Orange County Business Journal

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Microsemi Earnings In-line Q1, Tempers Q2 Outlook

Aliso Viejo-based chipmaker Microsemi Corp. reported revenue and adjusted profits for the December quarter in line with Wall Street with estimates but provided a sales outlook for the current quarter below Wall Street expectations.

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Acacia Shares Drop on Patent Ruling

Shares of Acacia Research Corp. dipped sharply after the company received an unfavorable ruling on patent infringement claims it made against some large technology companies.

2015 Preview: TECHNOLOGY

2015 holds the potential for some game changers in Orange County’s diverse technological landscape.

Oculus Moves HQ to Silicon Valley

TECHNOLOGY: Sets up shop next to Facebook’s new campus

One of Orange County’s most promising technology companies has moved to Silicon Valley.

Wahoo’s Lam Hits CES to Help Tout Startup Eco App

TECHNOLOGY: Works show floor for Aliso Viejo company

Wahoo’s Fish Taco cofounder Wing Lam helped Aliso Viejo-based startup My Open Road Corp. grab some industry attention at the recent International CES convention in Las Vegas.

TVs Scarce at CES as Other Products Take Spotlight

No Toshiba Tube Launch, Vizio Doesn’t Even Show

Two notable trends at this year’s International CES convention in Las Vegas may provide a glimpse into the quickly changing habits and demands of consumers.

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Convention Bureau Gives Details on Expansion Plan

The Anaheim/Orange County Visitor & Convention Bureau on Wednesday detailed its $240 million expansion plan for the Anaheim Convention campus, which includes the Hilton Anaheim, Anaheim Marriott and Sheraton Park Hotel.

Local Tech Covers Spread in Vegas

Games, Drones & Automobiles

The diversity of Orange County’s technology sector was on full display in Las Vegas for the International CES convention last week, as chipmakers, smart-products manufacturers, component suppliers, and the biggest auto brand based here launched products and teased others in development.

HB Startup Olloclip to Pursue $7.5M From Investors

Aims to Increase Brand Awareness, Sales Efforts

Huntington Beach startup olloclip has hired Irvine-based Moss Adams LLP to help the company attract institutional investors.

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Broadcom Notes Design Wins at CES

Broadcom Corp. announced two design wins this week at International CES in Las Vegas and also showcased several chipsets geared for the automotive, cable and home networking markets.

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Insteon Partners With Nest

Irvine-based home-automation technology provider Insteon has gained Nest certification and launched a program for developers to build software applications for its products, the company announced Tuesday in Las Vegas at the world’s largest technology convention.

Telogis Leads OC’s Rookie Lineup at CES

TECHNOLOGY: Hitches ride with GM for debut at tech’s big show

More than 100 Orange County companies will be in Las Vegas this week for the world’s largest technology convention.

2015 Will Bring Tech Trends Benefiting Local Firms

Predictions Include a 3-D Printing Revolution

'Tis the season for predictions.

Technology: Palmer Luckey

Virtual Reality Gets Real

Catching up with Palmer Luckey is a lot more difficult these days.

Ariz. Tech Broker Has High Hopes for Entry Into OC

PlanetOne Estimates Sales Could Double With Move

A fast-growing Arizona provider of telecom and IT brokerage services is betting its recent expansion into Irvine could double business in the next 18 months.

Will Vizio’s Garden Grow Smart Sprinkler Startup?

Irvine-Based Brand Kicks In Seed Money, Office Space, Taiwan Connection

A startup launched by two of Skype’s earliest employees with the backing of Vizio Inc. hopes to make its mark in the “Internet of Things” market with the debut of a smart lawn sprinkler at next month’s International Consumer Electronics Show in Las Vegas.

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Brand Affinity in BK, Seeks Bidder

Brand Affinity Technologies Inc. has hired Irvine-based GlassRatner Advisory & Capital Group LLC to find potential bidders to acquire the cash-depleted advertising and social media company, according to a filing in bankruptcy court.

