
Orange County video game makers were uncharacteristically absent from the recently concluded annual Electronic Entertainment Expo at the Los Angeles Convention Center.
TECHNOLOGY: CrowdStrike in demand to thwart cyberattacks
CrowdStrike Inc. has been hired by the Democratic National Committee to halt a breach carried out by intelligence hackers from Russia, according to the Irvine-based security software maker.
Irvine-based data management software maker Vision Solutions Inc. has been sold to private equity firm Clearlake Capital Group L.P. in Santa Monica.
AEROSPACE: Kapco buy in Netherlands brings global scale
Kapco Global’s acquisition of Avio-Diepen in the Netherlands has positioned the Brea-based company to better compete against the distribution units of aerospace giants Boeing Co. and Airbus Group SE.
Aliso Viejo-based networking products maker QLogic Corp. said it will be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.
Private Red Herring Event Opp for High-Potentials
A handful of OC tech companies presented their stories to interested investors and executives across the country at a recent invite-only conference in Newport Beach.
MEDIA: Domestic opener tame by comparison to $150M take over there
The movie based on Blizzard Entertainment Inc.’s franchise fantasy game could be on its way to becoming Hollywood’s biggest hit in China.
Former Broadcom Corp. executive Robert Rango has been named chief executive of Irvine-based battery maker Enevate Corp.
Shares of Aliso Viejo-based networking equipment maker QLogic Corp. rose 10% after the company said it would be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.
SanDisk, HGST to Bring About $1B in Savings
Western Digital Corp.’s massive integration of SanDisk Corp. and HGST already has led to more than 500 job cuts in the past month, and more are expected.
TECHNOLOGY: Education push includes augmented reality
Irvine-based software maker EON Reality Inc. hopes to keep its growth up by bringing virtual and augmented reality content to the masses through an aggressive international plan centered on education and awareness.