Orange County Business Journal

Netlist Partners With Samsung in $23M Memory Deal

Co-Developed Product To Be Unveiled This Year

Netlist Inc.’s new joint venture with the world’s largest electronics company paves a path to produce a new hybrid storage-class memory product geared for cloud computing, big data, and server and storage customers that could ultimately reshape the Irvine-based company’s story on Wall Street.

Manufacturer’s Recent Buy to Boost Sales by 50%

TECHNOLOGY: LoJack adds to satellite-heavy CalAmp’s line

CalAmp Corp.’s latest acquisition strengthens the company’s long-running diversification strategy crafted by Chief Executive Michael Burdiek.

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M-Flex Sold for $610M

One of China’s largest sheet metal suppliers is set to acquire Irvine-based printed circuit board maker Multi-Fineline Electronix Inc. for $610 million.

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Tustin Case Maker Sold for $100M

Tustin-based smartphone battery case maker Mophie Inc. has been acquired for at least $100 million by rival Zagg Inc. in Utah.

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Kurion Sold for $350M

Irvine-based Kurion Inc., which played a key role in stabilizing the contaminated Fukushima Daiichi Nuclear Power Plant in Japan nearly four years ago, has been sold for $350 million to Paris-based nuclear cleanup specialist Veolia.

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Broadcom Acquisition Closes

Broadcom Corp.’s $37 billion sale to Avago Technologies Inc. in Singapore closed today, ending the Irvine chipmaker’s 20-year history as a locally based company.

Software Maker Takes in $10 Million

Irvine-based security software maker SecureAuth Corp. raised another $10 million and expanded operations to the Beltway.

Mentor, Mom Rises at Ingram Micro

‘Focus on Great Talent Will Accelerate the Role of Women’

Gina Mastantuono has overcome more than a few challenges that pervade the male-dominated technology and finance industries in rising to a leadership position at the world’s largest distribution company.

Kia’s Road to Driverless Car Runs Through Irvine

TECHNOLOGY: Strategy hinges on voice of North American HQ

A 12-man team at the Irvine headquarters of Kia Motors America Inc. is a key part of a global engineering and development effort to bring an autonomous vehicle to the market by 2030.

OC Companies Show Off New Wares at NAMM Show

Take Advantage of 96K To Expand Penetration

The fusion of music and technology was heard loud and clear at the recently concluded National Association of Music Merchants trade show.

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WDC In-line in Q2 Amid PC Decline, Plant Closure

Irvine-based storage products maker Western Digital Corp. after the close of trading reported December quarter revenue in line with Wall Street expectations and adjusted profits that narrowly beat estimates.

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Software Maker Gets $10M

Irvine-based security software maker SecureAuth Corp. has raised another $10 million and expanded operations to the Beltway.

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Breakers Tennis Back in Play in NB

The Orange County Breakers tennis club has a new home at the Newport Beach Tennis Club.

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Midday Stock Roundup

The S&P 500 was up 1.47% in midday trading to 1,904.72.

Kingston Notches Firsts With Microsoft Deal

TECHNOLOGY: To make Xbox One headsets, bigger gaming name

Kingston Technology Inc.’s new licensing deal with Microsoft Corp. highlights how far the Fountain Valley company has come since introducing its first gaming accessory less than two years ago.

Soft PC Sales Put Damper on Western Digital’s 2015

Storm of Issues Precipitates 45.8% Share-Price Drop

Another sobering report on PC shipment sales underscores the lumps Irvine-based disk drive maker Western Digital Corp. took on Wall Street last year.

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Software Maker Plans to Hire 200

Smart Utility Systems today announced plans to add 200 workers this year at its new headquarters in Irvine and an international expansion plan with new offices in Asia.

Insteon Gets ‘Smarter’ With Home Audio Partnership

Teams With Sonos Speaker Maker In Latest IoT Deal

Irvine-based home automation and control technology provider Insteon continues to beef up its integration with big-name product makers in a new partnership with Sonos Inc.

OC Entries Grab Share of CES Spotlight

TECHNOLOGY: More than 100 companies join frenzy in Vegas

Orange County companies did their part to cut through the clutter at the world’s largest technology trade show, competing with more than 3,600 product makers from around the world in an effort to grab headlines, distributors and new customers.

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Ricoh Buys CM Printer Maker

Tokyo-based Ricoh Co. has acquired an industrial printer maker in Costa Mesa.

2016 Holds Promise for Abundance of New Technology

Fresh Trends Include 5G, VR, ‘Containers,’ Big Data

'Tis the season for looking ahead to emerging innovations, and perhaps no other industry outside fashion presents more fodder than the fast-moving technology sector.

Tech Firm Raises $45M for Expansion

Irvine-based smart technology provider Greenwave Systems Inc. raised $45 million in a Series C round led by the investment arm of the Singapore Economic Development Board and Singapore Technologies Telemedia.

NextVR Touts New Moves in Vegas

Laguna Beach startup NextVR Inc. broadcast last week’s Chicago Bulls-Boston Celtics game in virtual reality at a private event at the Cosmopolitan of Las Vegas.

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NextVR NBA Broadcast Tonight

Laguna Beach startup NextVR Inc. will broadcast the Chicago Bulls-Boston Celtics game tonight in virtual reality at a private event at the Cosmopolitan of Las Vegas.

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Kia Plans Self-Driving Car

Kia Motors Corp. aims to bring an autonomous vehicle to market by 2030 built on its newly launched Drive Wise technology that includes advanced driver assistance systems and intelligent safety features.

