A large estate in Newport Coast with a Pelican Crest address changed hands for $42 million, making it the most expensive residential transaction of the year, to date, in Orange County. The sale of 1 Pelican Crest Drive in Newport Coast is also the fourth most expensive residential deal ever Read More
Investors became so excited about the potential of Glaukos Corp. that from late 2023 until early February, they had more than doubled the price of each share to more than $160 and an $8.8 billion market cap. “All the analyst reports were super bullish,” recalled Glaukos CFO Alex Thurman. “At Read More
QSC LLC is on a mission to generate $1 billion in revenue, a goal closer in reach than before with its $1.2 billion sale to Atlanta-based Acuity Brands Inc. completed on Jan. 1. The future of the audio, visual and control firm, founded in 1968, is what drew Jared Callister Read More
Liyuan Woo is no stranger to disruption. In fact, she thrives on working for category creators like TOCA Football. With a career that’s spanned billion-dollar fashion brands to facial-tech startups, Woo has built a reputation for steering companies through restructuring, high growth and reinvention. That experience proved invaluable when she Read More
Two months after retiring, a friend asked Tony Dabbene to temporarily fill in as a chief financial officer of IHI Power Services Corp. while the full-time CFO took a leave of absence. Dabbene agreed to take on the commitment, thinking the job would occupy his time for two, maybe three Read More
Hoag Memorial Hospital Presbyterian, the second-largest hospital in Orange County, is in the midst of a major $1.2 billion expansion in Irvine. Six new buildings are taking shape at what Hoag’s calling the Sun Family Campus, supported by the hospital’s $300 million Boldly Hoag campaign which has raised close to Read More
Google’s recent court loss may become Viant Technology’s gain. A U.S. district judge in Virginia ruled in April that Google illegally monopolized advertising tech markets. That’s good news for the future of the Irvine-based advertising software company, which has become a major player in online ads. The U.S. Department of Read More
Makani Science is one step closer to commercial launch. The Irvine medtech company last month received 510(k) clearance from the Food and Drug Administration for its wireless, wearable respiratory monitor in adults. “It shows that our device not only works as we say it does, but it shows that it’s Read More
A five-floor, 128,183-square-foot office building in Irvine is under new ownership, with San Diego-based Sentre Inc. selling its interest in 18191 Von Karman to one of its tenants. The building was sold to the transportation and logistics firm Hyundai Glovis for $22.1 million, or $172 per square foot as part Read More
As a youngster, Michael Arens would go on family vacations in Florida, where he saw the “red tides” and fish kills that would close local beaches, causing disappointment because the native of St. Louis wanted to swim in the ocean. During a high school speech class, he heard a classmate Read More
