Chris Casacchia

Technology Editor/Reporter

Chris Casacchia covers technology, aerospace and defense and sports. He can be reached at casacchia@ocbj.com.

Email: casacchia@ocbj.com
Phone: 949-833-8373 Extension: 225

Recent Stories

Synoptek Employs ‘Up the Stack’ to Buy Indusa

TECHNOLOGY: Boosts AI, software, consulting

Synoptek LLC’s recent acquisition of Indusa places the information technology service provider at the doorstep of $100 million in annual revenue while boosting its Microsoft Corp. offerings and related consulting work.

Satellite Makers Hope to Lift Local Industry into Orbit

Rocket Lab Leads With First Commercial Launch

Huntington Beach-based Rocket Lab is carrying more than small satellites on its first commercial launch, which has been rescheduled for late this year.

STARTUPS & INNOVATIONS

Investment

Newport Beach-based Toba Capital, OC’s largest venture capital firm, led a $6.4 million Series A round for San Francisco-based analytics services provider Skupos Inc.

High School Students Reach For Stars Via Engineering

Irvine, Tustin Teams Build Satellites for Launch

Irvine High School’s fall semester is underway, but incoming senior Mehr Bawa had already been hard at work.

Ducommun Flies High on New Contract, Q2 Rev Beat

InfoSpan Loses Appeal; Lantronix on Micro Index

Santa Ana-based aerospace manufacturer Ducommun Inc. has landed a contract valued at more than $200 million from an unnamed customer to produce housing for engines, fuel and equipment.

Software Companies Again Boost Headcount Over 5%

Games, Security, Analytics Continue Growth Spurts

Orange County’s software sector, a key economic driver, boosted employment 5.4%, the third straight year of significant job growth.

Ducommun Continues Cuts With Phoenix Plant Close

Says OC Operations Not Affected by Other Cuts

Santa Ana-based aerospace manufacturer Ducommun Inc. initiated more restructuring charges in the second quarter and shuttered its 100,000-square-foot plant in Phoenix, it disclosed in its recent earnings report.

Communications is the Answer to 4% Job Gains

Telecoms, Wireless Cos. Extend Job-Growth Hat Trick

The largest telecommunications companies and related wireless equipment makers grew employment at a modest clip in the year ended July 31.

Merger Makes Trace3 OC’s Newest $1B Tech Company

CEO: ‘I Think We’re a Juggernaut’

The merger of Irvine-based Trace3 and Data Strategy LLC in Grand Rapids, Mich. has created a formidable IT services provider with revenue surpassing $1.1 billion.

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Veritone Sales Sour Traders

Shares of Veritone Inc. (Nasdaq: VERI) plummeted after the company reported second quarter results that missed Wall Street expectations.

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Veritone Plans Two Acquisitions

Veritone Inc. shares jumped today after the Costa Mesa-based company announced two pending acquisitions, one for its emerging artificial intelligence business and the other for its media-buying arm.

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Acacia Housecleaning Ends With C Suite, Board Exits

President, GC, CFO Fall In Post-Proxy Fight Redo

In less than two months, activist investors Sidus Investment Management LLC and BLR Partners LP have completely overhauled the board at Newport Beach-based patent licensing and technology investment firm Acacia Research Corp. and pushed out its management team.

Nicholas Hires Top Defense Firm

Broadcom cofounder and billionaire philanthropist Henry Nicholas III has hired one of the most prolific, and high-profile defense attorneys in Nevada after his arrest late Wednesday night on suspicion of trafficking heroin, methamphetamine, ecstasy and cocaine.

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Acacia Management Ousted, Board Resigns

Senior management of Acacia Research Corp. will leave the company by Friday and all board members who were in place before a recent proxy fight at the company have resigned.

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Alteryx Up

Shares in analytics software maker Alteryx Inc. rose on its quarterly report, which included higher sales that beat expectations.

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Alteryx Boss, Wife Launch i-Rise to Lift More Boats

Alteryx Boss, Wife Launch i-Rise to Lift More Boats

Alteryx Inc. Chief Executive Dean Stoecker and his wife, Angie, want to improve educational opportunities for disenfranchised high schoolers while curbing the national student debt crises.

