Chris Casacchia

Technology Editor/Reporter

Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at casacchia@ocbj.com.

Email: casacchia@ocbj.com
Phone: 949-833-8373 Extension: 225

Recent Stories

Re-Boost: Cell Carrier Seeks Lost Customers, Mojo

Boost Mobile LLC’s new retail concept and expansion will add a few hundred jobs in Orange County as the low-cost carrier tries to reverse deep customer losses of the last few years.

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NB Cybersecurity Startup Gets $9.5M

Newport Beach start-up Obsidian Security has raised $9.5 million in Series A funding led by Silicon Valley venture capitalist Greylock Partners.

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Alteryx Buys, Bows Service

Irvine-based analytics software maker Alteryx Inc. bought a Brooklyn, N.Y. company and debuted a new service developed from another recent purchase.

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Veritone Brings Acacia Along for Bouncy Ride at IPO Party

Licenser to Own Stock, ‘Significant Control’

Veritone Inc.’s $37.5 million initial public offering last month has tied the company’s fate with another Newport Beach technology company.

Netlist Bets ‘Huge Investment’ in Patent Case

Case Alleges Chipmaker Infringed on 5 Patents

Netlist Inc., an Irvine-based storage equipment maker, has concluded its patent infringement argument against chip giant SK Hynix Inc. before the U.S. International Trade Commission in Washington D.C.

Toshiba Parent Fallout Claims New OC Victim

TECHNOLOGY: Telecomm unit to close; more local layoffs planned

Financially troubled Toshiba Corp. will shutter its U.S. commercial phone service division based in Irvine in the second local business closure enacted by the Tokyo conglomerate in a year.

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How Broadcom Shook OC Tech, Real Estate Markets

Company’s Legacy Even Includes Chargers Team

With news that Singapore-based Broadcom Ltd. could sell its campus at Irvine’s Great Park Neighborhoods for $443 million back to FivePoint Communities Inc., here’s a look at how the chip giant has shaken up the local tech and real estate landscape.

Ex-Energy Sec. Joins Board

Former Department of Energy Secretary Ernest Moniz has joined the board of a nuclear fusion company in Foothill Ranch.

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CrowdStrike Gets Another $100M

Irvine-based CrowdStrike Inc. has raised $100 million in its latest funding round, the second time the security software maker has hit that investment benchmark.

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Rare View From the Top

Ability, Support, Sacrifices Fueled Her Rise at Public Consultancy

Kate Duchene wants to get Resources Global Professionals back on a growth spurt.

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District Court Judge Sides With D-Link in FTC Battle

Denies Security Breach Claims in Allegations

U.S. District Judge James Donato has instructed the Federal Trade Commission to dismiss a case against Taiwan-based D-Link Corp., leaving its U.S. subsidiary D-Link Systems Inc. in Fountain Valley as the sole defendant in a case alleging it “failed to take reasonable steps to secure the software for their routers and IP cameras” against hacking methods.

Consumer Electronics Makers’ Employment Flat

18 Biggest Marketers, Makers Employ 4,618

A headquarters move and an axed sale were the big headlines generated recently by Orange County’s largest consumer electronics makers as employment held steady.

Chipmakers’ Employment Flat After Deep 2016 Cuts

Biggest Combine to Trim 15, Leaving 3,947 in OC

Orange County’s biggest chipmakers in the 10 months through the end of April staved off deep job cuts that have defined the sector following Broadcom Corp.’s $37 billion sale to Singapore-based Avago Technologies Inc. last February.

Veritone Raises $37.5M in IPO

Newport Beach-based start-up Veritone Inc. began trading today on the NASDAQ Capital Markets after raising $37.5 million in an initial public offering.

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Alteryx Beats Street in Q1

Irvine-based Alteryx Inc.’s first quarterly financial report as a public company beat Wall Street expectations.

