Orange County Business Journal

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TTM in $150M Debt Offering

Costa Mesa-based printed circuit board maker TTM Technologies Inc. on Monday announced plans to raise $150 million by selling convertible senior notes in a public offering.

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TTM in $150M Debt Offering

Costa Mesa-based printed circuit board maker TTM Technologies Inc. on Monday announced plans to raise $150 million by selling convertible senior notes in a public offering.

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Intel in Deal for Mindspeed’s Wireless Business

The assets of Mindspeed Technologies Inc.’s wireless infrastructure business will be sold to Intel Corp., the Newport Beach-based chipmaker announced Monday.

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CEO Buys Yorba Linda Defense Contractor

TECHNOLOGY: Aims to grow in military, commercial sectors

Michael Carter has big growth plans in the wake of his purchase of the Yorba Linda-based defense company he was hired to run nearly two years ago.

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CEO Leads Company to Help Her Native Philippines

Employees Volunteer in Typhoon Recovery Effort

The deadly, Class 5 typhoon that engulfed several coastal towns in the Philippines hit home for local technology executive Marla Rausch.

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Emulex to Cut 110 Workers, Close Mass. Operation

Costa Mesa-based Emulex Corp. will cut about 10% of its workforce and close a Massachusetts plant as part of another restructuring plan to improve finances and operational efficiency.

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Emulex to Cut 110 Workers, Close Mass. Operation

Costa Mesa-based Emulex Corp. will cut about 10% of its workforce and close a Massachusetts plant as part of another restructuring plan to improve finances and operational efficiency.

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New CEO for QLogic

Industry veteran Prasad Rampalli has been named chief executive of Aliso Viejo-based networking equipment maker QLogic Corp.

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New CEO for QLogic

Industry veteran Prasad Rampalli has been named chief executive of Aliso Viejo-based networking equipment maker QLogic Corp.

Boutique Execs Say Model May Be First of More to Come

Offer Clients Option to Big Software Makers

An Irvine startup launched by former UST Global Inc. executives is finding early success with big-name companies that need custom software development and Web design.

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Kofax Begins Trading on Nasdaq

Irvine-based business software maker Kofax Ltd. began trading on the Nasdaq exchange Thursday after pricing its shares as part of its listing in the U.S.

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Western Digital’s Outlook Rises on Helium Drive

TECHNOLOGY: Tests draw top customers; higher margins eyed

A unit of Irvine-based Western Digital Corp. has attracted an impressive list of customers to test a new storage drive that could reshape the industry and fuel a wave of innovation to ease the increasing demands of the data explosion.

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Smith Micro Gets OK to Continue on Nasdaq

Software Maker Was in Danger of Delisting

Aliso Viejo-based Smith Micro Software Inc. has regained compliance to continue trading on the Nasdaq Capital Market.

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Kofax Set for Debut on U.S. Exchange

TECHNOLOGY: Software maker will keep listing in London

Irvine-based business software maker Kofax PLC has priced shares for an initial public offering in one of the last requirements before its long-awaited debut on an American exchange.

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Identive Group to Shed Noncore Lines for Growth Focus

Part of New Chief Exec’s Changes After Review

Santa Ana-based Identive Group Inc. plans to sell off its noncore business assets as part of a plan to trim global operations and focus on high-growth products and markets.

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Blizzard Charts Future With Big Dose of Past

TECHNOLOGY: Plans free mobile games based on franchises

Blizzard Entertainment Inc. is trying to lure players back with a lineup of video games steeped in nostalgia as it ushers in a new era.

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Chipmakers End Streak With Slight Dip to 4,800 Jobs Here

Softer Demand, BK in Mix; 2 Newcomers Make List

Orange County’s largest chipmakers combined for a slight drop in jobs over the last 12 months as the local industry was hit by restructurings, a bankruptcy and generally soft demand. Includes the 2013 OC's LARGEST CHIPMAKERS list for download (pdf)

Benck Shot: New Emulex CEO Aims for Turnaround

TECHNOLOGY: Board changer on way; marker challenges ahead

Emulex Corp. Chief Executive Jeff Benck will get a shot at turning around the networking equipment maker after getting a nod from activist investors that eluded his predecessor.

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Toba Capital Ups Stake in Partner’s Storage Startup

Former Quest Executive Scouts Twin Cities

Vinny Smith’s Toba Capital has taken another stake in a Minnesota-based storage networking provider headed by venture partner and former Quest Software executive Walter Angerer.

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Peterson Named Microsemi Chairman

Microsemi Corp. Chief Executive Jim Peterson has been named chairman of the Aliso Viejo-based chipmaker.

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Leyden Named CFO of Western Digital

Tim Leyden has been named chief financial officer at Western Digital Corp. for the second time in six years, the Irvine-based drive maker announced Thursday.

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Leyden Named CFO of Western Digital

Tim Leyden has been named chief financial officer at Western Digital Corp. for the second time in six years, the Irvine-based drive maker announced Thursday.

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Emulex Reaches Deal with Activist Investors, Chairman McCluney Out

Emulex Corp.’s ongoing battle with activist investors came to a head Monday when the Costa Mesa-based networking equipment maker announced that Executive Chairman and former Chief Executive Jim McCluney will step down.

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Emulex Reaches Deal with Activist Investors, Chairman McCluney Out

Emulex Corp.’s ongoing battle with activist investors came to a head Monday when the Costa Mesa-based networking equipment maker announced that Executive Chairman and former Chief Executive Jim McCluney will step down.

50 Cent Puts Some Cents into Fountain Valley Startup

Invests Undisclosed Figure in Celebrity Application

Rapper Curtis “50 Cent” Jackson has invested in Fountain Valley startup MEDL Mobile Holdings Inc.’s latest application, which allows fans to follow their favorite musicians, athletes and actors through a live stream.