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WD’s Former Hitachi Unit in Buy

A San Jose-based unit of Western Digital Corp. has acquired a maker of solid-state storage systems used in scaling cloud and enterprise data centers.

Smart Home for the Holidays

Irvine-Based ‘Internet of Things’ Pioneer Adds Wal-Mart to Distribution

Insteon isn’t a household name, even though its technology powers millions of home-automation devices around the world.

Fisker Automotive Works on New Grand Plans

Costa Mesa Car Maker In Tests for Karma Relaunch

The deep pockets funding Costa Mesa-based Fisker Automotive and Technologies Group LLC’s revival have led the automaker to test several technologies and features as it prepares to relaunch its luxury hybrid Karma.

2014 Year in Review: Technology

The Business Journal’s choice of Sailesh Chittipeddi, chief executive of Newport Beach-based chipmaker Conexant Systems Inc., hit the target.

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British Columbia Travel Promo Uses Oculus Rift

Count British Columbia’s tourism agency as the latest enterprise to utilize the breakthrough virtual reality headset Oculus Rift developed by Irvine-based startup Oculus VR Inc.

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Broadcom Up on iPhone Sales, Shareholder Initiatives

Broadcom Corp. shares continued to modestly climb Wednesday, a day after the Irvine-based chipmaker laid out its corporate strategy to analysts for the upcoming year.

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WD: ‘Significant Progress’ With China Regulators

Irvine-based storage products maker Western Digital Corp. is a step closer to gaining regulatory approval from China’s Ministry of Commerce to integrate its Hitachi Global Storage Technologies Inc. subsidiary there.

Tech Firm Acquires Cloud-Gaming Spinoff Assets

Aims to Fill Sector Niche Void After Recent Shifts

Fast-growing Irvine company Numecent has acquired employees, customers and intellectual property from Approxy, a joint venture it spun out in 2012 with private investors to deliver “cloud paging” for next-generation cloud-gaming services.

Fisker Seeks Revival for Luxury Hybrid Brand in Costa Mesa

AUTOS: China-based owner hires 100 engineers with eye on relaunch

The new Costa Mesa headquarters of Fisker Automotive and Technologies Group LLC is buzzing with optimism under a new management team that has a track record of successful turnarounds to go with financial backing from one of China’s wealthiest entrepreneurs.

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Cole Joins WD Board

Longtime Accenture Plc executive Martin Cole has joined the board of Irvine-based storage products maker Western Digital Corp.

Volvo's Pitch Runs on Oculus Rift

Virtual Reality Headset Key to New Model’s Intro

Put Volvo Car Corp. down as an early adopter of the Oculus Rift, a virtual reality headset that was born in Irvine and now operates there under Facebook Inc.’s umbrella.

Next Technology Incubator to Open in OC in February

SD-Based Firm to Bring Model to Research Park

Orange County has attracted another technology incubator.

Rise From the Ashes

Entrepreneurs ‘Slowly Getting Back’ On Feet After Fire

Trantronics Inc.’s 18,000-square-foot manufacturing plant on Langley Avenue in Irvine is back up and humming, with two production lines cranking out products and prototypes for medical, aerospace and other commercial markets.

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Ingram Buys Company in Paris

Santa Ana-based Ingram Micro Inc. on Friday announced plans to acquire Anovo, a company in Paris that specializes in repairing and recycling devices such as smartphones and set-top boxes.

Microsemi Boss Sees Rally in Defense Sector

TECHNOLOGY: Chipmaker projects ‘new cycle’ on outlays

Aliso Viejo-based chipmaker Microsemi Corp. enters a new fiscal year with a record backlog of contracts fueled by a resurgence in defense and security spending.

Honda Center Nets NCAA Hoops Opp

The Honda Center in Anaheim will host the West Regional of the NCAA basketball tournament in 2016, the Division I Men’s Basketball Committee announced.

