Shares of Kofax Ltd. soared in afterhours trading today after the Irvine-based software maker announced it would be sold for $1 billion to Lexmark International Inc. in Lexington, Ky.
TECHNOLOGY: Picks up new technology to offer chip customers
Microsemi Corp.’s latest acquisition highlights how far the company has come in a diversification effort that has taken the Aliso Viejo-based chipmaker from an aerospace and defense specialist to innovator in several fields, with a new toehold on the industrial side of the budding Internet of Things market.
Lake Forest-based Panasonic Avionics Corp. is set to acquire a satellite communication services provider with headquarters in Australia, operations around the globe, and a specialty of working in extreme conditions.
ENERGY: Q4 profit follows focus on fleets, less building
Clean Energy Fuels Corp. may have finally found a clearer path to profitability as it reins in construction costs for a nationwide plan it forged four years ago to dot major highways with natural-gas fueling stations.
Cut Select Products With Big-Box Retailers
Irvine startup Peri Inc. and Huntington Beach-based olloclip were handpicked to distribute a limited number of products on Amazon.com Inc.’s newly launched marketplace, but the designation carries some interesting stipulations: namely, cutting ties for those products with Wal-Mart, Costco, Target and other big-box retailers.
TECHNOLOGY: Engineers, developers push use of analytics
Google Inc.’s new 140,000-square-foot office on Jamboree Road in Irvine has become a key hub for the search giant’s push to link analytics and app development to drum up monetization opportunities for its bevy of advertisers.
Establishes 13% Market Share in Equipment Sales
Aliso Viejo-based networking equipment maker QLogic Corp. has made big strides in carving out a niche in the burgeoning 10-gigabit Ethernet connection market, a competitive segment that’s drawn big industry players into the ring as storage needs and speedy data transfer become increasingly important to consumers and businesses.
Versa Capital Management LLC in Philadelphia has acquired the remnants of Foothill Ranch-based retail chain Wet Seal Inc., according to a report in the Wall Street Journal.
Finance and sales veteran Bill Carpou has been named chief executive of Irvine-based nonprofit Octane, which links startups and emerging companies with resources and investors.
Blizzard Entertainment Inc.’s annual fanfest BlizzCon will be held Nov. 6 and Nov. 7 at the Anaheim Convention Center.
At least two Orange County consumer electronics makers will get prime positioning on Amazon.com Inc.’s new marketplace launched today.
San Juan Capistrano startup GlobeChat has raised nearly $1 million in a seed round as it gets closer to bringing its video and text messaging service to the market.
A San Jose-based unit of Western Digital Corp. acquired a maker of storage software for public and private cloud data centers.
TECHNOLOGY: Cloud service provider seeks global expansion
The new chief executive of Irvine-based cloud service provider Numecent comes with top-level sales experience at Broadcom Corp.
Third Local Industry Deal in Last Year
The $660 million sale of networking gear maker Emulex Corp. in Costa Mesa to Singapore-based Avago Technologies Ltd. highlights an ongoing consolidation in the global chip industry.
A San Jose-based unit of Western Digital Corp. has acquired a maker of storage software for public and private cloud data centers.
Irvine-based software maker YouMail Inc. has raised $5.5 million in a Series B funding round, the company announced this morning.
Irvine-based business software maker Kofax Ltd. has acquired a company in the Netherlands that specializes in the growing customer-management software segment.
Costa Mesa-based networking equipment maker Emulex Corp. announced it would be acquired for $606 million by Avago Technologies Ltd.
Western Digital Mulls Info, Toshiba Denies Any Role
Two storage-product makers in Irvine are connected to one of the most advanced cyber-espionage programs to surface.
EDUCATION: New academy fosters character development
The newest initiative of the Pacific Club Impact Foundation in Newport Beach has helped 150 middle school students from various backgrounds cultivate their leadership skills under the mentorship of local business executives.
San Clemente-based DealerSocket Inc. has acquired a Rancho Santa Margarita company that specializes in software for car dealerships.
Shares of Ingram Micro Inc. dipped after markets closed Thursday, and continued to decline in midday trading Friday, as the Santa Ana company provided revenue and profit targets in the current quarter below Wall Street expectations.
Shares of Emulex Corp. soared this morning in the first trading session since the Costa Mesa-based networking equipment maker announced it would be acquired for $606 million by Avago Technologies Ltd.
