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The chief executive and chief financial officer of Irvine networking gear maker Lantronix Inc. have stepped down over protracted tensions stemming from a board battle last year.
TECHNOLOGY: ClariPhy’s raised estimated $50M to date
ClariPhy has raised $14 million in a round of venture funding
REAL ESTATE: cabinetmaker sells out first major development
Ron Simon’s home development near Temecula has sold out
Shares of Irvine disk drive maker bucked a down day on Wall Street Thursday after an analyst offered an upbeat projection on the company’s performance for the current quarter.
Matt Ouimet, a onetime head of the Disneyland Resort in Anaheim and a former executive at Santa Ana-based Corinthian Colleges Inc., has been tapped to lead the parent company of Knott’s Berry Farm.
Irvine-based networking chipmaker ClariPhy Inc. has raised $14 million in a round of venture funding led by Europe’s Nokia Siemens Networks.
Newport Beach-based Alliance Healthcare Services Inc. is looking to borrow $590 million to pay off existing debt.
TECHNOLOGY: move part of long-running production shift
M-Flex opened two plants in China
Newport Beach-based Pacific Investment Management Co. lost more than $3.4 billion investing in Lehman Brothers Holdings Inc. debt before the investment bank failed in 2008, according to a story in Tuesday’s Wall Street Journal.
Aliso Viejo-based business software maker Quest Software Inc. has acquired a maker of software that boosts access to data stored on various computers on a network.