News

Keep up with the latest developments at the
Irvine Chamber

economic development newsletter

 
Allergan acquires Irvine-based Chase Pharmaceuticals for $125M

Thursday, December 01, 2016

(Source: Orange County Register)  Allergan has acquired Irvine-based Chase Pharmaceuticals for $125 million, the company announced last week. Chase is a clinical stage company focusing on drugs to combat Alzheimer’s...
Edwards in $340M Mitral Device Deal

Thursday, December 01, 2016

(Source: Orange County Business Journal)   Edwards Lifesciences Corp. in Irvine will buy Valtech Cardio Ltd in Or Yehuda, Israel, for $340 million in cash and...
Test Market Opportunity in Hong Kong

Thursday, December 01, 2016

California Corner at Yue Hwa HKG Test Market Program California STEP (State Trade Expansion Program), in cooperation with the U.S. Commercial Service and the Yue Hwa Chinese...
Manufacturing can be a pathway to economic development

Friday, October 14, 2016

Manufacturing — Solano County’s answer to economic growth and job development. Such was the implication at Wednesday’s breakfast gathering of the Solano Economic Development Corporation for...
Wound Device Maker gets $5M

Friday, October 14, 2016

Harbor MedTech Inc. in Irvine raised $5 million in equity funding from three investors as part of an unfinished $8.5 million effort, a regulatory filing...
Consultancy Names Interim CEO

Friday, October 14, 2016

Irvine-based Resources Connection, Inc. named Kate Duchene interim chief executive after the unexpected retirement of Tony Cherbak due to health issues. The company released the...
Irvine Lender’s First Marketing Head

Friday, October 14, 2016

Quick Bridge Funding in Irvine named Lisa Reickerd its first marketing director. Quick Bridge provides short-term loans of up to $200,000 to small and midsized businesses. Reickerd...
First Foundation Buys Branches

Friday, October 14, 2016

Irvine-based First Foundation Inc. has agreed to acquire two Pacific Western Bank branches, located in Laguna Hills and Seal Beach. No loans will transfer to First...
119 OC Firms Make Inc. 5000

Friday, August 26, 2016

(Source: Orange County Business Journal) Orange County placed 119 companies on the Inc. 5000 ranking of the fastest-growing U.S. private companies. A dozen of the firms made...
Irvine-based Lantronix Narrows Loss

Wednesday, August 24, 2016

(Source: Orange County Business Journal)  Irvine-based Lantronix Inc. reported lower net losses in its most recent quarter and year; shares rose 15% after-hours Tuesday but declined...
OCTANe’s Accelerator Program Shows its Chops

Monday, August 22, 2016

(Source: MedCity News) Startups have a burning need to raise money; investors want the best possible returns. The trick is connecting these two groups. In Orange...
OCTANe in Med Device Pact

Friday, August 05, 2016

(Source: Orange County Business Journal) Aliso Viejo-based OCTANe and the Boston-based Massachusetts Medical Device Industry Council will work together to build awareness of emerging med-tech companies...
Venture Captial Investments Rebound in Q2

Thursday, August 04, 2016

(Source: Orange County Business Journal) Venture capital investors plunked down more than $229 million for Orange County high-tech companies in the second quarter, according to a...
Irvine Gets Google Fiber

Tuesday, August 02, 2016

(Orange County Business Journal) Irvine will become the latest U.S. city to feature Google Inc.’s new super-speedy Internet service for businesses and residents—with a caveat: The...
Vizio in $2 Billion Deal

Wednesday, July 27, 2016

(Orange County Business Journal) Irvine-based Vizio Inc. has been acquired for $2 billion by LeEco, a conglomerate based in China. The transaction, expected to close in the...
Edwards Beats Expectations for Q2

Wednesday, July 27, 2016

(Orange County Business Journal) Irvine-based Edwards Lifesciences Corp. surpassed analysts' expectations on second-quarter revenue and profit and hiked its 2016 forecast in a report issued after...
BREXIT: What's It Mean?

Monday, June 27, 2016

By Linda DiMario, Vice President, Irvine Chamber Economic Development & Toursim In an effort to help our businesses understand, manage and mitigate the ripple effects of...
California Economy Third Best In U.S.

Tuesday, June 21, 2016

(California Association for Local Economic Development: Excerpted from Boston Business Journal) California’s economy is the third-best in the country, according to a new report from personal...