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Source: Adaptec Shutting Down Lake Forest Site

socalTECH

Storage hardware developer Adaptec is shutting down its Lake Forest, Orange County site, according to sources close to the company. Adaptec moved into Lake Forest in August of 2008, when it acquired Aristos Logic , a developer of RAID chips and technology.

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Quality Systems Cuts 150 In Restructuring Move

socalTECH

Irvine-based Quality Systems , a developer of healthcare information systems, says it is cutting 150 employees, or approximately six percent of its staff, as part of a broad restructuring of thee company.

Platform 100
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Irvine Sensors Chops Staff

socalTECH

Costa Mesa-based Irvine Sensors , a developer of electro-optical cameras, image processors, and other semiconductor products, said Wednesday that it has cut approximately 19 percent of its workforce. The firm said the move is expected to save the firm around $1.4M in annual expense reductions.

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