Kevin Costelloe

Staff Reporter

Email: costelloe@ocbj.com
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

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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

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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

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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

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Rivian Closes $2.5B Funding Round

Led by Amazon, Ford

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Xponential Fitness Makes NYSE Debut

Shares dip at the start of trading

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Surf City’s Mission Critical Buys ZeroRPM

Aids Mission Critical’s Clean Energy Push

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Midday Stock Roundup

Netlist jumps, Glaukos falls

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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

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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

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Mobix Labs to Acquire Cosemi

Both high-tech companies based in Irvine

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Frank Ng Resigns as Allied Esports Entertainment CEO

Departure comes days after World Poker Tour sale

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Broadcom Ends SAS Takeover Talks: Bloomberg

No deal reached, agency says

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Specright Gets $30M Series B Funding

Investors led by Sageview Capital

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Midday Stock Roundup

Evolus, Moving iMage decline

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World Poker Tour Sale Completed

Allied Esports sold WPT for $105M

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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

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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.

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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

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Synoptek Acquires Juxto’s RTC Business

For Irvine firm's real-time communication

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Ingram Micro $7.2B Sale to Platinum Completed

Purchased from HNA of China

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Midday Stock Roundup

Netlist jumps; Montrose Environmental down

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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

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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

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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

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Midday Stock Roundup

Skyworks rises; Alignment Healthcare down

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Larry White Named Toshiba CEO

Succeeds Scott Maccabe

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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

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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

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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

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$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

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OC Business Outlook Highest in 3 Years: CSUF

Inflation is major worry

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Midday Stock Roundup

Alteryx Rises; Spectrum Down

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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

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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

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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

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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

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OC Unemployment Rate Falls

County added 19,100 jobs in May

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Anduril Gets $450M in Series D Funding

Irvine firm’s valuation more than doubles to $4.6B

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Midday Stock Roundup

Newly listed Indie Semiconductor, Viant Down

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OC Home Sale Pace at Top Speed: Chapman

Local residential permits to soar

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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

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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

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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

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L Squared Selling Streaming Service Kanopy

Acquired by Digital Platform OverDrive

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Enevate Reaches Agreement with EnerTech

Will commercialize Irvine firm’s battery technology

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Mobix Labs Signs China Agreement with Acromax

Distribution deal to service greater China

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Midday Stock Roundup

Alignment Healthcare, BJ's Rise

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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

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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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