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

Mortgage Modernizer Raises $50M in Latest Capital Round

STARTUPS: Cloudvirga pledges OC’s growing fintech fraternity

Irvine-based startup Cloudvirga Inc. has attracted big-name customers and backers as it aims to modernize a mortgage industry steeped in manual processes more than a decade old.

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Veritone’s Q1 Mixed as It Tries to Leverage AI

Revenue Rises Over 40%, Mostly on Media Business

Veritone Inc.’s latest quarterly report produced a mixed bag of results for the wildly traded Costa Mesa company trying to crack into the booming but highly speculative artificial intelligence market.

Legacy Tech Vets Go AI With Chip Startup

TECHNOLOGY: Raise $5M, plan new VC round with big backer

An Irvine-based startup led by former Broadcom, Mindspeed Technologies and Lantronix Inc. executives has emerged with backing from the world’s largest chipmaker and its first deal.

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Cloudvirga Raises $50M

Irvine startup Cloudvirga today announced it closed a $50 million Series C funding round led by private-equity firm Riverwood Capital in Menlo Park.

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Chipmakers Grew as Group, a Few Rapidly

Modest Job Gains As Microsemi Sale Looms

This year’s roundup of Orange County’s largest chipmakers is defined by the deals that got done and the one that got away.

Largest Makers Held Payrolls Steady

Early Returns on Major Moves At Big Three Coming Soon

The largest consumer electronics makers in Orange County shrank payrolls slightly compared to last year.

$83M Investment in Clean Energy

Shares of Clean Energy Fuels Corp. surged after the Newport Beach company said it received an investment and launched a new leasing program for natural gas heavy duty trucks.

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Alteryx Beats Q1

Analytics software maker Alteryx reported first quarter revenue and operating income that beat Wall Street expectations.

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Olloclip’s O’Neill Ponders More In-Kitchen Creations

Post Shows He’s Ready For Next Challenge

Olloclip founder Patrick O’Neill has left the Huntington Beach company he established in 2011, a company that brought consumers quality attachable lenses to improve smartphone photos.

Safety in Numbers for Cybersecurity Companies

TECHNOLOGY: NY buyout house merges OC firm, 3 more

A Lake Forest security services provider is gaining global resources and deep pockets as a result of a four-company merger led by private equity firm The Riverside Co.

Blizzard Posts Mixed Q1

Presales for Blizzard Entertainment Inc.’s next World of Warcraft expansion helped boost revenue in the first quarter, though operating income decreased as it rolled out new business lines.

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What Happens In Vegas

Kingston Player In New Esports Arena

Las Vegas, built on gambling and embellished with rock-star residencies, Broadway musicals, magic acts, adult entertainment and exclusive nightclubs, has a new game in town with a different demographic.

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HB Sand Volleyball Tourney Goes Global

SPORTS: AVP event to host overseas and US teams

The Association of Volleyball Professionals will open its season this week in Huntington Beach with international flair.

Engineer Goes All-In on Coding School Enterprise

Opens OC Outpost Of Small-Classes Concept

Engineer-turned-entrepreneur Jim Shen is bringing an educational concept developed in Silicon Valley to Orange County.

CalAmp Posts Record Quarterly Revenue

CalAmp Corp. (Nasdaq: CAMP) topped Wall Street estimates in revenue and operating income in the February quarter, reporting after the market closed.

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Ducommun Closes $30.5M Buy

Santa Ana-based Ducommun Inc. (NYSE: DCO) has acquired Certified Thermoplastics Co. LLC for $30.5 million.

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Seasoned Business Builder Gets VC Cash for New Co.

$11.7M to Software Maker That Saves Firms Money

Serial entrepreneur Tracy Price has been running down a dream for more than two decades.

Sales Schedule Out for Coveted BlizzCon Tickets

$199 Passes Sell Fast; Virtual Versions an Option

Irvine-based Blizzard Entertainment Inc. will hold its annual fanfest Nov. 2 and 3 at the Anaheim Convention Center.

Titan Lands Hefty Security Deal

‘$900M on High End,’ Says Founder

App developer Titan Health & Security Technologies Inc.’s new contract with a global security services firm has propelled the Newport Beach-based startup into the nation’s upper tier of emergency communication providers.

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Acacia Proxy Fight Heats Up With Board Namings

Big Shareholder Cries Foul, Cites Skills Dearth

Acacia Research Corp. has appointed two additional independent directors to its board, much to the consternation of one of its largest shareholders, which has pressed the Newport Beach-based company to replace its chairman and another board member.

Ready to Launch

Surf City Unicorn Aims to Scale Space

­­Huntington Beach-based Rocket Lab will open a 14-day window this week on its first commercial orbital launch.

Avionics Vet Found Own Way in Men-Led Field

Meets Worker Shortfall Challenge as Work Builds

Kathryn Brewer is charting the next leg of growth for Leading Edge Avionics.

Angels’ Value: $1.8B

The value of the Los Angeles Angels of Anaheim rose 3% in the past year to $1.8 billion, according to Forbes’ latest annual estimates.

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Verizon Bundles Telematics Buys Into Verizon Connect

$5B Rollup Included Homegrown Telogis

The long-awaited integration of Verizon Communications Inc.’s telematics unit, which featured a key acquisition in Orange County, is complete.

SendGrid Adopts Design-Centered Tack at New Digs

Mass-Emails Specialist Triples Its OC Space

Denver-based SendGrid spent more than a year designing its new 22,000-square-foot office at 400 Spectrum Center in Irvine.

