Orange County Business Journal

Tease photo

Broadcom Shareholders Approve $37B Sale

Broadcom Corp. shareholders today approved the Irvine-based chipmaker’s $37 billion sale to Avago Technologies Ltd. in Singapore.

Tease photo

PMC Board Behind Microsemi Bid

Chipmaker Microsemi Corp.’s latest cash-and-stock bid to acquire PMC-Sierra Inc. has been deemed a “superior proposal” by the board of the Sunnyvale-based target company.

Ad Indicates Another OC IPO Could Be in Making

UST Global Posts Job For Exec With IPO Experience

Aliso Viejo-based UST Global Inc. could be the next Orange County tech company to go public.

Chipmakers End Streak of Cuts Amid Combinations

Boost Employment Bases By 4%; None Drop Jobs

The largest chipmakers in Orange County added jobs in the past year amid a wave of industry consolidation that included four companies with local operations.

Irvine IT Provider Bought by PE Firm

Irvine-based IT provider Synoptek LLC was acquired by San Francisco-based private equity firm Sverica Capital Management LLC on undisclosed terms.

Tease photo

Blizzard Loses 100K Subscribers

Irvine-based Blizzard Entertainment Inc. posted another subscription loss in its flagship World of Warcraft franchise, but the third-quarter drop was overshadowed by Santa Monica parent Activision Blizzard Inc.’s $5.9 billion takeover of King Digital Entertainment PLC.

Tease photo

PMC Rejects Microsemi Bid

PMC-Sierra Inc. has rejected the latest buyout offer of $2.4 billion from Aliso Viejo-based chipmaker Microsemi Corp.

Tease photo

PMC Rejects Microsemi Bid

PMC-Sierra Inc. has rejected the latest buyout offer of $2.4 billion from Aliso Viejo-based chipmaker Microsemi Corp.

Tease photo

Irvine IT Provider Sold

Irvine-based IT provider Synoptek LLC has been acquired by San Francisco private equity firm Sverica Capital Management LLC.

Software Maker Raises $85M in Round

Irvine-based analytics software maker Alteryx Inc. raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York. Palo Alto-based Meritech Capital Partners also participated.

Pot Products Maker Grows Like a Weed

Terra Tech Sales Up 754%, Largely On Cannabis Demand Surge

Terra Tech Corp.’s crops of basil, oregano, thyme, parsley and lettuce are a steady line of business, but the Newport Beach-based company’s newer line of products derived from another leafy green is the big growth driver.

Telogis Sees Future In Apps Made With Apple

TECHNOLOGY: Mobile products aimed at B2B customers

Aliso Viejo-based logistics software maker Telogis Inc. is placing a big bet on mobile apps in a new partnership with Apple Inc.

Microsemi Deal for Chipmaker Would Be Its Biggest

$2.2B Offer About 4 Times PMC-Sierra’s Annual Sales

Aliso Viejo-based Microsemi Corp.’s $2.2 billion bid to acquire Sunnyvale chipmaker PMC-Sierra Inc. is the latest deal in the sizzling chip sector, which has already seen record activity this year.

Tease photo

Mixed Q3 for Ingram

Irvine-based Ingram Micro Inc. reported a mixed third quarter in a report issued after the close of intraday trading today.

Tease photo

Irvine Software Maker Gets $85M

Irvine-based analytics software maker Alteryx Inc. has raised $85 million in a venture capital round led by Iconiq Capital in San Francisco and prior backer Insight Venture Partners in New York.

Tease photo

Telogis Inks Apple Deal

Aliso Viejo-based logistics software maker Telogis Inc. has struck a deal with Apple Inc. to enhance vehicle and workforce related apps for the consumer electronics giant’s line of iPhones and iPads.

WD Solidifies Top Hard Drive Position in Whirlwind Week

Scoops Up SanDisk, Gets Long-Awaited HGST Nod

Scoops Up SanDisk, Gets Long-Awaited HGST Nod

Live VR Stream of Democratic Debate Largely Panned

Observers: Headset Awkward, Limited

NextVR’s live virtual reality stream of the recent democratic presidential debate drew some harsh criticism from tech pundits, leading many to quip the emerging technology isn’t ready for prime time.