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‘Brand Behind Brands’ Expands to Meet Rising Demand for Smart Devices

TECHNOLOGY: GreenWave moving to bigger HQ, hiring 200+

A low-profile Irvine technology company headed by former Apple, Google and Cisco Systems executives is in the midst of an aggressive expansion plan in Orange County.

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Microsemi September Quarter Earnings Meets Street, Outlook Misses

Aliso Viejo-based chipmaker Microsemi Corp. on Thursday reported September quarter earnings in line with Wall Street expectations and provided a revenue and profit outlook in the current quarter below estimates.

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Clean Energy Reports Mixed Q3

Newport Beach-based Clean Energy Fuels Corp. on Thursday reported mixed third-quarter earnings.

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Universal Electronics Reports Mixed Q3, Outlook in Line

Santa Ana-based Universal Electronics Inc. on Thursday reported mixed earnings for the third quarter and provided an outlook for the current quarter in line with Wall Street expectations.

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Clean Energy Reports Mixed Q3

Newport Beach-based Clean Energy Fuels Corp. on Thursday reported mixed third-quarter earnings.

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Universal Electronics Reports Mixed Q3, Outlook in Line

Santa Ana-based Universal Electronics Inc. on Thursday reported mixed earnings for the third quarter and provided an outlook for the current quarter in line with Wall Street expectations.

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Microsemi September Quarter Earnings Meets Street, Outlook Misses

Aliso Viejo-based chipmaker Microsemi Corp. on Thursday reported September quarter earnings in line with Wall Street expectations and provided a revenue and profit outlook in the current quarter below estimates.

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Blizzard Loses more Warcraft Subscriptions

Irvine-based video game maker Blizzard Entertainment Inc. saw sales and operating income sink in the third quarter as it lost about 100,000 World of Warcraft subscribers.

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Blizzard Loses more Warcraft Subscriptions

Irvine-based video game maker Blizzard Entertainment Inc. saw sales and operating income sink in the third quarter as it lost about 100,000 World of Warcraft subscribers.

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Mindspeed Set for Sale, Reports Mixed Earnings

Shares of Mindspeed Technologies Inc. skyrocketed on Wednesday, a day after the Newport Beach-based chipmaker announced it will be acquired for $272 million by a Massachusetts competitor and will sell its wireless business to an unnamed strategic buyer.

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Mindspeed Set for Sale, Reports Mixed Earnings

Shares of Mindspeed Technologies Inc. skyrocketed in after-hours trading Tuesday after the Newport Beach-based chipmaker announced it will be acquired for $272 million by a Massachusetts competitor and will sell its wireless business to an unnamed strategic buyer.

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Tech Firms Take Divergent Ways Up

Bigs Grow on Buys; New Trends, Products Drive Gains by Smaller Companies

This year’s lists of fastest-growing public companies based in Orange County feature a diverse group in the local technology sector, with large and relatively small companies taking different paths to their places in the rankings. Includes the 2013 OC's FASTEST-GROWING PUBLIC COs list for download (pdf)

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Broadcom Earnings Renew Wall Street Concerns

Broadcom Corp.’s recent third-quarter earnings report and analyst conference call highlighted some lingering problems

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UCI Spinout’s Software Set for HTC Phones

TECHNOLOGY: Licensing deal for search engine software

SRCH2 Inc., a spinout of University of California, Irvine, has struck a licensing deal with HTC Corp. that’s expected to add millions in revenue and put the startup on the map.

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TTM Names CEO, Reports Q3 Earnings

Costa Mesa-based printed circuit board maker TTM Technologies Inc. on Wednesday announced a leadership change and third-quarter earnings that missed Wall Street expectations.

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TTM Names CEO, Reports Q3 Earnings

Costa Mesa-based printed circuit board maker TTM Technologies Inc. on Wednesday announced a leadership change and third-quarter earnings that missed Wall Street expectations.

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Ingram Micro Buys Logistics Firm in Palo Alto

Ingram Micro Inc. has acquired Shipwire Inc., cloud-based logistics services provider with customers in more than 50 countries.

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Newport Beach Drone Specialist Plans Move to SF

TECHNOLOGY: VC money prompts decision on new HQ

A promising Newport Beach startup that makes operating systems software for commercial drones is moving its headquarters to San Francisco.

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Acacia Lost Ground After Medical Sector Proved Tough

Q3 Revenue Fell 55% From a Year Earlier

What a difference a year makes.

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Western Digital Reports Better-Than-Expected Earnings

Irvine-based disk drive maker Western Digital Corp. on Thursday reported revenue and adjusted profits in the September quarter that beat Wall Street estimates.

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Ingram Reports Mixed Q3

Santa Ana-based Ingram Micro Inc. on Thursday reported mixed financial results for the third quarter.

Ingram Reports Mixed Q3

Santa Ana-based Ingram Micro Inc. on Thursday reported mixed financial results for the third quarter.

Western Digital Reports Better-Than-Expected Earnings

Irvine-based disk drive maker Western Digital Corp. on Thursday reported revenue and adjusted profits in the September quarter that beat Wall Street estimates.

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Broadcom Bouncing Back

Broadcom Corp. shares are making a modest comeback in afternoon trading Wednesday after taking a big hit after hours yesterday.

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Broadcom Shares Dip, Job Cuts Planned

Broadcom Corp. shares sank in extended trading Tuesday after the Irvine-based chipmaker provided revenue targets for the current quarter below Wall Street expectations and announced a restructuring plan that will cut as many as 1,150 jobs, about 10% of its global workforce.