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Greenwave Raises $45M

Irvine-based smart technology provider Greenwave Systems Inc. raised $45 million in a Series C round led by the investment arm of the Singapore Economic Development Board and Singapore Technologies Telemedia.

Fantasy Sports Startup in Lineup for Sacramento Lobby

FantasyAces Teams With Rivals to Press Lawmakers

Aliso Viejo startup FantasyAces LLC is working with the sector’s biggest players to press state legislators to enact regulations in California on the booming daily fantasy sports segment.

Technology: Scott McGregor

Chipmaker’s $37B Price Represents Premium After Decade at Helm

It’s a bit of an understatement to say Broadcom Corp. Chief Executive Scott McGregor is leaving on a high note.

OC to Show Range of Emerging Tech at CES

TECHNOLOGY: Startups leverage convention to gain notice in industry

A startup backed by Tech Coast Angels, a clandestine chipmaker, and a spinoff from one of Orange County’s largest publicly traded companies will be among the locals to debut this week at CES, the world’s biggest technology trade show.

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Midday Stock Roundup

The S&P 500 was down 0.59% in midday trading to 2,048.87.

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REIT Buys Again in Colorado

Steadfast Apartment REIT, an affiliate of Irvine-based Steadfast Cos., has acquired a 222-unit apartment complex in Colorado for $44.2 million.

2016 Preview: TECHNOLOGY

Several uncertainties cloud the outlook for Orange County’s tech scene in the new year.

TTM Streamlines, Shifts Leadership in Year-End Move

Lays Off 80 More, Now Has 3 Main Business Lines

The nation’s largest printed circuit board maker will enter 2016 with a spate of new executives leading newly defined market segments.

Microsemi Prepares for Expected Lift From PMC

TECHNOLOGY: Execs say breathes life into storage efforts

Microsemi Corp. has wasted little time in initiating its game plan after buying chipmaker PMC-Sierra Inc. for $2.5 billion.

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County Unemployment Rate Down

Orange County’s unemployment rate dropped slightly in November, when several job sectors added positions in the runup to the holiday shopping season.

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PacMerc Names New Board Member

Industry veteran David Munio has been named to the board of Costa Mesa-based Pacific Mercantile Bancorp and Pacific Mercantile Bank.

2015 YEAR IN REVIEW: Technology

Blizzard Entertainment Inc. Chief Executive Morhaime led the Irvine-based video game maker into new segments and partnerships this year, proving our pick of him as one to watch over the course of this year hit the mark.

FantasyAces Metrics Balloon as it Gains Traction

Grows, Untouched By Legal Troubles Rivals Face

The holding company of Aliso Viejo-based startup FantasyAces LLC posted big growth figures in several key metrics, according to some of its first regulatory filings as a public company.

Workout Equipment Maker Moves to New HQ

MANUFACTURING: Startup goes from Irvine to Lake Forest

Fitness equipment maker XFit Brands Inc. has relocated from Irvine to a 26,000-square-foot headquarters in Lake Forest.

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TTM Announces More Job Cuts

TTM Technologies Inc. today announced it will lay off 80 workers worldwide in a restructuring move, its second significant job-cutting initiative in less than three months.

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Kurion Acquires U.K. Robotics Maker

Irvine-based Kurion Inc. has acquired a U.K. company that specializes in robotics and remote systems for handling hazardous materials.

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LA Fitness Gets Rival’s Gyms in Ariz.

The Irvine parent of LA Fitness has added 11 gyms in Arizona in an ongoing nationwide expansion plan, according to media reports.

Aim for the Top

Lee Helps ITT Balance Risks and Innovation for Growth

Suzy Lee’s influence at ITT Cannon LLC runs much deeper than running an in-house legal department in three countries.

Broadcom Chip Might Be Absent From Latest iPhone

Wi-Fi Chip Possibly In Other Supplier’s Piece

It appears Broadcom Corp. might have lost some coveted positions in the latest iPhone model.

Sources Say Job Cuts for Broadcom by Year’s End

TECHNOLOGY: Chipmaker to trim in advance of sale to Avago

Irvine-based chipmaker Broadcom Corp. is expected to make significant job cuts as its $37 billion sale to Avago Technologies Ltd. nears completion, the Business Journal has learned.

Hyundai’s Got an App for That

TECHNOLOGY: Uses 3-D scan to bring augmented reality to buyers

All 14 current configurations of the Hyundai Sonata that rolled off the assembly line in a manufacturing plant in Montgomery, Ala., were given a little more attention.

Blizzard’s Blitz: Classic Games, Movie, Xbox

Blizzard Entertainment Inc.’s evolving strategy is mixing a dose of the past with a dash of the future in the pending launch of a classic games division, more free content, new distribution channels, and a big push into Hollywood.

Nonprofit OCTANe Seeks to Expand Prospects for Startups

STARTUPS: Seeks more VC partners; might add own fund

OCTANe’s new strategy to attract investment dollars and emerging companies to the region is showing early returns for Orange County’s vibrant startup and entrepreneurial scene.

Startup Capitalizes on Other Offerings’ Weaknesses

Cirruspath Targets $10M In Sales With Tidying App

An Irvine startup is getting strong demand from companies it says are frustrated with the functionality of salesforce.com and other customer relationship-management products.

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Microsemi Ups Bid for Chipmaker

Aliso Viejo-based chipmaker Microsemi Corp. increased its bid for PMC-Sierra Inc. this morning to roughly $2.39 billion.

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