Led By T-Mobile, Which Added 175 Employees
The continued growth of T-Mobile USA Inc. and Mobilitie LLC’s local operations boosted the employment of the largest telecommunications companies in Orange County over the year ended July 31.
Aliso Viejo-based chipmaker Microsemi Corp. took naming rights of the Los Angeles Rams practice facility at the University of California-Irvine.
EnCore’s New Airliner Seat Certification Unit Ready To Leverage Boeing Contract to Gain Market Share
An acceleration sled propelled by two compressed air tanks has just concluded one of its first thrusts down a 120-foot runway in a renovated wing at the Huntington Beach headquarters of EnCore Aerospace LLC.
Aliso Viejo-based chipmaker Microsemi Corp. has taken naming rights of the Los Angeles Rams practice facility at University of California-Irvine.
Smith Reflects on Pass Of Chance to Buy Dell Unit
The allure of taking over the business software unit he grew to about $1 billion in annual revenue until its $2.8 billion sale in 2012 to Dell Inc. wasn’t enough to win over Vinny Smith.
Irvine will become the latest U.S. market to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The Mountain View-based tech giant initially is rolling out the service only to select Irvine Co. properties, the companies said today.
The dining room table is Vinny Smith’s preferred office these days.
New Career at Newport Beach-Based Storytelling Enterprise ‘Feels Right’
Kobe Bryant has enlisted some Hollywood big men to craft the next chapter of his life after basketball.
How OC’s Wealthiest Got Much Wealthier
This year’s crop of OC’s richest residents managed to outpace the market by a longshot, thanks to a number of additions and several deals that helped boost the combined wealth of the 45 entries to $72.5 billion.
Douglas Acquisitions Picks Up Lake Forest-Based Firm
Quantum Fuel Systems Technologies Worldwide’s recent sale to Douglas Acquisitions LLC may provide the runway and resources to finally put the Lake Forest-based company on solid financial ground after years of tweaking its business model and product lines.
Irvine-based Western Digital Corp. reported lower annual sales and adjusted profits.
Irvine-based Western Digital Corp. co-led a $77 million funding round for a Redwood City startup with noted Silicon Valley venture capital firm Kleiner, Perkins, Caufield and Byers.
Irvine-based Vizio Inc. has been acquired for $2 billion by LeEco, a conglomerate based in China.
Ener-Core Grants Rights To Make, Sell Industrial Units
A new licensing and manufacturing deal with Dresser-Rand could bring profitability to Irvine-based Ener-Core Inc. after nearly a decade in the red.
Ingram Micro Inc.’s pending $6 billion sale to Chinese conglomerate Tianjin Tianhai Investment Co. Ltd. has run into its first hurdle that could ultimately derail the deal.
Lake Forest-based Quantum Fuel Systems Technologies Worldwide Inc. was purchased by Douglas Acquisitions LLC, an affiliate of second-position secured creditors.
Newport Beach-based startup Predictive Inc. has acquired a Silicon Valley software maker developing advanced learning applications.
Epicor Originally in Irvine, Dell Unit Came From Quest
Two software makers with deep roots in Orange County that helped develop the industry here quietly changed hands in private equity deals.
TECHNOLOGY: Citigroup among backers of cybersecurity specialist
One of Orange County’s fastest growing companies is crafting a strategy to claim new ground with a push into the consumer market.
Vinny Smith’s Toba Capital in Newport Beach has led an $11 million Series A round for business software maker Grow.
The Los Angeles Rams will hold the team’s annual summer training camp at University of California-Irvine for the next three years.
Laguna Beach-based virtual reality content maker NextVR Inc. raised $20 million from CITIC Guoan Information Industry, a state-owned investment firm in China.
Angel Star Endorses Model With Data Sensor
Mike Trout is part of an effort to bring America’s Pastime into the age of data with the game’s first smart bat.
Some See Better Breaks, Others Innovate on Own
Vast strategic and management changes and hundreds of local job cuts initiated over the past few years at Broadcom Corp. and more recently at Broadcom Ltd. are creating opportunities for former executives that ultimately could reshape Orange County’s technology landscape.
Western Digital Corp. today raised its guidance for the current quarter and initiated an executive change.
Laguna Beach-based virtual reality content maker NextVR Inc. has raised $20 million from CITIC Guoan Information Industry, a state-owned investment firm in China.