Iteris Inc. Chief Executive Abbas Mohaddes has resigned from his management and board position to “pursue other opportunities,” the Santa Ana-based company said.
Newport Beach IT services provider Bitcentral Inc. has acquired a Connecticut software maker that specializes in broadcast automation systems for the media industry.
Costa Mesa-based Fisker Automotive and Technologies Group LLC is mulling three options for a possible company name change, according to a source privy to the discussions.
Desired Skills Include SEC Filings, Pre-IPO Know-How
Is Irvine-based Vizio Inc. mulling an initial public offering?
Irvine-based Toba Capital, headed by former Quest Software Inc. Chief Executive Vinny Smith, recently led a $15 million venture capital round for Sauce Labs Inc., a fast-growing provider of cloud-based Web and mobile application testing services.
Will Resell Rambus IP That Prevents Data Theft
Microsemi Corp.’s latest partnership with Sunnyvale-based Rambus Inc. provides a deeper look into how the company has maintained a strong position in the military and defense markets.
CFO Helped Electronics Maker Hit $3.5B in Sales in Tough Market
Kurt Binder knew the books on Vizio Inc. well before he joined the company as vice president and corporate controller in April 2010.
Irvine-based Newport Corp. after the close of intraday trading reported fourth quarter earnings that beat Wall Street expectations and provided a revenue and profit outlook for the current quarter.
Irvine-based business software maker Kofax Ltd. will delist its shares on the London Stock Exchange next month, the company announced today.
TECHNOLOGY: Plans to debut audio product in Q2
A startup led by a former engineering head at Broadcom Corp. and a private equity veteran and has attracted an eclectic mix of early investors as it vies for a spot in the crowded accessories market with a high-end smartphone case that also functions as a speaker and charger.
Ready to Exit London Exchange for Nasdaq
The directors of Irvine-based business software maker Kofax Ltd. are scheduled to vote this week on a proposal to delist its shares from the London Stock Exchange.
Irvine-based Newport Corp., which makes lasers and related equipment, is set to acquire a small Austrian company that specializes in ultra-fast laser systems used in scientific and biomedical research.
Irvine-based chipmaker Broadcom Corp. released some race and gender data on its workforce for the first time in response to ongoing requests from civil rights and labor activists.
Irvine-based video game maker Blizzard Entertainment Inc. reported a strong fourth quarter after the close of intraday trading Thursday, with revenue and operating profits rising.
Costa Mesa-based printed circuit board maker TTM Technologies Inc. after the close of intraday trading Wednesday reported fourth quarter revenue and adjusted profits that beat Wall Street expectations.
App Gives Details On Locales Via Photo
An Irvine startup launched by two siblings who are University of California-Irvine graduates has launched an iOS app that culls information within seconds on locations, attractions and landmarks with the snap of a photo.
Aliso Viejo-Based IT Services Provider Nears $1B Mark With Fortune 500 Clients, Offshore Hubs
UST Global Inc. is on a fast track to becoming Orange County’s next $1 billion company with its aggressive expansion plan in emerging markets around the globe.
Orange County’s two publicly traded rivals in the networking equipment market posted solid quarterly reports Thursday after the close of trading, but one of the company's projections for the current quarter caused shares of its stock to fall Friday morning.
Irvine-based chipmaker Broadcom Corp. after the close of trading today reported fourth quarter revenue and adjusted profits that beat Wall Street expectations and provided a revenue outlook for the current quarter in line with expectations.
Irvine-based storage products maker Western Digital Corp. after the close of trading Tuesday reported revenue and adjusted profits for the December quarter that beat Wall Street expectations.
Verys Now Has About 50 Workers in OC, Dallas
Startup Verys is on a hot streak, landing a deal with Disney ABC Television Network to build its internal marketing management system.
AUTOS: Chinese billionaire vows to restart stalled luxury hybrid brand
About 140 employees at Fisker Automotive and Technologies Group LLC are packed in a conference room to meet the man behind the automaker’s comeback bid.
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.
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 holds the potential for some game changers in Orange County’s diverse technological landscape.
TECHNOLOGY: Sets up shop next to Facebook’s new campus
One of Orange County’s most promising technology companies has moved to Silicon Valley.