Recent and archived news stories on: Alternative Energy, Automotive, Computing, Engineering, Internet, Nanotech, Software, Telecom, Wireless...

Lantronix CEO Departure Prompts Call for Changes

TECHNOLOGY: Jimmy P suggests ‘strategic alternative’Jeff Benck has left networking products maker Lantronix Inc. in a stronger financial position than what he inherited in late 2015.

CalAmp Buys Synovia for $50M

CalAmp Corp. has acquired Synovia Solutions LLC for $50 million to expand its subscription services, the Irvine-based company said today.

Tease photo

ConversionPoint Files For IPO

Newport Beach-based ConversionPoint Holdings Inc. is looking to raise $40 million in an initial public offering.

Tease photo

ShiftPixy Q2 Sales up 67%

Irvine-based ShiftPixy Inc. reported fiscal second quarter revenue for the period jumped 67% to $13.2 million from the same period a year earlier.

Tease photo

Mavenlink Gets $48M; Carrick, Goldman, In

Business software maker Mavenlink Inc. raised $48 million in a Series E financing round, led by current investors Newport Beach-based private equity firm Carrick Capital Partners and Goldman Sachs Growth Equity.

Tease photo

Alteryx Pays $20M In AI Buy

Irvine-based data science and analytics firm Alteryx Inc. (NYSE: AYX) bought ClearStory Data, a privately held software company based in Menlo Park, for $20 million.

Tease photo

Karma Names New CFO

Karma Automotive LLC in Irvine appointed Ashoka Achuthan chief financial officer, replacing Cameron Adamson, who had held the post about five years.

Tease photo

CoolSys Bought by Ares

CoolSys, a Brea-based company that installs and maintains refrigeration and heating systems for companies like Costco and Starbucks, was acquired by Ares Management Corp.

Tease photo

Cold Genesys Raises $22M

Santa Ana-based Cold Genesys Inc. closed a $22 million Series C preferred stock financing.

Tease photo

Cannabis Company Names CEO

Chris Beals has been promoted to chief executive of Irvine-based Weedmaps.

Tease photo

More Western Dig Job Cuts

Memory products maker Western Digital Inc. has sliced its local workforce another 7% , eliminating 102 jobs in Irvine as part of a larger cost-cutting initiative that eliminated hundreds of positions in California, according to a filing with the state Employment Development Department.

Tease photo

Stretto Buys Bankruptcy Tech Firm

Irvine-based Stretto, which supplies services for both corporate and consumer bankruptcies, acquired CINgroup to enlarge its technology services.

Tease photo

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.

Tease photo

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.

Tease photo

Real Estate Data Firm Bought

Irvine’s ATTOM Data Solutions has been acquired by Lovell Minnick Partners, a Philadelphia-based private equity firm, on undisclosed terms.

Tease photo

TTM Q4 Profit Tops Consensus

TTM Technologies Inc. (Nasdaq: TTMI) reported a record fourth quarter adjusted profit that beat Wall Street expectations.

Tease photo