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I O Magic Corp

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BUSINESS
April 25, 2000 | Marc Ballon
I/O Magic Corp., an Irvine maker of peripheral personal computer products, has retained investment banker NC Capital Markets to help it identify growth strategies as well as merger and acquisition candidates. Last month, the company said that IBM Credit Corp. had tentatively agreed to give I/O Magic $15 million in financing to compete more effectively.
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BUSINESS
April 25, 2000 | Marc Ballon
I/O Magic Corp., an Irvine maker of peripheral personal computer products, has retained investment banker NC Capital Markets to help it identify growth strategies as well as merger and acquisition candidates. Last month, the company said that IBM Credit Corp. had tentatively agreed to give I/O Magic $15 million in financing to compete more effectively.
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BUSINESS
February 25, 1997
I/O Magic Corp., a manufacturer of multimedia computer products, said it has a tentative agreement to acquire Eiger Labs Inc. Terms of the agreement were not disclosed. Eiger, based in Sunnyvale, produces portable PC card multimedia and communications products. The combined companies will be based in Irvine, I/O Magic said.
BUSINESS
February 8, 2000
I/OMagic Corp., Irvine developer and marketer of peripheral personal computer products, posted a profit of $972,563, or 3 cents a share, for the fourth quarter, contrasted with a net loss of $327,358, or 2 cents a share, for the same period in 1998. Sales rose to a record $19.4 million from $5.3 million.
BUSINESS
August 23, 1996
I/O Magic Corp., a developer of multimedia and communications products, narrowed its losses in the second quarter on record revenue. The company posted a net loss of $24,100, compared with a net loss of $127,800 a year ago. Revenue rose to $1.2 million from $117,800. For the first half, the company lost $220,200, compared with a loss of $245,600 for the same period in 1995. Revenue rose to $1.4 million from $182,500.
BUSINESS
April 23, 1999
I/OMagic Corp.: The Irvine developer and marketer of peripheral personal computer products posted a profit of $93,607 for the first quarter, contrasted with a loss of $34,640 for the same period in 1998. Sales rose to a record $6 million from $2.5 million.
BUSINESS
August 29, 1996
I/OMagic Corp. said an original equipment manufacturer has agreed to purchase about 200,000 internal telephonic modem cards in a deal worth about $6.7 million. I/O did not disclose the name of the company. I/OMagic said the cards are designed to allow data and voice transmissions over a single line. I/OMagic develops and markets PC card and desktop card multimedia and communications products.
BUSINESS
February 8, 2000
I/OMagic Corp., Irvine developer and marketer of peripheral personal computer products, posted a profit of $972,563, or 3 cents a share, for the fourth quarter, contrasted with a net loss of $327,358, or 2 cents a share, for the same period in 1998. Sales rose to a record $19.4 million from $5.3 million.
BUSINESS
June 10, 1998 | Dow Jones
I/OMagic Corp. said Tuesday it has hired Meridian Capital Group Inc., a Newport Beach investment banking firm, to develop a strategy for the company to meet requirements to be listed on the Nasdaq SmallCap market. The stock currently trades over the counter. Financial terms weren't disclosed. Irvine-based I/OMagic develops and makes multimedia and communication peripheral products.
BUSINESS
October 21, 1996
* Lynn Martineau has been appointed president of the West Coast division of Home Depot, based in Fullerton. He succeeds Harry Pierce, who is taking a temporary leave of absence. Pierce will join the Atlanta Store Support Center management team when he returns from his leave. Martineau was formerly vice president of merchandising for the company's Southeast division. In addition, Bruce Merino was named vice president of merchandising for the Pacific South region.
BUSINESS
April 23, 1999
I/OMagic Corp.: The Irvine developer and marketer of peripheral personal computer products posted a profit of $93,607 for the first quarter, contrasted with a loss of $34,640 for the same period in 1998. Sales rose to a record $6 million from $2.5 million.
BUSINESS
June 10, 1998 | Dow Jones
I/OMagic Corp. said Tuesday it has hired Meridian Capital Group Inc., a Newport Beach investment banking firm, to develop a strategy for the company to meet requirements to be listed on the Nasdaq SmallCap market. The stock currently trades over the counter. Financial terms weren't disclosed. Irvine-based I/OMagic develops and makes multimedia and communication peripheral products.
BUSINESS
February 25, 1997
I/O Magic Corp., a manufacturer of multimedia computer products, said it has a tentative agreement to acquire Eiger Labs Inc. Terms of the agreement were not disclosed. Eiger, based in Sunnyvale, produces portable PC card multimedia and communications products. The combined companies will be based in Irvine, I/O Magic said.
BUSINESS
August 29, 1996
I/OMagic Corp. said an original equipment manufacturer has agreed to purchase about 200,000 internal telephonic modem cards in a deal worth about $6.7 million. I/O did not disclose the name of the company. I/OMagic said the cards are designed to allow data and voice transmissions over a single line. I/OMagic develops and markets PC card and desktop card multimedia and communications products.
BUSINESS
August 23, 1996
I/O Magic Corp., a developer of multimedia and communications products, narrowed its losses in the second quarter on record revenue. The company posted a net loss of $24,100, compared with a net loss of $127,800 a year ago. Revenue rose to $1.2 million from $117,800. For the first half, the company lost $220,200, compared with a loss of $245,600 for the same period in 1995. Revenue rose to $1.4 million from $182,500.
CALIFORNIA | LOCAL
October 14, 1999
The Times publishes a daily list of police incident reports provided by local law enforcement agencies. The Times prints items as soon as departments make them available. Because many departments release incident reports only weekly, not every community will be represented in each day's Action Log. Authorities from the following cities released incident reports Wednesday: BREA * West Central Avenue: A grand theft was reported in the 300 block at 2:20 p.m. Monday.
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