Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 225
Thirteen members of the Business Journal’s annual OC’s Wealthiest report made this year’s Forbes list of global billionaires.
Broadcom Corp. co-founder Henry Nicholas is donating $40,000 to ensure the men and women crew teams at University of California-Irvine will participate in the 2018 American Collegiate Rowing Association National Championship Regatta in May in Georgia.
Champions Tour Event in Newport Back With Best Lineup, Exposure
When Toshiba Classic Week begins Monday, it will mark the end of two eras.
HyperX, With Gaming’s Help, Speeds to Milestones
The gaming unit of Kingston Technology Inc. has hit another milestone in headset sales.
Aliso Viejo-based Microsemi Corp. is in “advanced talks” on a potential sale to Microchip Technology Inc., according to a Wall Street Journal report.
Monie Says Packaged Vertical Offerings a Driver
Count the chief executive of the world’s largest technology products distributor among the throngs of blockchain skeptics.
Alteryx’ Rubin Managed IPO, Acquisition, Global Expansion
About a month before Alteryx Inc. filed its March 2017 initial public offering, Chief Financial Officer Kevin Rubin was on a flight to the Czech Republic with Chief Executive Dean Stoecker to hammer out a deal to acquire metadata management and oversight specialist Semanta.
Award Makes Statement About His 35 Years
Todd Schull’s 35-year career as a top finance executive crisscrossed the nation.
Shares of Universal Electronics Inc. are up 25% in afternoon trading to a market value of about $784 million, with shares moving about three times higher than the average.
Irvine-based Alteryx Inc. reported fourth quarter revenue and operating income that topped Wall Street expectations, with shares trading 17% higher after the release of the results.
CEO Says ‘Almost Like Back to the Future’
Kofax Inc. is back in the buying business under the more stable footing of Chicago-based private equity parent Thoma Bravo.
HNA Group in Cash Crunch; Debt Going Up
The ongoing financial troubles of HNA Group won’t affect operations of Ingram Micro Inc., the company told the Business Journal.
TECHNOLOGY: Declares 2018 ‘Year of the Robot’
A 2013 acquisition laid the foundation for Kofax Inc.’s fastest-growing line of business as corporations seek to replace human workers with automated software in the digital age.
SPORTS: Agency Athletes First, QB client just got busy
Justin Schulman’s phone hasn’t stopped ringing since his client pulled off one of the most stunning performances in Super Bowl history.
The board of Qualcomm Inc. today unanimously rejected Broadcom Ltd.’s latest unsolicited cash and stock bid of $121 billion, or $82.00 per share.
Shares of TTM Technologies Inc. declined about 3% to a $1.5 billion market cap after the Costa Mesa-based company provided an outlook on adjusted profits this quarter that were below Wall Street expectations.
Her Resume is Loaded, Stellar, and Slated to Add One More Big Name
In a meeting last month at Broadcom Ltd.’s San Jose headquarters, Hock Tan asked Julie Hill why she wanted to join a board takeover of rival Qualcomm Inc.
Bank Apparently Helping Chipmaker Mull Options
Chatter is picking up again that Microsemi Corp. is exploring options, including a possible sale.
Irvine-based FMH Aerospace has changed hands for the second time in less than three years.
One Identity LLC, a key element in Quest Software’s 2012 blockbuster sale to Dell Inc., which made Vinny Smith a billionaire, has closed its first acquisition as a stand-alone company.
Debuts Synchronized Memory Module Lights
Another first for Kingston Technology Inc.
Rashaan Salaam’s Heisman Trophy attracted nearly $400,000 in an auction run by Laguna Niguel-based SCP Auctions.
Top Foreign-Owned Cos. Still Show Some OC ‘Braun’
Orange County’s automakers helped drive a modest uptick in employment last year among the largest foreign-owned companies with major operations here.
TPG Fund Gives Secret Figure, Its First in Fintech
Irvine startup Acorns Grow Inc. is in rare company after securing an investment from TPG’s social and environmental investment fund.
Life hasn’t changed much for Ingram Micro Inc. since it was taken private a year ago for $6 billion by Chinese conglomerate Tianjin Tianhai Investment Co.
Trade Show Boon to Pro Pitchers
CES has evolved greatly in the past five years from a predominant drone, PC and TV showcase amid the 4K buildup to an increasingly inclusive show promoting the latest in autos, health and wellness, sports, apparel, music and food.