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Vinny Smith Grows VC Fund 33%, Diversifies

FINANCE: Now at $800M; several deals foreseen in coming weeks

Billionaire entrepreneur and Business Journal OC 50 influencer Vinny Smith (see related stories, this page and page 8) continues to grow and diversify Orange County’s largest venture capital fund

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Students Inventors for 3-D Printing Competition

Mogul Chung Searches For Battery Plant Site

More than 200 students will submit projects for the fifth installment of the ocMaker Challenge, which is billed as one of the few school-based 3-D printing competitions in the world.

Free-to-Play Blizzard Game Reaches Player High

TECHNOLOGY: Hearthstone’s 70M buy card sets, accessories

Another game, another milestone for OC 50er Michael Morhaime and his Irvine video game publisher, Blizzard Entertainment Inc.

Kush Bottles Buys Distributor

Santa Ana-based Kush Bottles acquired CMP Wellness in a cash and stock deal valued at about $21 million.

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Overwatch Drives Blizzard Sales

Booming sales of the first-person, futuristic shooter “Overwatch” and an uptick in “World of Warcraft” subscribers boosted revenue in the first quarter for Blizzard Entertainment Inc.

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UEI Boosts IoT in Asset Buy

Santa Ana-based Universal Electronics Inc. has boosted its growing Internet of Things business with a $9 million purchase of certain assets from Residential Control Systems Inc.

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Special Delivery for Mysterious Dreamer

Concept Vehicle Maker Crafts Electric Bus for Chinese Billionaire

The sleek design and sheer size of the latest concept vehicle developed by Gaffoglio Family Metalcrafters Inc. took center stage at a recent invitation-only unveiling at the company’s headquarters in Fountain Valley, though perhaps the more compelling story centers around its customer.

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NY Company Closes 1960s Fullerton Plant

MANUFACTURING: Moves work to Tempe in consolidation

Melville, N.Y.-based electronics manufacturer Park Electrochemical Corp. plans to close its largest U.S. manufacturing plant, which is in Fullerton.

Greenwave Teams With Game Golf to Correct Shots

Offering to Analyze Ways to Improve Game

Fore!

Vizio Could Chart New Course After Deal Dies

TECHNOLOGY: Also assessing data business after privacy settlement

The collapse of Vizio Inc.’s $2 billion sale to LeEco this month highlights the difficulty of completing deals between U.S. and Chinese companies in the current political-economic climate, though it presents one of Orange County’s best-known brands a range of options in the aftermath.

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WD Warns Toshiba Against Deal With Broadcom

Toshiba Cash Needs Put It in Awkward Position

A global battle is brewing among three tech giants with sizeable operations in Orange County.

Veritone Prices IPO

Newport Beach-based start-up Veritone Inc. will sell 1.25 million shares of common stock valued between $14 and $16 per share under terms of its initial public offering, according to a filing today with the Securities and Exchange Commission.

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Western Digital Shifts HQ to San Jose in Hit To OC’s Tech Prestige

TECHNOLOGY: Says Silicon Valley better positions it in industry

Orange County’s largest public company has switched its headquarters designation to Silicon Valley, a reminder of the influence and attraction of the world’s top tech center, and yet another hit to OC’s corporate base.

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Two Acquisitions Paved Way for New Western Digital HQ

Western Digital Corp.’s newly designated headquarters in San Jose reflects the growing influence and importance of the company’s two priciest buys in its 57-year history.

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‘Estadium’ May Boost Blizzard’s Hit Game Overwatch

500-Seat Facility in Taiwan Held First Tournament

Activision Blizzard Inc.’s newly launched sports “stadium” in Taiwan should boost exposure and standing for “Overwatch,” the hit first-person shooter game developed by Irvine-based subsidiary Blizzard Entertainment Inc.

WD Leads $33M Investment Round

Irvine-based Western Digital Corp. led a $33 million strategic funding round for a Northern California company that specializes in flash storage systems.

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TTM’s View From the Top

Acquisitions, Custom Design, Power Growth of Top PCB Maker in America

TTM Technologies Inc. has taken an unconventional route to become the nation’s largest printed circuit board maker.