Acacia Now Finds Itself in Proxy War

New York Investors Don’t Buy New Business Strategy

One of Acacia Research Corp.’s largest shareholders is waging a proxy battle to oust the company’s chairman and another director up for re-election.

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Filing Reveals 2017 Alteryx Purchase Information

10-K Also Lays Out Customer-Base Diversity

The financial terms of Alteryx Inc.’s two acquisitions last year were among the disclosures included in the recent 10-K filing by the Irvine-based analytics software maker.

Forging Unique Successes

His Hybrid Firm’s Teams Breed, Grow Ideas Together

Anderee Berengian has developed a unique business model at Cie Digital Labs for employees and the companies they help fund and grow.

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Officials Say They’re Working to Better Secure Polls

OC Voter Agency Works With State, Feds on Efforts

Orange County’s congressional districts will have some of the most hotly contested primaries in the nation—in cyberwarfare.

Tech Venture With Urgency

Lawyer Leveraged Scary Incident Into Lifesavers

Software engineers at Newport Beach-based startup Titan Health & Security Technologies Inc. are developing two mobile features to improve communication and geolocation for its patented Next Gen 911 app system.

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Failed Broadcom Bid for Qualcomm Familiar Story

Feds’ Disapproval Based On Overseas Concerns

President Donald Trump’s presidential order blocking Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc. marks the second time in less than three years that the federal government has intervened to halt a transaction with deep ramifications in Orange County.

Forward to Fusion

As It Pursues Energy’s Holy Grail, TAE Seeks to Market Decades of R&D

TAE Technologies Inc., one of Orange County’s most funded and promising technology companies, has launched its first commercial application through a newly formed subsidiary.

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Clean Energy Posts Big Q4 Sales Drop

Newport Beach-based Clean Energy Fuels Corp. in the fourth quarter recorded a steep sales drop and wider losses.

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Qualcomm Bid Blocked

President Donald Trump scuttled Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc., signing a presidential order Monday prohibiting the bid due to national security concerns, according to news reports.

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Hoag Takes Classic Sponsorship

Hoag Memorial Hospital Presbyterian in Newport Beach has assumed the title sponsorship of Orange County’s only PGA Tour event, renaming it the Hoag Classic.

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How Jim Peterson Made Microsemi a $10B Company

Deal After Deal While Bleeding Orange

Jim Peterson’s 31st deal at the helm of Microsemi Corp. will likely be his last, cementing a legacy that extends well beyond Orange County’s business community.

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Artificial Intelligence Startup Rides Bumpy Segment

Veritone Shares Dive In ‘Revolution’s First Inning’

Veritone Inc.’s fourth-quarter results were as volatile as the company’s roller coaster ride on Wall Street in its first year as a public company.

Toshiba Looking to Glass In High-Stakes PC Play

Teams With Microsoft on Smart Glasses

Toshiba America Information Systems Inc. has launched a smart-glass, augmented-reality PC for enterprise customers in its first technological breakthrough in years.

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Forbes Picks, Misses OC Billionaires on 2018 List

Thirteen members of the Business Journal’s annual OC’s Wealthiest report made this year’s Forbes list of global billionaires.

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Nicholas Donates $40K to UCI Crew

Broadcom Corp. co-founder Henry Nicholas is donating $40,000 to ensure the men and women crew teams at University of California-Irvine will participate in the 2018 American Collegiate Rowing Association National Championship Regatta in May in Georgia.

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Swinging Back

Champions Tour Event in Newport Back With Best Lineup, Exposure

When Toshiba Classic Week begins Monday, it will mark the end of two eras.

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Kingston Headsets Helping to Drive Sales Growth

HyperX, With Gaming’s Help, Speeds to Milestones

The gaming unit of Kingston Technology Inc. has hit another milestone in headset sales.

Microsemi in Play: Report

Aliso Viejo-based Microsemi Corp. is in “advanced talks” on a potential sale to Microchip Technology Inc., according to a Wall Street Journal report.

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Ingram Chief Bullish on IoT, Cautious on Blockchain

Monie Says Packaged Vertical Offerings a Driver

Count the chief executive of the world’s largest technology products distributor among the throngs of blockchain skeptics.

This CFO Earned His Pay

Alteryx’ Rubin Managed IPO, Acquisition, Global Expansion

About a month before Alteryx Inc. filed its March 2017 initial public offering, Chief Financial Officer Kevin Rubin was on a flight to the Czech Republic with Chief Executive Dean Stoecker to hammer out a deal to acquire metadata management and oversight specialist Semanta.

TTM’s Schull is Mr. FinTech

Award Makes Statement About His 35 Years

Todd Schull’s 35-year career as a top finance executive crisscrossed the nation.

UEI Shares Pop

Shares of Universal Electronics Inc. are up 25% in afternoon trading to a market value of about $784 million, with shares moving about three times higher than the average.

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Alteryx Beats in Q4

Irvine-based Alteryx Inc. reported fourth quarter revenue and operating income that topped Wall Street expectations, with shares trading 17% higher after the release of the results.

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Kofax Returns to Buying Form After 2015 Acquisition

CEO Says ‘Almost Like Back to the Future’

Kofax Inc. is back in the buying business under the more stable footing of Chicago-based private equity parent Thoma Bravo.

Ingram Micro Says It’s Insulated From Parent Troubles

HNA Group in Cash Crunch; Debt Going Up

The ongoing financial troubles of HNA Group won’t affect operations of Ingram Micro Inc., the company told the Business Journal.