MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Kofax’s $400M Nuance Buy Done; $16M Deal Next

ICE Energy Installs 100 Systems for SCE ProjectIrvine-based business software maker Kofax Inc. closed one mega-buy this month, and has another smaller deal in the works.

Blackberry Completes Cylance Buy

Canada’s Blackberry Ltd (NYSE: BB) completed the previously announced $1.4 billion acquisition of Irvine’s Cylance Inc., a provider of Internet security using artificial intelligence.

Blizzard Cuts Jobs

Blizzard Entertainment Inc. may cut as much as 180 jobs at its Irvine headquarters as part of a large-scale restructuring initiated by Santa Monica parent Activision Blizzard Inc.

Edwards Makes $100M Acquisition

CAS Medical’s technology “provides an important indicator of oxygen levels in the brain, which can enhance clinician decision-making,” said Katie Szyman, Edwards' corporate vice president, critical care, in a statement.

NextGen Q3 Profit Beats Estimates

NextGen Healthcare Inc. (Nasdaq: NXGN), the biggest publicly traded health care software provider based in Orange County, reported fiscal third quarter adjusted profit of 18 cents, which topped analyst expectations of 15 cents.

China Carmaker Setting Up in OC

AUTOMOTIVE: Joins Zotye, Karma

Add GAC Motor to the growing cadre of Chinese automakers establishing operational hubs in Orange County.

Spectrum Pharma to Sell Drug Portfolio

Spectrum Pharmaceutical Inc. (Nasdaq: SPPI) said today it has sold its portfolio of seven FDA-approved hematology/oncology products to Acrotech Biopharma LLC for up to $300 million.

Chip Switch: Skyworks Expands Local Ops

REAL ESTATE: Takes over former Broadcom office near UCI

Skyworks Solutions Inc., Orange County’s third largest maker of computer chips by local employee count, appears poised to significantly expand its operations after striking a large lease near its existing Irvine offices.

Edwards, Boston Scientific Reach Deal

Shares of Edwards Lifesciences Corp. (NYSE: EW) climbed after the largest publicly traded company based in Orange County reached a settlement with rival Boston Scientific Corp. (NYSE: BSX).

Mitsubishi Nabs CMO From Kia

Cypress-based Mitsubishi Motors North America has named Kimberley Gardiner as vice president and chief marketing officer.

Hybrid Apparel Names CEO

Bill Hutchison has been named chief executive of Cypress-based Hybrid Apparel, effective Jan. 14.

Auto Sales: Monthly Strength, Mixed Year

Three of five OC automakers posted strong a strong month to close a generally down 2018 for local manufacturers.

Mazzo Criminal Case Dismissed

“Mr. Mazzo, you must be very happy.”

No Mazzo Deal Yet

Late Tuesday, Judge David Carter ordered a second hearing, set for Thursday, before he will sign off on James Mazzo’s agreement with the Securities and Exchange Commission to settle insider trading charges.