Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
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.
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.
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.
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.
New Franchise Basis for Esports League
Blizzard Entertainment Inc. took 18 years to develop a new franchise—the first-person, futuristic shooter “Overwatch.”
Qwerty Awaited By Die-Hard Blackberry Fans
The wait is over for those clamoring for the return of the Qwerty keyboard.
Shares of Clean Energy Fuels Corp. surged in afterhours trading after the Newport Beach-based company reported sales and adjusted earnings in the fourth quarter that easily beat Wall Street expectations.
Irvine-based Alteryx Inc.’s planned initial public offering could snap a nearly two-year drought in Orange County.
Beacon Resources Founders At It Again
A Costa Mesa-based startup launched by two executives with a track record of success in Orange County is off to a fast start.
Shares of Clean Energy Fuels Corp. surged today after the Newport Beach-based company said it would sell its renewable gas business for $155 million to BP Plc.
Irvine-based analytics software maker Alteryx Inc. aims to raise $75 million in an initial public offering, according to a filing late Friday with the Securities and Exchange Commission.
A looming deadline for Vizio Inc.’s $2 billion sale to LeEco has cast further doubt the China-based conglomerate can close the deal amid ongoing financial woes.
TECHNOLOGY: Acquires photodetector technology
A unit of Broadcom Ltd. has acquired the photodetector business of Irvine-based chipmaker Cosemi Technologies Inc.
Disputes Findings Of Competitors Comparison
A Delaware district court rejected arguments by Irvine-based software security maker CrowdStrike Inc. to block the release of a report by NSS Labs that shows results of a test of competitor products.
Team’s HQ Bolsters Creative-Office Trend at Hive in Costa Mesa
The Los Angeles Chargers’ new 100,000-square-foot headquarters in Costa Mesa could add some panache to an area just north of the San Diego (I-405) Freeway that’s attracted some sizeable tenants in recent years.
TECHNOLOGY: Segment is small but fast-growing
The strategy behind recent product launches at Kingston Technology Co.’s growing gaming unit is a simple one: visibility in the booming e-sports scene.
$2.2M Settlement Could Cast Shadow on Sale
Vizio Inc.’s $2.2 million agreement to settle charges that it violated unfair trade practices and consumer protection laws by tracking the viewing habits of smart TV owners without their knowledge or consent could alter William Wang’s business plan after the company’s proposed sale.
How Tournament at Riviera Serves Community in Anaheim, Goal of Reaching 1 Million Kids Nationwide
A bunch of fifth graders in a packed classroom at the Tiger Woods Learning Center in Anaheim are analyzing hair and fingerprint samples from a mock crime scene.
CEO Says Trump Ban Out Of Step With Its Values
The human resources and legal teams at Irvine-based video game publisher Blizzard Entertainment Inc. are providing travel guidance, legal assistance and counseling to employees affected by President Donald Trump’s executive order barring refugees and other would-be immigrants in seven countries from entering the U.S. for 90 days.
SPORTS: Buys Breakers from Canadian entrepreneur
Laguna Beach resident Eric Davidson has taken up a family tradition with his purchase of Orange County’s professional tennis team from Canadian technology and media entrepreneur Lorne Abony.
Irvine-based storage products maker Western Digital Corp. has placed a bid for a minority stake in Toshiba Corp.’s flash memory business, according to media reports.
Laguna Beach resident Eric Davidson has purchased Orange County’s professional tennis team from Canadian technology and media entrepreneur Lorne Abony.
TECHNOLOGY: GE, Corning, Microsemi, Paladin Group team up
Irvine-based Menlo Micro Inc. has already hit a few milestones that often take fellow startups years to accomplish.
Molloy Helped Call Center Operator Quadruple in Size
James Molloy has been at the center of the most transformative era in Irvine-based Alorica Inc.’s brief history, overseeing two financial transactions in little more than a year that quadrupled the size of the call center operator.
CEO Confident Despite JV Partner’s Troubles
Top Western Digital Corp. executives have been in discussions with counterparts at Toshiba Corp. for weeks amid rising speculation that the Irvine-based storage products maker could bid on the conglomerate’s flash memory business.
Newport Beach-based MSC Software Corp. will be sold for $834 million to Swedish IT service provider Hexagon AB, the companies said today.
Irvine-based video game products maker Razer Inc. has acquired the majority of assets of a San Francisco company that developed a mobile phone that offers unlimited cloud-storage capacity.
Could Bid on Chunk Of Flagging Firm’s Flash Biz
Speculation is building that Irvine-based Western Digital Corp. is in line to bid on a significant portion of Toshiba Corp.’s flash memory business as the Tokyo conglomerate faces staggering write-downs from its failing U.S. nuclear power business.
TECHNOLOGY: Lexmark puts software operation on block
Reynolds Bish is back at the helm of the software company he positioned for a $1 billion sale to Lexington, Kentucky-based Lexmark International Inc. less than two years ago.
MEDIA: Shell company takes new tack with acquisition
A Laguna Beach-based shell company has acquired a virtual reality developer that will give backers and opponents of President Donald Trump’s proposed wall along the U.S.-Mexico border a chance to purchase portions of a digital version of the edifice—and use the space to express their opinions.
Aliso Viejo-based chipmaker Microsemi Corp. reported revenue in the December quarter in line with Wall Street expectations, and an adjusted profit that beat estimates.
MSC Talks Possible $800M Sale to Luxembourg Firm
It appears another sizeable Orange County tech company is in play for a takeover.
Irvine-Based Conference Commissioner Guides ‘Mid-Major’ in Era of Power 5
The Big West Conference, like its counterparts across the nation, has been in a state of constant evolution since a sweeping round of college athletics realignment was touched off nearly a decade ago.
ECONOMY: First entries reflect growing commercial presence here
China’s continued expansion on the world stage and a strong year for hiring among Orange County’s largest foreign-owned companies combined to bring a jump in overall employment in the category here.
TECHNOLOGY: TCL puts brand in hands of unit based in Spectrum
The plan to resurrect the faltering Blackberry smartphone brand in the U.S. and Canada is being crafted in the Irvine Spectrum.
They See Value as Others Put Resources Elsewhere
With another CES in the books—that’s No. 6 for those following this column—let’s take a closer look at how some OC companies tried to cut through the clutter in Las Vegas at the world’s largest consumer electronics show:
Company Reps Pegged Year-End Sale Wrap
Vizio Inc.’s pending $2 billion sale to Chinese conglomerate LeEco failed to close by year-end, indicating a potential wrinkle in a deal that still needs final approval from Chinese regulators.
Hyundai Motor America Inc. in Fountain Valley plans to unveil a new feature tomorrow that allows vehicle owners to control various functions through Google Assistant voice commands.
Morris Programmed Telogis for Deal That Fetched Close to $900M From Verizon
Look to Aliso Viejo to find a key component of a new digital strategy crafted by the nation’s largest telecom as it integrates several recent buys into a new business unit.
Rising Star Mastantuono to CFO, Board Seat
The $6 billon sale of Ingram Micro Inc. last month to Chinese conglomerate Tianjin Tianhai Investment Company Ltd. ushered in some management and board changes at the world’s largest technology products distributor.
Rick Vitelle, chief financial officer, corporate secretary and executive vice president at CalAmp Corp., is retiring from the Irvine-based company.
TECHNOLOGY: Coloring app diversifies revenue streams
The recent acquisition of thousands of digital jigsaw puzzles signals a new turn for MobilityWare as it diversifies revenue streams beyond traditional card games.
The past year was marked by a wave of consolidation in the local technology sector as several big-name companies were taken over.