TECHNOLOGY: Kingston, D-Link to intro new lines, partnerships
Several Orange County technology companies at the CES trade show last week promoted new security enhancements and related partnerships in an era when mobile devices and networks are on the front line of targeted cyberattacks.
Skyworks, Now Run From OC, Increases Sales
Skyworks Solutions Inc., which is run from Irvine, enters 2018 as Orange County’s second-most valued public company, with a recent $18.5 billion market cap.
Universal Electronics Inc. helped develop a new voice remote control for DISH Network Corp., the Santa Ana-based company said this week in Las Vegas at CES, the nation’s largest electronics trade show.
D-Link Systems Inc. in Fountain Valley introduced several connected-home devices this week in Las Vegas at the CES consumer electronics show.
Irvine-based Insteon said its line of connected home devices is compatible with Google Assistant-enabled products, such as Google Home speakers and select Android and Apple smartphones.
Kia Motors Corp. and its Irvine-based North American unit Monday in Las Vegas introduced a concept electric vehicle that can travel 238 miles on one charge.
TECHNOLOGY: Small OC group plan debuts, hope for deals
CES, the largest trade show in the country, kicks off this week in Las Vegas with dozens of Orange County tech companies angling for a strong start out of the gate in the new year.
Two-Year LAUSD Deal Worth $60 Million
Lake Forest-based Toshiba America Business Solutions Inc. will remain the multifunction printer provider for the Los Angeles Unified School District until at least November 2019.
Huntington Beach-based Boardriders Inc. has signed a deal to acquire all shares of Billabong International Ltd., creating one of the world’s largest action sports companies.
Attorney General Jeff Sessions has named Orange County lawyer Nicola Hanna as interim U.S. attorney for the Central District of California, which encompasses Orange and Los Angeles counties.
Hyundai Motor Co. in Seoul today announced a partnership with Palo Alto-based Aurora Innovation Inc. to bring an autonomous vehicle to market by 2021.
How Alteryx and Dean ‘Stoecked’ an OC Industry and Its Dormant IPO sector
A March initial public offering, two acquisitions, and three strong quarters.
Year Brought Deluge of Deals, Raises and More
Last year Orange County’s diverse tech sector produced big headlines, some of which we highlighted in our recent year-in-review issue.
The board of San Diego-based Qualcomm Corp. won’t nominate any of the 11 candidates recommended by rival Broadcom Ltd. and investor Silver Lake Partners, the latest turn in the hostile takeover attempt.
Two of Orange County’s closely watched technology stories of 2017 should find resolution in the new year.
TECHNOLOGY: Would bring new markets, bolster others
TTM Technologies Inc.’s proposed $775 million buy of Anaren Inc. from affiliates of New York private equity firm Veritas Capital would bolster product offerings in the aerospace, defense and networking communications sectors while providing growth opportunities in the industrial, medical and automotive markets.
Kavas Founded Software Maker With $1,000 in 2010
Ike Kavas, who took the top post last week at the Laguna Hills software company he co-founded seven years ago, has laid out an aggressive strategy to ramp up Ephesoft Inc.
Allows Providers To Remotely Access Vehicles
Hyundai Motor America Inc. in Fountain Valley and Silicon Valley-based Smartcar Inc. will launch a pilot program early next year in Southern California to provide Hyundai car owners with on-demand services from various businesses, including mobile car washes, and grocery and fuel deliverers.
TECHNOLOGY: Digital work makes up for print decline
Toshiba America Business Solutions Inc.’s multimillion-dollar contract to outfit the StubHub Center in Carson with ultra-high-definition scoreboards and digital ribbon displays highlights one of the few growth markets in an otherwise flat sector challenged by the dwindling life of print.
One of Orange County’s most recognized marketing firms is at the center of a sexual harassment lawsuit.
TTM Technologies Inc. has agreed to pay $775 million to affiliates of New York private equity firm Veritas Capital for East Syracuse-based Anaren Inc.
AUTOMOTIVE: Supercar’s developers target world’s elite
Clive Hawkins believes in two ways to mark any 21st birthday.
HB Presence Meets Sky-High Filming Needs
The Huntington Beach operation of drone services provider Measure should get a lift from the company’s expansion into the arts and entertainment industry.