Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
MANUFACTURING: Firm gets first LA Unified bus order
ADOMANI Inc., the first equity crowdfunded company to list on the Nasdaq, has moved its headquarters from Newport Beach to Corona in Riverside County and landed its first contract to build an electric school bus.
M&A, Growing Business Lines Highlight Sector
Two big takeovers and a headquarters move to Orange County shook up the local landscape for the largest aerospace and defense contractors with operations here.
Millions in Upgrades; New Seating Options
Multimillion-dollar upgrades at Honda Center during the off-season were in clear view for Anaheim Ducks fans as they walked through the turnstiles of the south entrance before last Thursday’s home opener against the Arizona Coyotes.
Microsoft Partner Absorbed by IT Provider
Irvine fast grower Xelleration LLC will gain access to new markets and regions with its recent sale to Albuquerque-based IT services provider Speridian Technologies.
TECHNOLOGY: Some insiders sell; sales stay hot in hot ‘BI’ space
Life in the public eye got intriguing for one of Orange County’s best tech stories in years, Alteryx Inc., the Irvine software maker that made a splashy Wall Street debut in March.
Shares Up 39% as It Strikes Deals, Gets Props
Wall Street in about the past month is liking the story of artificial intelligence and media firm Veritone Inc.
At Least One Exec Says It Doesn’t Go Far Enough
A recently introduced U.S. Senate bill that’s garnered bipartisan support is one of the first to address the Internet of Things, a booming segment entangled throughout industrial networks, consumer electronics and government infrastructure, among other applications.
TECHNOLOGY: Bidders include OC storage king Kingston
Kingston Technology Inc. has quietly joined forces with a consortium of global giants aiming to buy Toshiba Corp.’s flash memory business for $18 billion
Tech Manufacturing Founder Found His Spot After Flight from Vietnam
A two-year push in software development at Virtium Technology in Rancho Santa Margarita has led to a product offering designed to ease storage and transfer of huge data files in industrial networks.
TECHNOLOGY: Name, HQ stay; Vinny keeps winning
Software security maker SecureAuth Corp., one of the closely watched companies in Orange County’s developing cybersecurity hub, has agreed to a $200 million sale to El Segundo-based private equity firm K1 Investment Management.
Sonendo Inc. in Laguna Hills raised $50 million in a growth investment round by New York private equity firm General Atlantic.
AEROSPACE: EnCore Group ‘has that same flavor’
The seat-manufacturing unit of Huntington Beach-based EnCore Group has lined up three launch customers as it awaits clearance for one of the toughest certification approvals in aviation.
Arena, Other Facilities To Hum With Printers
Irvine-based Toshiba America Business Solutions Inc. has been named the official document solutions provider for the Anaheim Ducks.
Sports agent and attorney Jeff Moorad has been named chairman of Morgan, Lewis & Bockius LLP’s new global sports business.
Santa Ana-based aerospace manufacturer Ducommun Inc. closed its $60 million cash buy of LS Holdings Company LLC, the company said today.
TECHNOLOGY: Patent enforcement ‘not what it used to be’
Acacia Research Corp.’s prolonged downward spiral on Wall Street has been propelled by recent changes in intellectual property rights and litigation.
Says He’s Considering Picking Up Headset Maker
Is Palmer Luckey seriously contemplating a bid for virtual reality headset maker HTC Vive?
The local units of Cedar Rapids, Iowa-based Rockwell Collins Inc. could be in line for another shakeup in the wake of its planned $30 billion sale to United Technologies Corp.
Seat Producer Gets Indian Work as Rockwell Waits
It doesn’t appear that the local operations of Rockwell Collins Inc. will benefit from the recent push from domestic and international airliners to install plush and pricey premium seating.
Some Businesses Here Suffer Losses; Many Open Hearts and Wallets
While several Orange County companies assess the damage of operations, equipment and property from Hurricane Harvey, others are pulling resources to provide relief for as many as 30,000 displaced residents in southeastern Texas and the Louisiana Gulf Coast.
TECHNOLOGY: Threat solver in early talks with Cylance
A burgeoning concentration of cybersecurity companies and plenty of potential corporate customers has led a Swiss security software maker to establish its North American headquarters in Newport Beach.
Six List Newcomers in Hot Spaces: AI, Gaming
A mix of new and established companies helped Orange County post solid job growth in the software sector for the second consecutive year.
Arts, Charity, Mentoring The Focus, Not Retirement
The Business Journal recently caught up with Victor Tsao, who splits his time between Asia and Orange County.
