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.
Santa Ana-based Cold Genesys Inc. closed a $22 million Series C preferred stock financing.
Chris Beals has been promoted to chief executive of Irvine-based Weedmaps.
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.
Irvine-based Stretto, which supplies services for both corporate and consumer bankruptcies, acquired CINgroup to enlarge its technology services.
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 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.
Irvine’s ATTOM Data Solutions has been acquired by Lovell Minnick Partners, a Philadelphia-based private equity firm, on undisclosed terms.
TTM Technologies Inc. (Nasdaq: TTMI) reported a record fourth quarter adjusted profit that beat Wall Street expectations.
Fast-growing Irvine fintech firm Acorns Grow Inc. has raised $105 million in its latest funding round, pushing its valuation to nearly $860 million, tripling its value since 2016, the Wall Street Journal reports.
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.
AUTOMOTIVE: Joins Zotye, Karma
Add GAC Motor to the growing cadre of Chinese automakers establishing operational hubs in Orange County.
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.
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.
GAMING: Allied, World Poker Tour part of $214M merger
Orange County’s role as a hub in the fast-growing esports industry will become even more pronounced after one of its main corporate players, Allied Esports International Inc., sets up headquarters in Irvine and goes public this year via a reverse merger.