In This Week's Issue
PHILANTHROPY: $600M from Broadcom co-founder
Irvine-based chipmaker Broadcom Inc.’s value shot up 100% on the day it went public in 1998.
NONPROFITS: Sees children’s mental clinic boosting US
CHOC Children’s Foundation, the fundraising entity for Children’s Hospital of Orange County, sets the bar high.
LEGAL: Patent, IP firm completes revamp
Acacia Research Corp. has gotten rid of automated restaurant kitchen helper Flippy, while also arranging for a significant infusion of funds from an activist investor—the latest restructuring moves for a firm that’s seen a bevy of changes over the past year or so, including a comprehensive management shake-up and a headquarters move from Newport Center to Irvine.