Obsidian, Veracity, Others Step Into Breach for Firms
Early this year, Glenn Chisholm was contemplating leaving the chief technology officer role at security software maker Cylance Inc. in Irvine.
New Clinic Walks Victims Through Cleanup Process
Bryan Cunningham’s vision, crafted over the past year to create one of the country’s top cybersecurity policy and prevention centers, is taking shape at the University of California-Irvine.
Public Safety and Security Soon $500B Market
Two Orange County technology companies are trying to cut down emergency response times when seconds can mean the difference between life and death.
Ducommun to Make Body Of Converted Freighter
Ducommun Inc., which recently relocated its headquarters from Los Angeles to Santa Ana, has begun manufacturing aluminum aircraft structures for the Next-Generation 737-800 Boeing Converted Freighter program.
TECHNOLOGY: Mobilitie grows on 5G buildout
Employment in Orange County’s telecommunications sector was buoyed by strong gains from the local operation of T-Mobile USA Inc. for the second consecutive year.
Irvine-based software maker Vision Solutions Inc. has changed hands again as part of a $1.2 billion sale between two private equity firms.
Newport Beach private equity firm JW Hill Capital has acquired an aerospace parts manufacturer in Burbank.
Chipmaker’s Sales Rose In Three of Four Segments
Aliso Viejo-based chipmaker Microsemi Corp. turned in a strong June quarter, growing sales in three of its four key markets.
SPORTS: Team rewards owner, fans, sponsors with televised title
Orange County’s professional tennis team is looking to build momentum off the court after winning the Mylan World TeamTennis championship under first-year owner Eric Davidson.
Study Shows Strong Personal Tech, Training
C’s three largest cities scored high marks in a new study rating the best gaming markets in the country.
TECHNOLOGY: ‘Very deep pockets ... a very good thing’
Irvine IT services provider Trace3 could change its long-held growth strategy under the financial muscle of new private equity owner H.I.G. Capital.
Toba’s Smith ‘Invests for Impact,’ Others Give Directly to Education, Children
Vinny Smith knows how to make a mark in business.
AEROSPACE: Ducommun HQ to Santa Ana office
Orange County’s public company ranks will gain another member with the recent headquarters move of Ducommun Inc., Los Angeles’ oldest company.
TCL Dials Up Sprint For 1st Distribution of Relaunch
The BlackBerry smartphone, relaunched by Irvine-based TCL Communication Technology Holdings Ltd.’s North American operation, has lined up its first distribution deal with a major U.S. carrier.
TECHNOLOGY: 10,000 watch live Jenga Match on Twitch TV
It’s early afternoon at HyperX’s Fountain Valley headquarters.
Lawsuit Against LeEco Lays Out Accusations
Vizio Inc. will have to reboot its efforts in China after its planned joint venture with LeEco never materialized.
TECHNOLOGY: Ex-Kofaxers’ software firm doubled sales in ’16
A fast-growing business software maker with a management team stacked with former Kofax executives has attracted its first venture capital investment.
TECHNOLOGY: Irvine software firm sold for 3rd time in 3 years
They say good things come in threes.
To Release Kits, Designs For AI Devices Like Siri
Irvine-based Conexant Systems LLC has connected with China’s largest internet search provider in another strategic deal involving voice recognition and command.
Vizio Inc. filed two separate lawsuits today against LeEco, contending the Chinese conglomerate made false financial statements and claims in the run up to its proposed $2 billion acquisition, which ultimately collapsed in April.
Friendly Courts Likely To Hear Fewer Patent Cases
A recent Supreme Court ruling regarding where patent lawsuits can be heard is another bruising hit for Newport Beach-based Acacia Research Corp. and could affect the local economy.
TECHNOLOGY: Looks to protect the home and all in it
Security software maker Cylance Inc. is entering the consumer market.
Content Creators Move in More Inclusive Direction
Blizzard Entertainment Inc. has taken plenty of flak over the years for developing characters that feed into certain stereotypes.
WD Seeks Injunctive Relief Over Sale to Asian Firms
Circle July 14 on the calendar.
Shares of ADOMANI Inc. surged last week closing at $15.69 on Thursday, the highest price in its short public history on the NASDAQ Capital Market.
Shares of ADOMANI Inc. surged in afterhours trading Wednesday and opened at $17.30 this morning, the highest price in its short public history on the NASDAQ Capital Market.