Emulex completes merger with Vixel Data storage...
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Emulex completes merger with Vixel
Data storage company Emulex Corp. announced it has completed its
acquisition of Vixel Corporation.
Emulex offered $10 per share and merged a wholly owned subsidiary
into Vixel. Vixel shares are no longer listed on the NASDAQ exchange.
Emulex is the top provider of hot bus adapters, sophisticated
devices that help companies manage massive flows of information.
Vixel, based in Bothell, Wash., produced embedded switches, which
increase data storage by allowing more drives to be connected than is
possible with other devices.
“Emulex is now positioned to deliver to ... customers both the
[input/output] silicon traditionally produced by Emulex and the
InSpeed embedded switching solutions supplied by Vixel, including
embedded switch on a chip and root switch products that are core to
next-generation storage architectures,” said Paul Folino, the
company’s chairman and chief executive officer.
Newport Realtor sells Sacramento property
Newport Beach-based CT Realty Corp. announced the sale of Lincoln
Village Park, a business park in Sacramento, for $8.95 million after
completing some upgrades.
The business park is an 85,742-square-foot commercial property
that features six two-story buildings. The property was acquired by
CT Realty in 2001. Several office suites were reconfigured to
increase space. The property now has a 94% occupancy rate.
The property was bought by a limited partnership of various
tenants.
“Our initial investment plan for this included several strategic
improvements designed to elevate the property to a stronger market
position within Sacramento,” said John Valentine, senior vice
president of acquisitions for the company.
OCC offering a class on the Vietnam War
Orange Coast College’s history department will offer a three-unit
class during the spring semester that looks at the Vietnam War.
The class will focus on the military, diplomatic, political and
economic aspects for the control of Indochina since 1946. It will
also focus on U.S. involvement in the war.
There will be two sections of History 197, one from 11:10 a.m. to
12:35 p.m. Tuesdays and Thursdays and the other 6:30 to 9:40 p.m.
Thursdays. The fee for the course is $18 per unit.
For more information, call (714) 432-5072.
Newport library closing for renovations
The Newport Beach Central Library will be closed Dec. 15 through
19 for renovations.
The Friends Meeting Room will be repainted and re-carpeted. The
Teen Center on the second floor of the library will get new
furnishings.
The Balboa and Corona del Mar branches will remain open. On Dec.
16 and 18, the Mariner’s Branch will remain open until 9 p.m.
For more information, contact the Newport Beach Central Library at
(949) 717-3800 or visit https://www.newportbeachlibrary.org.
Eastside Costa Mesa apartment complex sold
Sperry Van Ness has completed the sale of a two-building
apartment complex in Costa Mesa.
The complex, on Costa Mesa’s Eastside, consists of one
single-family residence and five apartments.
Charlie Kennedy of Sperry Van Ness represented seller the Kamat
Family Trust. Buyers Don and Patricia Barton were represented by
Bonnie Millier of Prudential.
Newport law office takes on new partner
The law firm of Newmeyer & Dillion LLP welcomed Thomas H. Reilly,
a labor and employment lawyer, as a partner at its Newport Beach
office.
Reilly advises employers on labor and employment law.
“Our firm is very pleased to welcome Tom Reilly to the
partnership,” said Tom Newmeyer, administrative partner. “He is a
significant addition to our employment law practice.”
Newport libraries closed for holiday
The Newport Beach public libraries will be closed Nov. 27 and 28
for the Thanksgiving holiday.
All library branches will reopen Nov. 29 with regular hours, from
9 a.m. to 6 p.m.
For more information, contact the Newport Beach Central Library at
(949) 717-3800 or visit https://www.newportbeachlibrary.org.
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