D-Link Wi-Fi Camera To Join HomeKit Products List
Fountain Valley-based D-Link Systems Inc. has its first product approved for Apple Inc.’s developing HomeKit platform, which offers a selection of services for connected-home devices.
Irvine-based Ingram Micro Inc. is cutting more than 900 workers at a wireless device repair and distribution center in Fort Worth, Texas.
Games on Go, Other Event Limit Local Attendance
Orange County video game makers were uncharacteristically absent from the recently concluded annual Electronic Entertainment Expo at the Los Angeles Convention Center.
TECHNOLOGY: CrowdStrike in demand to thwart cyberattacks
CrowdStrike Inc. has been hired by the Democratic National Committee to halt a breach carried out by intelligence hackers from Russia, according to the Irvine-based security software maker.
Irvine-based data management software maker Vision Solutions Inc. has been sold to private equity firm Clearlake Capital Group L.P. in Santa Monica.
MEDIA: Domestic opener tame by comparison to $150M take over there
The movie based on Blizzard Entertainment Inc.’s franchise fantasy game could be on its way to becoming Hollywood’s biggest hit in China.
AEROSPACE: Kapco buy in Netherlands brings global scale
Kapco Global’s acquisition of Avio-Diepen in the Netherlands has positioned the Brea-based company to better compete against the distribution units of aerospace giants Boeing Co. and Airbus Group SE.
Private Red Herring Event Opp for High-Potentials
A handful of OC tech companies presented their stories to interested investors and executives across the country at a recent invite-only conference in Newport Beach.
Aliso Viejo-based networking products maker QLogic Corp. said it will be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.
Former Broadcom Corp. executive Robert Rango has been named chief executive of Irvine-based battery maker Enevate Corp.
Shares of Aliso Viejo-based networking equipment maker QLogic Corp. rose 10% after the company said it would be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.
SanDisk, HGST to Bring About $1B in Savings
Western Digital Corp.’s massive integration of SanDisk Corp. and HGST already has led to more than 500 job cuts in the past month, and more are expected.
TECHNOLOGY: Education push includes augmented reality
Irvine-based software maker EON Reality Inc. hopes to keep its growth up by bringing virtual and augmented reality content to the masses through an aggressive international plan centered on education and awareness.
The $100 million raised by Cylance Inc. last week highlights the booming demand for software security needed to thwart malicious cyberattacks in the public and private sectors—and the growing appetite of venture capitalists to fund Orange County-based businesses that are taking on the challenge.
Irvine-based security software maker Cylance Inc. has raised $100 million in a Series D funding round led by Blackstone Tactical Opportunities and Insight Venture Partners.
Irvine-based N2 Imaging Systems LLC has been awarded a five-year, $81 million Defense Department contract to develop and manufacture sniper scopes.
Irvine-based Blizzard Entertainment Inc. today announced a partnership with Facebook Inc. that aims to connect millions of gamers while boosting content on the world’s largest social network.
37-Year Company Vet Ran Medical Systems Unit
The executive in line to take over Toshiba Corp.’s struggling global operation and tarnished brand spent six years in Orange County leading a key U.S. unit based in Tustin during his long tenure with the Japanese conglomerate.
TECHNOLOGY: Software team will head to Silicon Valley
Oculus VR Inc., a trailblazer that put Orange County on the virtual reality map, has moved the last remnants of its local operation to Silicon Valley.
Irvine-based Spireon Inc. today announced that Kevin Weiss was named chief executive and the company surpassed 3 million subscriptions for its GPS vehicle telematics software.
Shares of Broadcom Ltd. were up after the chipmaker announced adjusted profits in the May quarter that topped Wall Street expectations and gave a sales outlook for the current quarter.
How Englebrecht Makes Bucks on Boxing
2Pac’s “California Love” bumps over the loudspeakers as Gennady Golovkin begins his walk to the ring, sending the sold-out crowd at the Forum in Inglewood into a frenzy.
TECHNOLOGY: Plans pivot to business, education PC market
Toshiba Corp.’s U.S. electronics unit, headquartered in Irvine, has exited the consumer PC business in a major strategic shift that underscores the changing habits of end-users and lingering challenges facing legacy manufacturers in Japan and across the world.
Class-Action Deal Comes As It Battles Another Case
The $2.3 million settlement Irvine-based Vizio Inc. recently reached to stave off a proposed class-action lawsuit regarding false advertising carried an interesting payment mechanism.