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Vizio’s $2B Sale Axed

Irvine-based Vizio Inc.’s proposed $2 billion sale to Chinese conglomerate LeEco has been terminated due to “regulatory headwinds,” the companies said Monday morning.

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Cargile Will Lead Roseville-Based Co. From NB Office

Intends To Stay Active In Local Organizations

Chuck Cargile, the former chief financial officer of Newport Corp., has been tapped for the top position at Roseville-based Sunworks Inc. and will lead the solar power provider from an office in Newport Beach.

Cylance Cuts Jobs

Cylance Inc. in Irvine has initiated a round of job cuts in a restructuring.

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Chinese Co. Establishes Brea HQ

Shenzhen Rapoo Technology Co. Ltd. has established its North American headquarters in Brea.

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Phone Accessories Maker Charged About New Case

TECHNOLOGY: Apple’s blessing precedes branch-out

Irvine startup Peri Inc. has high hopes for its second-generation iPhone charger and speaker case as the company looks to expand accessory offerings and attract its first institutional investment round.

Vizio Buyer Makes More Money-Saving Moves

LeEco Puts Up US HQ For Sale as Awaits Buy Closing

Vizio Inc.’s proposed buyer, LeEco, is trying to sell its recently purchased U.S. headquarters in San Jose as the company moves to improve its depleting cash position, according to a Reuters report.

Gaming Vets Sign on for Own Adventure

TECHNOLOGY: Blizzard, Riot alums plan first release

An Irvine startup launched by a trio of former developers at Blizzard Entertainment Inc. and Riot Games is ready to launch its first title.

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Alteryx Insiders to Control Direction Following IPO

Top Execs, Investors Will Hold Most Voting Rights

Alteryx Inc. insiders will control the vast majority of voting rights after the company’s initial public offering last week.

Steelberg Brothers Aim for Hot Tech Sector

TECHNOLOGY: Veritone seeks IPO with revenue issues

Veritone, founded in 2014, sped out of the gate with nearly $14 million in revenue in 2015, its first full year of business.

Alteryx Shares Rise After IPO

Shares of Irvine-based Alteryx Inc. surged in its first trading session on the New York Stock Exchange.

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Microsemi Closes China Plant

Microsemi Corp. has closed a manufacturing plant in China, the Aliso Viejo-based chipmaker said after the close of intraday trading Tuesday.

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Corent’s Outlook Cloudy and Bright

Aliso Viejo-Based Software Maker Offers Faster Migration

Feyzi Fatehi more than decade ago set out to recreate Intel Corp.’s business model for the software industry.

NB, Irvine Rate as Cybersecurity Hubs

TECHNOLOGY: Amenities, pay help; knock on affordability

Two Orange County cities are among the top destinations in the country for cybersecurity professionals, according to recent report by GoodCall LLC.

Kingston USB Drive Packs Storage Power, Big Price Tag

Caters to Niche Users That Requested Extra Space

Fountain Valley-based Kingston Technology Inc. has packed 2 terabytes of storage into a USB flash drive the size of a pack of bubble gum.

Veritone Inc. Files IPO

Newport Beach-based startup Veritone Inc. aims to raise up to $15 million in an initial public offering, according to a registration statement filed yesterday with the Securities and Exchange Commission.

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Alteryx Prices IPO

Irvine-based analytics software maker Alteryx Inc. will sell 9 million shares of Class A common stock valued between $12 and $14 per share under terms of its initial public offering, according to a filing today with the Securities and Exchange Commission.

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TCL Pins Hopes on Return of Coveted Keyboard

Qwerty Awaited By Die-Hard Blackberry Fans

The wait is over for those clamoring for the return of the Qwerty keyboard.

Blizzard’s $1B Rebound: Overwatch

New Franchise Basis for Esports League

Blizzard Entertainment Inc. took 18 years to develop a new franchise—the first-person, futuristic shooter “Overwatch.”