Kevin Costelloe
Staff Reporter
Phone: 949-833-8373 Extension: 225
Recent Stories
Midday Stock Roundup
Avid Bioservices Rises; Romeo Power Down
Acacia Research Purchases Printronix for $33 Million
Says printer co. has ‘high potential’
Deal is an example of new corporate strategy as Acacia looks to acquire "undervalued businesses" in specific sectors
Trace3 Sees Further Expansion, Growth Era Under New Owner
Exec Chairman Beecher: ‘Strong View of the Horizon’
Trace3 was sold to private equity firm American Securities LLC of New York by H.I.G. Capital of Miami, in a deal that was finalized on Oct. 15
Romeo Power Brings 250+ Workers to OC
New Cypress HQ runs 215K SF
Orange County’s growing stature as an EV hub continues to grow with Romeo Power move; company expects further expansion
RGP Introduces New Staffing Platform for Gig Economy
Accounting, Finance Consultants for Hire
Platform offers protection, certainty and service benefits of RGP’s employee-based model while retaining freedom and flexibility of growing gig economy
Alteryx Acquires Lore IO
Silicon Valley maker of analytics platform
Blizzard Says More Than 20 People Leave Company Amid Probes
Parent company faces allegations of sexual harassment, discrimination
OC Unemployment Rate Will Keep Falling: CSUF
4.1% local jobless seen for next year
Leading Edge Avionics Acquires Competitor
Creates largest avionics support network in SoCal
RGP Introduces New Digital Staffing Platform
Irvine firm’s HUGO aids gig economy professionals
Anduril Acquisition Adds to Sensor Offerings
Purchases MIT Lab Spinoff Copious Imaging
Wide-Area Infrared Sensing with Persistence technology adds key layer to Anduril’s existing AI-enabled detection, tracking and classification technology
New Alteryx CEO Looks to Australia for 1st Acquisition
Adds more AI capabilities via Hyper Anna
Alteryx ended the second quarter with $547.6 million in annual recurring revenue, an increase of 27% year-over-year
RazerCon Coming To Fire Up Gaming Fans
OC Remains Strong in Space For Gaming Companies
Video game products maker Razer looks to fire up its fans with an online program showing off hardware, software and services
Romeo Power Moving to Cypress
Signs lease for 215,000-square-foot OC facility
Midday Stock Roundup
Inari rises, MeridianLink down
Lift as You Climb: Floyd Amuchie’s Motto for Helping Others
AEROSPACE: Helps Virgin Galactic aim for the stars
36-year-old Amuchie was awarded the Business Journal’s Rising Star Award as part of the CFO of the Year Awards event on Sept. 28
Verys in Santa Ana Bought by West Monroe
OC’s 18th Largest Software Co. by Workers to Expand
Verys is the first announced major deal for West Monroe as they reported allocating some $250 million last month for acquisitions
Chipmaker MaxLinear To Expand Irvine Operations
Company’s Q2 Revenue Up 215%
MaxLinear focused on expanding management and operations in its key Irvine hub as their Orange County presence continues to grow
Alteryx Acquires Cloud Platform Hyper Anna
Australian firm will boost AI capabilities
Midday Stock Roundup
Viant, Boot Barn among stocks gaining
BAI Closes Mobilitie Acquisition
Newport Beach-based firm extends Australian company’s reach
Liftoff: Terran Orbital Plans Big Boost to Irvine Hub
$300M Florida facility in works
Terran’s expansion comes as the demand for satellites grows from both government and commercial customers, and as the base of manufacturers shrinks
Tower Says New Tech A Boon For Self-Driving Cars
Collaborates on New Chip ‘Breakthrough’
New technology will speed up the introduction of self-driving cars, while also finding future applications in robots and industrial production
American Securities Buying Irvine’s Trace3
$1.4B IT firm has tripled revenue since ’17
Ownership set to change hands among out-of-town investment firms, bringing with it a hefty roster of more than 2,500 clients and annual revenue of $1.4 billion
Clean Energy Providing Fuel For Hawaii-Bound Container Ships
Two New Pasha Hawaii Vessels Will Run on LNG
New step toward more environmentally friendly container shipping by supplying natural gas to fuel new vessels that will service Hawaii from Long Beach