Microsemi Shops $2.2B Chipmaker Bid as Winner

TECHNOLOGY: Deal would double its debt; dismisses idea of other suitors

Aliso Viejo-based chipmaker Microsemi Corp. is confident its record $2.2 billion bid last week to acquire PMC-Sierra Inc. will stand against competitor Skyworks Solutions Inc.

Tease photo

Irvine Software Maker Sells Stake

Duke Energy Corp., one of the nation’s largest electric utility providers, has taken a majority stake in Irvine-based Phoenix Energy Technologies.

Tease photo

Ingram Buys in Latin America

Irvine-based Ingram Micro Inc. is set to acquire Grupo ACAO, one of the largest IT providers in Latin America.

Tease photo

Microsemi Bids $2.4B for Chipmaker

Aliso Viejo-based chipmaker Microsemi Corp. has placed a $2.4 billion bid to acquire chipmaker PMC-Sierra Inc., the company said this morning.

Tease photo

WD Can Integrate $4.8B HGST

Western Digital Corp. received approval from Chinese regulators to integrate its $4.8 billion acquisition of HGST, the Irvine-based disk maker said this morning.

Fantasy Sports Startup Responds to Industry Inquiry

Tightens Policies in Wake Of NY Probe of Rivals

Aliso Viejo-based startup FantasyAces LLC has changed some internal policies in the wake of a data analysis scandal that has shaken up the nascent and booming daily fantasy sports industry.

Another Boost for Irvine-Based Analytics Specialist

TECHNOLOGY: Software from Alteryx in Microsoft’s Power BI

Alteryx Inc.’s latest partnership with Microsoft Corp. opens the door to throngs of potential customers for the Irvine-based analytics software maker in one of the fastest-growing segments in technology.

New Moves for Gym Chains

Local Companies Help Lead Industry Innovations in Fitness Workouts

Some of the hottest trends in the fitness industry are being developed in Orange County, prompting several locally based companies, including LA Fitness, UFC Gym and Fitwall, to aggressively expand their brands while offering very different experiences to their members.

EON Offers Virtual Reality Content From Irvine HQ

TECHNOLOGY: Users range from NFL player to eye doctor

An Irvine-based software maker’s push into virtual and augmented reality is attracting a mix of new customers that includes eye doctors, engine builders, chemical plant operators and an NFL quarterback.

Tease photo

Chairman Acquires Majority Stake in Irvine Firm

Venture capitalist and Cie Digital Labs Executive Chairman Anderee Berengian acquired a majority stake in the Irvine-based game app developer and incubator.

Unisplendour WD Deal Sets OC-China Benchmark

$3.8B Minority Stake Could Be Biggest Ever

Unisplendour Corp. Ltd.’s $3.8 billion minority stake in Irvine-based Western Digital Corp. is believed to be the largest single investment a China-based company has made in a local company but still trails some other blockbuster deals initiated by foreign investors.

OC-China Culture Club

Assimilation, Influence Hallmarks of Community Here

You won’t find a typical Chinatown in Orange County—no ethnic concentration with block after block of storefronts offering goods for new immigrants from the world’s most populous country or tourists anxious to brush up against an outpost of its culture.

Rare Investment Method Behind MTAB Acquisition

Search Fund Acquires Local Software Maker

Poplar Capital Partners LLC’s recent buy of Yorba Linda-based business software maker mTAB LLC was backed through a rarely used investment mechanism: a search fund.

Wang’s Way

Business Failure Led Vizio Co-founder to ‘Innovate Myself Out of This Situation’

William Wang owes as much to his failures as his successes.

WD Stake Pushes OC-China Ties to New Level

TECHNOLOGY: $3.8B deal catches Wall Street by surprise

China continued to make waves in Orange County last week with a $3.8 billion deal that will give Unisplendour Corp. Ltd. a 15% stake in Irvine-based Western Digital Corp.

