Kevin Costelloe
Staff Reporter
Phone: 949-833-8373 Extension: 225
Recent Stories
Midday Stock Roundup
Indexes mostly lower on concerns over slow vaccine rollout
OC Cos. Show Their Wares Virtually at CES
TECH: 5G, computerized contacts; gaming masks
OC companies used a new virtual format to show their wares at the online CES 2021 show, after the coronavirus made the usual in-person Las Vegas extravaganza impossible to hold in person
Millennials Seeking Homes, Mortgages Boost Cloudvirga
Revenue Doubled in ’20; More in Store for 2021
Irvine-based Cloudvirga, a fast-growing mortgage software company, said its revenue doubled last year and it expects similar growth in 2021, spurred on by millennials and other first-time homebuyers
Infinite Electronics Adds Networking Co. to Fold
CEO Cotner Sees Strong Start to Year
Irvine-based Infinite Electronics Inc., a global supplier of electronic components for wired and wireless communications networks, has expanded its family of brands as the company got off to a strong start for this year
Viant Sees Boom in Digital Ad Market
SOFTWARE: Ad tech firm files for $150M IPO
Irvine’s Viant Technology Inc., advertising software company known for purchasing Myspace.com, plans to go public in the booming digital ad market
CalAmp, Localiza of Brazil in Partnership
Multi-year deal for connected vehicle tech
Macquarie to Invest in esVolta in Aliso Viejo
Will support North American expansion
Allied Esports Selling World Poker Tour
Deal worth $78.3 million; esports business sale weighed
Midday Stock Roundup
Indexes rise on Yellen testimony, Goldman earnings
UCI Cybersecurity Group To Help Counter Threats
Cunningham Sees ‘Bleak’ Outlook as Dangers Mount
With cybersecurity taking on even greater prominence, the Cybersecurity Policy & Research Institute at the University of California, Irvine will be undertaking several initiatives to analyze and help counter increasingly dangerous computer threats.
Kingston Goes Digital During CES Event
TECHNOLOGY: Gaming venue sponsorship renewed
Kingston Technology doesn’t just know how to make computer storage and memory products.
AI Amplified in OC; Alteryx, Veritone Partner
Costa Mesa Firm’s Stock Sees Resurgence
Veritone Inc. Chief Executive Chad Steelberg believes his artificial intelligence company’s recently announced partnership with Alteryx Inc. is a step towards making Orange County an AI powerhouse.
Viant Files for Proposed $150M IPO
Number of shares, price not yet determined
Alteryx, Snowflake Form Partnership
Will automate analytics and data science in the cloud
HyperX, Allied Esports Renew Arena Deal
Gaming event site located in Las Vegas
Cloudvirga Says Revenue Doubled Last Year
Sees record year in 2021
Chip Company Syntiant Passes 10 Million Unit Milestone
Ships NDP100 and NDP101 processors to global customers
Midday Stock Roundup
Major indexes slip amid impeachment uncertainty
HyperX Presents Two New Gamer Products on CES First Day
Giant CES tech show goes online due to coronavirus
Veritone, Alteryx in AI Partnership
Deal integrates Veritone’s aiWARE with Alteryx platform
Panasonic Avionics Sees AI Taking Off in Airlines
Passenger Satisfaction And Revenue Generation
Lake Forest-based Panasonic Avionics Corp. sees growing role for AI in struggling airline industry
Indie Semiconductor Aims Big With SPAC Listing
CHIPMAKERS: Auto-focused firm expects $1.4B valuation
Indie Semiconductor in Aliso Viejo plans to go public at a valuation of about $1.4 billion, as it seeks a larger piece of the growing automotive technology market.
Hear This: Syntiant Intros Next-Gen Chip
TECHNOLOGY: CEO expects ‘significant’ ’21 revenue
Irvine chip technology company Syntiant Corp. has added a second-generation AI processor, aims for a significant revenue increase in 2021
Ephesoft, JIFFY.ai Link For Mortgages, Financial Services
‘HyperApp’ to Accelerate Loan Document Processing
Irvine-based software developer Ephesoft Inc. and automation technology company JIFFY.ai in Milpitas have teamed up to promote digital change in the financial services and mortgage industries
Syntiant Introduces 2nd-Generation Chip
Company expects significant revenue this year: CEO
Midday Stock Roundup
Clean Energy Fuels, Ensign Group gain
Cybersecurity Firm Netwrix Takes Over Stealthbits
Netwrix CEO Dickson will run the combined company
Alteryx Shares Fall After Company Updates 4Q Estimate
Dean Darwin new revenue chief
EV Infrastructure Looks for National Growth After Purchase
White Deer Buys Costa Mesa Electric Charging Station Firm
EV Infrastructure in Costa Mesa says it’s looking forward to increasing its presence in existing markets and expanding within the U.S. with its electric vehicle charging stations, following its acquisition by Houston-based White Deer Energy.
