Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
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.
Newport Beach start-up Obsidian Security has raised $9.5 million in Series A funding led by Silicon Valley venture capitalist Greylock Partners.
Irvine-based analytics software maker Alteryx Inc. bought a Brooklyn, N.Y. company and debuted a new service developed from another recent purchase.
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.
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.
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.
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.
Former Department of Energy Secretary Ernest Moniz has joined the board of a nuclear fusion company in Foothill Ranch.
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.
Ability, Support, Sacrifices Fueled Her Rise at Public Consultancy
Kate Duchene wants to get Resources Global Professionals back on a growth spurt.
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.
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.
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.
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.
Irvine-based Alteryx Inc.’s first quarterly financial report as a public company beat Wall Street expectations.
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
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.
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.
Santa Ana-based Kush Bottles acquired CMP Wellness in a cash and stock deal valued at about $21 million.
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.
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.
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.
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.
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.
Toshiba Cash Needs Put It in Awkward Position
A global battle is brewing among three tech giants with sizeable operations in Orange County.
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.
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.
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.
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.
Irvine-based Western Digital Corp. led a $33 million strategic funding round for a Northern California company that specializes in flash storage systems.
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.
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.
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.
Shenzhen Rapoo Technology Co. Ltd. has established its North American headquarters in Brea.
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.
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.
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.
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.
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.
Shares of Irvine-based Alteryx Inc. surged in its first trading session on the New York Stock Exchange.
Microsemi Corp. has closed a manufacturing plant in China, the Aliso Viejo-based chipmaker said after the close of intraday trading Tuesday.
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.
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.
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.
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.
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.
Qwerty Awaited By Die-Hard Blackberry Fans
The wait is over for those clamoring for the return of the Qwerty keyboard.
New Franchise Basis for Esports League
Blizzard Entertainment Inc. took 18 years to develop a new franchise—the first-person, futuristic shooter “Overwatch.”