Morris in Motion

Telogis Hooks Up With AT&T on Software for Automakers

Telogis Inc.’s new deal with AT&T Inc. marks another significant turn for the Aliso Viejo-based logistics software maker under the leadership of co-founder Newth Morris.

Tease photo

TTM to Shutter 3 Plants

TTM Technologies Inc. will shutter three manufacturing plants and lay off 550 workers as part of a global integration plan following its $927 million June acquisition of Viasystems Group Inc., the Costa Mesa-based printed circuit maker announced today.

Tease photo

NextVR to Stream Democratic Debate

Laguna Beach-based startup NextVR will stream the Democratic presidential debate next month in Las Vegas on CNN, adding to its list of firsts in the developing virtual reality segment.

Santa Ana Software Maker Names CEO

Technology industry veteran Joe Bergera was named chief executive of Iteris Inc., a Santa Ana-based data provider and traffic management software maker.

Microsemi Aboard NASA Spacecraft for Pluto Mission

Space Unit Targets Niches In Mission-Critical Work

Aliso Viejo-based chipmaker Microsemi Corp. has supplied several key components on NASA’s New Horizons spacecraft, which was sent in part to study Pluto in a mission launched nearly a decade ago from Cape Canaveral Air Force Station in Florida.

Out of Ordinary for Newport Beach: Factory Upgrade

TECHNOLOGY: Chipmaker to put $15M or more into plant on Jamboree

Israel-based Tower Semiconductor Ltd. is investing $15 million to $20 million to upgrade its Newport Beach manufacturing plant to meet growing demand for new generations of chips for smartphones and other wireless devices.

Tease photo

Iteris Names New CEO

Technology industry veteran Joe Bergera has been named chief executive of Iteris Inc., the Santa Ana-based data provider and traffic management software maker said this morning.

Irvine Battery Maker Raises $30M

Irvine-based startup Enevate Corp. has raised $30 million in a Series B funding round and has plans to start production of its lithium batteries.

Ingram Opts for ‘Diverse, Interconnected’ Software

TECHNOLOGY: Distribution giant abandons general overhaul

Ingram Micro Inc. has scrapped a global software overhaul launched seven years ago in an effort to improve flexibility as the distribution giant’s business model evolves.

Hiring Push for Cloud Software Startup in Aliso Viejo

Company Looks to Nearly Double Work Force to 90

Aliso Viejo-based startup Verismic Software Inc. is on a hiring push as more companies look to offload IT management services via the cloud.

E-Commerce, Cloud Fuel Seta’s Skyrocket

Amazon.com Designation Opens More Doors

A big push into e-commerce and a partnership with the world’s largest online retailer has helped Irvine-based Seta International’s top line skyrocket in the past few years.

Tease photo

Irvine Battery Maker Raises $30M

Irvine-based startup Enevate Corp. has raised $30 million in a Series B funding round has plans to start production of its lithium batteries.

Energy Equipment Company Refocuses on Licenses

Changes Lead Ener-Core To Quit Manufacturing

Irvine-based Ener-Core Inc. has signed its first large-scale commercial order after some missteps, management changes and a company split.

Western Digital Execs Have History of Restructurings

Milligan Reshaped HGST, Leonetti Same at Amgen

The track record of Chief Executive Steve Milligan and Chief Financial Officer Olivier Leonetti might have foreshadowed Irvine-based Western Digital Corp.’s extensive job cuts in recent years.

Vizio Puts $50M Into Potential of Big Data

TECHNOLOGY: Completes buy of SF-based software firm

Vizio Inc. has acquired full ownership of a technology that enables smart TVs to capture, record and disseminate data on the viewing habits of its customers.

Incubator Move to OC to Boost Startup Aid Network

Cie Digital Aims For Up To 4 Launches Per Year

Cie Digital Labs’ recent move from Long Beach to Irvine could boost OC’s developing ecosystem of incubators, a mix of real-estate-driven plays, public and private partnerships, and co-working spaces.

Electronics Makers See Flat Employment Pace

18 Biggest Companies Add Just Nine Employees

Employment at the county’s largest contract electronics makers was flat over the past 12 months, despite steady sales growth in the industry worldwide.

Page of .