Kingston Duo’s Good Fortune Continues
TECH: Sun, Tu see revenues top $13B
The way Kingston Technology co-founder David Sun tells it, the giant computer storage and memory products maker in Fountain Valley traces its roots to a fortune teller in Taiwan more than 30 years ago.
Cosemi Lands $8M in Funding from Japan
Optical Cables Increasingly in Demand, Says CEO
Cosemi Technologies Inc., an Irvine-based maker of high-speed active optical cables, said it plans to accelerate growth and address market opportunities after obtaining $8 million in a financing round led by Nitto Denko Corp. of Japan.
OC Firms’ Optimism Slips For Start of 2021: CSUF
ECONOMY: Views differ on timing of recovery
Cal State University of Fullerton economists report OC executives' economic outlook remains optimistic into 2021, though sentiment is not as positive as three months ago
Midday Stock Roundup
Major indexes lower; Clean Energy, STAAR Surgical fall
OC Business Outlook Falls: CSUF
First decline since start of coronavirus pandemic
Midday Stock Roundup
Shares mixed on virus relief, U.K. worries
Clean Energy Fuels, Total in Joint Venture
Plan to develop additional carbon-negative fuel and infrastructure
Solid Comeback for OC in 2021: Chapman
ECONOMY: Lag for higher-paying jobs
Orange County employment will make a strong comeback in 2021, while home building will pick up along with tourism and hospitality; higher-paying jobs remains challenge for the region
Ingram Micro’s Monié Sees Organic, M&A Growth
CEO Outlines Future Plans After Sale by HNA
Alain Monié, chief executive of wholesale technology distributor Ingram Micro in Irvine, has given some insights into the company’s way forward under its new U.S. owner, Platinum Equity of Los Angeles.
Mirion’s Tech’s Irvine Division Adds German Firm to Fold
NASA Among Customers For Radiation Monitoring
Mirion Technologies Inc.’s Irvine-based division, a manufacturer of personal radiation monitoring devices widely used by healthcare clinicians, power plants, the military, government agencies, and most notably NASA will expand its offerings with the acquisition of German firm Dosimetrics.
U.S. Economy to Expand 5.7% Next Year: Chapman
OC employment will pick up in 2021
Midday Stock Roundup
OncoCyte jumps on China deal
Big Tech’s Reluctance for Military Work Boosts Anduril
DEFENSE: Luckey questions role of China on U.S. firms
Anduril Industries founder Palmer Luckey says big tech companies steer clear of U.S. military innovation projects due to a wariness of China coupled with financial and PR reasons.
Ingram Micro Ownership Returning to U.S. Hands
TECHNOLOGY: $7.2B sale marks 20% premium from 2016
Platinum Equity agreed to acquire Orange County’s largest tech firm Ingram Micro in a deal valued at $7.2B; deal reported to be this year's biggest disposal by a Chinese company
Cybersecurity Threats to Grow in ‘21, Says Netwrix
Ransomware Risks at Top of Year-End List
Irvine-based cybersecurity firm Netwrix predicts worse threats in 2021.
Sustain SoCal Sees Boom in Clean Tech
Energy, Transportation, Water Among Key Goals
Sustain SoCal President Scott Kitcher points to growing investor numbers to demonstrate the increasing importance of clean technology.
Midday Stock Roundup
Indexes up on stimulus prospects
Iteris Buys TrafficCast in Wisconsin
Madison-based firm provides travel information tech, applications
Veritone’s $63.8 Million Upsized Stock Offering Closes
Shares priced at $18.50 apiece
Big Tech Firms Avoiding U.S. Defense Work Due to China, Luckey says
Also challenges employee concerns as reasons for reluctance to military
Analyst: AI-Focused Veritone ‘Hitting Stride’
Market Cap Boost After Nvidia Deal
Costa Mesa-based artificial intelligence company Veritone Inc. is projecting its upward trend will continue next year
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