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Skyworks to Buy Avnera for $405M

Skyworks Solutions Inc. has agreed to buy analog chip systems maker Avnera Corp. for $405 million in cash.

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Quest Vet Dickson Unretires For New Enterprise

SOFTWARE: Running fast grower in OC’s cybersecurity hub

Former Quest Software Inc. and Dell insider Steve Dickson came out of retirement to take the top post at one of Orange County’s fastest-growing software companies.

New Cylance Software Goes for Consumer Market

Says Antivirus Product Cuts Threats Off at Pass

Irvine-based Cylance Inc., one of the highest valued and closely watched private companies in Orange County, has released its first software product targeting consumers.

Vizio Launches Streaming Service

Irvine-based Vizio Inc. has launched a free streaming service in an effort to corral cord cutters who have ditched traditional cable services.

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D-Link Cameras, Parent Target of Cyberattack

Issues New Certificates To Prevent More Damage

The Taiwanese parent of Fountain Valley-based D-Link Systems was the target of a widespread cyberespionage campaign to collect saved passwords from browsers, including Chrome, Firefox and Internet Explorer.

Why Linksys Founder Victor Tsao Keeps Moving

Global Search for Deals, Causes and Adventure

Victor Tsao is always on the move.

Zumasys Unloads Three Units to Denver Company

Can Put Proceeds Into Management Software

Irvine-based cloud services provider Zumasys Inc. has sold its cloud hosting, infrastructure and managed services business units to IT services provider NexusTek on undisclosed terms.

Tech Geek Primes Rugby Passion With Club Buy

SPORTS: Businessman cashes in chips for new game

A San Clemente tech consultant has acquired a new Major League Rugby expansion team and is fielding potential sites in Orange County for its home venue and training facility.

Forget Tariffs; ZTE Ban Could Hit Local Firms Hard

TECHNOLOGY: Chinese giant major OC trading partner

A U.S. ban imposed on China’s second-largest tele-communications equipment maker, lifted on July 13, has already pinched sales at Skyworks Solutions Inc. and is affecting several other Orange County technology companies with headquarters or major operations here.

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Special Forces Building Edge Experience

Disneyland Resort’s “Star Wars: Galaxy’s Edge” will be among the first attractions constructed in tandem with digital experiences, app games and interactive surroundings.

Ex-Ingram Exec Snags Airports in Role at New Firm

Kamel Sees Growth At Iinside Via Busy Industry

Sam Kamel, a former senior executive at Irvine-based Ingram Micro Inc., is targeting an industry with big logistical problems in his new role as chief executive at iinside.

Cooling Co. Heats Up

Ice Energy lines up project financing

Mike Hopkins, who led an ownership change six years ago at Ice Energy, is finally beginning to see sales jump in an industry that moves at glacier speed.

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ESPN, Disney to Broadcast Overwatch League

ESPN, Disney XD and its family of networks will broadcast matches of Blizzard Entertainment Inc.’s Overwatch League in another major development in the booming esports scene.

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Toshiba Gets Tapped After Year-Long Cage Match

Five-Year UFC Deal A First For MMA Rookie

Lake Forest-based Toshiba America Business Solutions Inc. will equip the world’s premier mixed martial arts organization with printers and related services.

$20 Million VC Fund Reaches for Esports Joystick

TECHNOLOGY: Sector vet aims to close ‘language’ gap

Orange County entrepreneur Paul Ward has launched a $20 million venture capital fund dedicated solely to esports.

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Activist Acacia Shareholders Win Board Tussle

Chairman, Fellow Member Replaced By 2 New Faces

In a strong indictment, shareholders of Acacia Research Corp. (Nasdaq: ACTG) overwhelmingly approved the addition of two board members nominated by dissident shareholders, ousting its chairman and a director in the process.

UST Attracts $250M Investment

Aliso Viejo-based IT services provider UST Global has received a $250 million investment from Temasek Holdings Pte. Ltd., Singapore’s state-run investment fund, the company announced today.