Oculus Software Gives Designers Hand on Samsung’s Gear

More Headset Apps To Come in Next Few Months

The virtual reality ecosystem got another boost with the recent launch of two software development kits for Samsung’s new Gear VR headset, which allows users to experience VR through an app played on Samsung’s Note 4 smartphone.

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Blizzard Blockbuster

Blizzard Entertainment Inc.’s latest World of Warcraft expansion has sold more than 3.3 million copies in its first 24 hours on the market.

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Honda Center to Host 2016 NCAA Regional

The Honda Center in Anaheim will host the West Regional of the NCAA basketball tournament in 2016, the Division I Men’s Basketball Committee announced.

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Garden Grove IT Company Acquired

Garden Grove-based Bar Code Specialties Inc. will be acquired by Quest Solution Inc., a Nevada IT integrator.

BlizzCon’s Math: 3 New Games, 14 Languages

MEDIA: Crowd of 25,000 hears about 1st new franchise in 17 years

Blizzard Entertainment Inc.’s latest game in development marks another milestone for the Irvine-based company as it continues to offer new types of games in an ambitious schedule of product releases.

Software Deal Points to Resumption of Fisker Production

TECHNOLOGY: Pact with Quantum could bring stake in IP

Quantum Fuel Systems Technologies Worldwide Inc.’s new deal to supply key vehicle operations software for the relaunch of the Fisker Karma and potentially other models rekindles a relationship that had soured before the luxury automaker crashed two years ago.

Greenwave Systems Does Design Work For Verizon

Adds to List of Customers That Includes DirecTV

Irvine-based smart technology provider Greenwave Systems has developed a router for Verizon Communications Inc.

Telogis Software Aims to Help Cops Do Better Job

Latest Deal With Ford Eyes Driving Performance

Aliso Viejo-based Telogis Inc. is partnering with Ford Motor Co. to develop software that aims to improve law enforcement driving practices and public safety.

Working Wardrobes’ Transition Plan

James Toth was living with his parents and working odd jobs for cash that offered little security and no future.

Mixed Backdrop as Chipmakers Cut Local Jobs by 2.5%

Biggest Here Combine for 4,735 Positions

The largest chipmakers in Orange County cut jobs in the past year as a major restructuring, Chapter 11 bankruptcy, and two sales stunted growth.

Tsaos Set for Electronics Hall of Fame

Orange County entrepreneurs Victor and Janie Tsao will be inducted into the Consumer Electronics Hall of Fame at a special event in Manhattan this week.

Irvine Firm Gets More Japan Nuclear Work

Irvine-based Kurion Inc. was awarded a $10 million grant from Japan’s Ministry of Economy, Trade and Industry to further test its technology to remove tritium at the Fukushima Daiichi Nuclear Power Plant.

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Microsemi in Line on September Quarter

Aliso Viejo-based chipmaker Microsemi Corp. today reported revenue in the September quarter slightly above Wall Street expectations and adjusted profits in line with estimates.

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Tsaos Earn HOF Nod

Orange County entrepreneurs Victor and Janie Tsao will be inducted into the Consumer Electronics Hall of Fame at a special event in Manhattan next week.

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Kurion Gets $10M Grant From Japan

Irvine-based Kurion Inc. has been awarded a $10 million grant from Japan's Ministry of Economy, Trade and Industry to further test its technology to remove tritium at the Fukushima Daiichi Nuclear Power Plant.

IT Provider’s Fast Growth Lands It on Fortune List

Lumen21 Had 803% Growth Rate in 5 Years

A fast-growing IT provider in Orange is gaining recognition targeting smaller companies in the healthcare, financial service and retail industries.

GM Venture Arm Takes Telogis Stake in Latest Infusion

TECHNOLOGY: Software firm also inking deals to grow

Aliso Viejo-based Telogis Inc. has received an equity investment from GM Ventures, the venture capital arm of General Motors Inc.