OC Business Execs’ Top Concern is Labor, Supply Shortages: CSUF
20% See Fed Interest Rate Rise by End of 2021
Activision Blizzard Settles Gender Bias Suit for $18M
Blizzard Entertainment Parent Reaches EEOC Agreement
Midday Stock Roundup
Netlist, Staar Down as Major Stock Indexes Fall
H.I.G. Capital Announces Sale of Trace3
Irvine firm provides IT solutions, services
Bluon Boosts Tools For HVAC Technicians
Buys XREF for Info On Replacement Parts
Bluon has taken another step in using tech to empower technicians who service heating, ventilation and air conditioning (HVAC) systems
Frost Giant in New Digs; Expects More Financing
Dreamhaven’s Morhaime Boosts Firm to 50 Workers
Frost Giant Studios is the first tenant reported to date for Innovation Office Park, the new Irvine Co. office development
West Monroe Buys Verys of Santa Ana
Will Boost Digital Product Engineering
Blizzard Entertainment Parent Cooperates with SEC
Federal officials investigating employment practices
Midday Stock Roundup
Indie Semiconductor, MeridianLink Rise
HVAC Support Firm Bluon Buys XREF
Will integrate XREF Data
Sustain SoCal Sees Bright Spots in OC Water Supplies
CEO Kitcher Cites Local Technology Use
Sustain SoCal held a webinar “Water Solutions 6” via Zoom on Aug. 26, drawing more than 100 participants, most of them from Orange County and Southern California
Off to the Races With Alteryx, McLaren F1
Data Analytics Helps Rev Up Famed F1 Racing Team
Data analytics software from Alteryx is key to a whole array of business decisions and has been used from almost everything from helping to fight COVD-19 to analyzing retail supply chains
Anduril Gets $5.2M U.K. Defense Contract
To demonstrate force protection tech
Ducommun Sees Strength In Deal With Europe’s Airbus
Aerospace Firm’s Q2 Revenue Up Almost 9% to $160M
Ducommun recently announced that it has been selected as an Airbus Detail Parts Partner and was awarded a five-year contract to provide key products for that company’s A320 and A330 planes
Family the Glue for Brazing Co. Thermal-Vac
TECHNOLOGY: Work on Mars rover, space shuttles
Family-business counts 61 employees across three locations with more than 25% of the workforce being related to one another in some way
Fullerton Media Outlets Expand to New Channels
Fiber Optic Project Among Several Notable OC Projects
Fullerton has stepped up its tech moves to get more civic information out to local residents by launching channels on Roku, Amazon Fire TV and Apple TV
OC Aerospace, Defense Companies Trim Headcount
Boeing, Panasonic Fall; Anduril Up to 400 OC Workers
Despite COVID numbers and fear of air travel, commercial airplane makers and their suppliers are expecting an industry upturn
GameChanger Helps Kids During Treatment
TECHNOLOGY: $20M raised; licencing considered
GameChanger Private Network is accessible anywhere in the participating hospitals and provides songs, games and live streaming from popular content creators
Midday Stock Roundup
Vizio rises; Alignment Healthcare drops
Rollup Company on a Roll: L Squared’s GWS Buys Again
Seeks Consolidation In Cutting Tool Sector
Investment firm L Squared Capital Partners in Newport Beach has taken another step in its consolidation of the cutting tools sector
Moving iMage in Fountain Valley Sees Movie Turnaround
Company Went Public In July; $34M Market Cap
Sales, marketing and acquisitions planned for Moving iMage Technologies as the cinema industry continues to recover from pandemic woes
Western Digital in Advanced Talks to Merge With Kioxia: WSJ
$20 Billion-Plus Deal Seen Possible
Midday Stock Roundup
Indie Semiconductor rises, Oncocyte falls
Computer Tips From UCI’s Cybersecurity Institute
Ways to Protect Your Work and Home Computer
While a return to the office will solve some notable cybersecurity problems, other issues remain
Employment at Telecommunications Firms Drops 3%
Verizon, T-Mobile Top List; Mobilitie Dips to No. 8
Employee headcount for the area’s 18 largest wireless and other telecommunications companies dropped 3% this year
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