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Local Game Makers Ply Creations at LA Confab

Plus, Qualcomm Faces Lawsuits Over Broadcom

Orange County’s strong contingent of video game publishers and related companies were well-represented at this year’s E3 conference in downtown Los Angeles, a departure from the past few years.

Clean Energy Gets Cash Infusion, Stock Bump

ENERGY: Big Paris oil, gas co. gets 25% stake in green-fuel bet

A strategic investment and new partnership with one of the world’s largest oil and gas companies has improved Clean Energy Fuels Corp.’s Wall Street story after years of financial losses.

High Time for Some Booze

Family Business Still Fizzes in 7th Decade

Cousins, siblings, in-laws, sons and daughters seem to be around every bend in the winding, overstuffed corridors, aisles and nooks of this 22,000-square-foot wine and spirits mecca.

Ducks Net UCI Health Sponsorship

The UCI Health system has been named the inaugural presenting sponsor of the Anaheim Ducks, the franchise said this morning.

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Cylance Raises $120M

Cylance Inc., one of the highest valued private companies in Orange County, has raised $120 million in a venture round led by prior investor Blackstone Tactical Opportunities.

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Broadcom Cuts 1,100 Jobs

San Jose-based Broadcom Inc., which maintains a sizeable operation in Irvine, has issued another round of deep job cuts following an acquisition.

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H&X 1 Year Old and Mapping Out OC Expansion

Subsidiary of Japanese Audio Equipment Makera

The Irvine-based H&X Technologies, part of Hibino Corp. in Tokyo, was launched about a year ago to establish a foundation in Southern California to sell and lease its suite of high-res LED displays and products through the U.S.

Alteryx Shares Customers’ Props at Annual Conference

Says Software Boosts Cos., Even Fights Malaria

The influence and future of data analytics was on full display at Alteryx Inc.’s annual convention at the Anaheim Convention Center.

Arbonne Polished Self With Tech 911 Job

RETAIL: Beauty, nutrition co. was handicapped by crashes

A digital transformation and IT overhaul launched five years ago helped Arbonne International LLC move from a stagnant retailer to a coveted takeover target.

End of an Era: ‘Jimmy P’ And Microsemi Corp.

TECHNOLOGY: New owners cut quickly, eye ‘synergies’

Microchip Technology Inc. Chief Executive Steve Sanghi has ousted the entire management team at Microsemi Corp. following its $10.3 billion acquisition, according to sources close to the matter.

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Rome Calls on Clones in Hall Push

Jim Rome, who’s attracted millions of listeners with his hot takes on sports and pop culture and his confrontational demeanor, has been nominated for the National Radio Hall of Fame.

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It Survived – Now It Wants to Thrive

Telematics Specialist CalAmp Expands Services

The beeps intensify, and the directional signal from the LoJack stolen-vehicle recovery system is pointing north.

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Henry Samueli Turns Up His Nose at Esports Team

Keeps His Money; Maybe He’s Just Partial to Hockey

Broadcom co-founder and Anaheim Ducks owner Henry Samueli passed up an opportunity to buy a professional video gaming team.

Opposing Sides Prep for Acacia Shareholder Meeting

Activist Investors’ Picks Challenge Chair, Director

Acacia Research Corp.’s annual shareholder meeting next week could determine the direction the Newport Beach-based company will take after several years in choppy waters.

Athletes First’s Historic Deal With NBA Union

SPORTS: NFL superagency crosses over to the NBA

The National Basketball Players Association bucked tradition and decades of history in selecting a new subsidiary formed by Athletes First LLC in Laguna Hills to handle licensing and other partnerships for its star players rather than the league that helped make it the most powerful union in professional sports.

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Toshiba Flash Unit Sale Gets Final Needed Approval

China Gives Nod to $18B Deal to Kingston Group

Chinese regulators approved the $18 billion sale of Toshiba Corp.’s lucrative flash memory unit to a consortium that includes Fountain Valley-based Kingston Technology Co.

Still In The Picture

Cuts at Headquarters Meant to Fuel Growth

Vizio Inc. has downsized its Irvine operation and is in jeopardy of losing its long-held No. 2 position in flat-panel TV sales in North America.

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