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BUSINESS
February 9, 2006 | From Bloomberg News
IBM Corp. agreed to buy closely held Viacore Inc. of Irvine to add products that help customers manage inventories and production. Founded in 1999, Viacore sells software and services to customers including Cisco Systems Inc. and Qualcomm Inc. Viacore is the latest in a series of acquisitions made by Armonk, N.Y.-based IBM over the last four years to expand sales of computer services that help companies with forecasting, production and parts delivery. Terms of the deal weren't disclosed.
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BUSINESS
June 19, 2001 | Reuters
Viacore Inc., a provider of Internet infrastructure products to speed up business-to-business E-commerce, said Monday it has received $43 million in additional funding from some of the biggest companies in high-tech. Sources of financing for the 2-year-old Irvine company included Cisco Systems Inc., Dell Computer Corp., Hewlett-Packard Co. and the venture capital unit of chip-making giant Intel Corp., Viacore said.
BUSINESS
January 25, 2000 | ROBIN FIELDS, TIMES STAFF WRITER
Ingram Micro Inc. in Santa Ana, the world's largest computer products distributor, said Monday it has invested in a start-up company designed to act as a business-to-business Internet marketplace. The new enterprise, Viacore Inc., will use a universal digital language created by RosettaNet, a consortium of technology-industry leaders, to process sales more cost-efficiently, Ingram Chief Executive Jerre Stead said.
BUSINESS
February 18, 2000 | ROBIN FIELDS, TIMES STAFF WRITER
Ingram Micro Inc., the world's largest computer-products distributor, posted fourth-quarter profits that more than doubled Wall Street's expectations--but its operating results were another story. The Santa Ana company reported earnings of $75 million, or 51 cents a share, buoyed mostly by its sale of $125 million of stock in Japanese investment giant Softbank Inc. On an operating basis, however, Ingram lost $36.
BUSINESS
April 30, 2000
Mark Korando has been named director of site acquisition for Habitat for Humanity of Orange County. Korando will be responsible for negotiating agreements to provide funding for land purchases on which the group will build affordable homes for low-income families. Korando has spent the last 21 years in the building industry, most recently as senior building and grading inspector for Irvine's building department. * Brian Ahern has been appointed president of Simulation Sciences Inc.
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