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EXECUTIVE SUMMARY
- Article from:
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Orange County Business Journal
- Article date:
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August 25, 2008
- Author:
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Copyright informationCopyright CBJ, L. P. Aug 25-Aug 31, 2008. Provided by ProQuest LLC. (Hide copyright information)
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This past week's news from www.ocbj.com and other sources
TECHNOLOGY
Irvine telecommunications gear startup Aktino Inc. raised $14 million in a third round of venture funding. The funding brings its total raised to $41 million.
A New York hedge fund has taken a sizable stake in Epicor Software Corp. with an eye toward the Irvine business software maker "exploring strategic alternatives." Elliot Associates LP disclosed in a securities and Exchange Commission filing that it had a 10% stake in Epicor, which had a recent market value of about $500 million. The hedge fund operator said it has asked Epicor's board to consider ways to boost shareholder value.
HEALTHCARE
Four local hospitals were ...