Kevin Costelloe
Staff Reporter
Phone: 949-833-8373 Extension: 225
Recent Stories
Skyworks Completes $2.75B Deal for Silicon Labs Unit
Acquisition to accelerate Irvine-based firm’s growth
Chip Startup Mobix to Buy Optical Cable Firm Cosemi
Will Boost 5G Advances For Irvine-Based Firm
High-tech marriage of wireless and wire will boost Orange County in competitive 5g market
Specright Gets $30M Funding For Supply Chain Innovation
Tustin Co. Helps Control Huge Amounts of Data
New funding will allow company to double its headcount by early 2022 and look towards expanding globally
Samueli’s Fortune Rises Amid Broadcom Boom
CHIPMAKERS: Anaheim work, philanthropy continues
Samueli real estate dealings look towards ocVibe project while philanthropy efforts focus on education and healthcare
Rivian Closes $2.5B Funding Round
Led by Amazon, Ford
Xponential Fitness Makes NYSE Debut
Shares dip at the start of trading
Surf City’s Mission Critical Buys ZeroRPM
Aids Mission Critical’s Clean Energy Push
Midday Stock Roundup
Netlist jumps, Glaukos falls
Synoptek Boosts Comms Work With Buy From Irvine’s Juxto
IT Consulting, Services Firm Optimistic for 2021
Acquisition boosts real-time communications offerings for Synoptek; post-pandemic numbers showing promise
Energy Co. Sunworks Moves Unit to Tustin
Strengthens OC As Hub for Solar, Batteries
Clean energy initiatives are growing in Orange County as Sunworks makes strategic office move
Mobix Labs to Acquire Cosemi
Both high-tech companies based in Irvine
Frank Ng Resigns as Allied Esports Entertainment CEO
Departure comes days after World Poker Tour sale
Broadcom Ends SAS Takeover Talks: Bloomberg
No deal reached, agency says
Specright Gets $30M Series B Funding
Investors led by Sageview Capital
Midday Stock Roundup
Evolus, Moving iMage decline
World Poker Tour Sale Completed
Allied Esports sold WPT for $105M
Australia’s BAI Aims Big With Mobilitie Purchase
Wireless Infrastructure Co. Key to US Expansion
Operations to continue from Newport Beach office as a division of BAI as the transaction closes
Ingram Micro $7.2B Sale To LA PE Firm Complete
TECHNOLOGY: Gores’ Platinum Equity takes ownership from HNA
After five years, Irvine-based electronics and technology distribution giant Ingram Micro Inc. is back in the U.S.
5G-Focused Movandi, Mobix Sign Key Agreements in Asia
Pair of Irvine Upstarts Strike Separate Deals
Two upstart Irvine-based companies involved in 5G telecom development are creating links with Asia in two separate agreements
Synoptek Acquires Juxto’s RTC Business
For Irvine firm's real-time communication
Ingram Micro $7.2B Sale to Platinum Completed
Purchased from HNA of China
Midday Stock Roundup
Netlist jumps; Montrose Environmental down
EON Reality Revolutionizes Teaching With High Tech
Irvine Firm Supplies ‘Extended Reality’
Bringing high-tech learning to university classrooms around the world with "extended reality" visualization
Toshiba America’s New CEO Sees Biz Rebound
White Succeeds Maccabe; 287 at Lake Forest Base
Worldwide chip shortage still a challenge but pent-up demand and e-commerce sales are creating big numbers
Everett Dorey’s Winning Case: Employees First
LEGAL: Arranged work- from-home pre-pandemic
Progressive work environment ranks high with firm's focus on scheduling, benefits and work-life balance
Midday Stock Roundup
Skyworks rises; Alignment Healthcare down
Larry White Named Toshiba CEO
Succeeds Scott Maccabe
Gambling Tech Firm GAN All-In on Growth
SOFTWARE: $725M valuation; Irvine Spectrum HQ
GAN expects to triple 2020 revenue numbers, plans for expanding into new states
World Poker Tour Sale Heads Toward Completion
MEDIA: $105M bid marks big increase
The sale of the World Poker Tour may be approaching its final few hands
UCI Cybersecurity Center Says Firms Need to Up Protections
Cunningham Warns Of ‘Cyber Pearl Harbor’
Biden administration issued warning to treat ransomware attacks with greater urgency as more incidents occur
$260M Sale of Message Broadcast To Norway’s Link Mobility
Provider of Voice And Text Communications
Expectations for Newport Beach firm to remain opener with current staff to operate as new subsidiary under the current name
OC Business Outlook Highest in 3 Years: CSUF
Inflation is major worry
Midday Stock Roundup
Alteryx Rises; Spectrum Down
Anduril Industries’ Value Surges to $4.6B
DEFENSE: $450M boost for Palmer Luckey & Co.
Huge company milestones keeping investors interested as Anduril lands big defense contracts
Ingram Micro Sale On Track for June Closing
Reports Cite Price Increase; Value Now Up to $7.4B
Ingram Micro is expected to return to U.S. hands at the end of this month after five years under HNA Technology of China
Enevate Battery Technology Heads to Production Next Year
Firm Signs Deal With South Korea’s EnerTech
Potential for an IPO within the next two years after recent round of funding reached $81 million
Indie Semiconductor’s New Ride: Life as a Public Co.
TECHNOLOGY: $1.2B valuation for auto-focused firm
Planning for expansion with nearly 60 open positions being advertised around the world, including a focus for local OC talent
OC Unemployment Rate Falls
County added 19,100 jobs in May
Anduril Gets $450M in Series D Funding
Irvine firm’s valuation more than doubles to $4.6B
Midday Stock Roundup
Newly listed Indie Semiconductor, Viant Down
OC Home Sale Pace at Top Speed: Chapman
Local residential permits to soar
SAP Reopens Newport Beach Office, Adding Second Site
Software Firm Employee Count Reaches 330 in OC
Original office opening delayed by pandemic, currently planned for summer opening based on employee demand and health regulations
Chipmaker Mobix Preps To Ship First Product
Syntiant’s Busch, Octane’s Carpou Added to Board
Mobix Labs products will contribute towards the next generation of 5G wireless products that are expected to revolutionize communications
Kingston Steps Up Commitment to PC Gaming
TECHNOLOGY: New Fury line after HyperX sale to HP
Pandemic created huge boost to PC gaming and an increased demand for parts, such as Kingston's memory products
L Squared Selling Streaming Service Kanopy
Acquired by Digital Platform OverDrive
Enevate Reaches Agreement with EnerTech
Will commercialize Irvine firm’s battery technology
Mobix Labs Signs China Agreement with Acromax
Distribution deal to service greater China
Midday Stock Roundup
Alignment Healthcare, BJ's Rise
Blizzard Pushes Back Fanfest Until 2022
BlizzCon in Anaheim Postponed for 2nd Year
Parent company Activision Blizzard saw a rise in shares of about 32% over the past year with a recent market cap of $75 billion
Surf City’s Corecon Streamlines Software for Construction Projects
TeamLink Portal Aids Planning for Builders
Corecon Technologies has revamped its software that helps contractors streamline information to construction project teams and remain cost-efficient
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