“I think the price was right for him,” Beder said. Jannard has a 64% stake in Oakley, which is worth about $1.3 billion in the buyout. The deal, expected to close in the second half of the year, was ...

Irvine-based Red Digital Cinema Camera Co. is now making Hydrogen One, a smartphone that “seamlessly switches between traditional 2D content, holographic multi-view content, 3D content and interactive ...

July 11 -- Technical innovation lies at the heart of Oakley’s success, and has since 1975, when CEO Jim Jannard, then a motocross rider, invented a new kind of motorcycle handlebar grip. In 1980 ...

In a historic deal, Oakley founder James Jannard has sold his Malibu mansion for $210 million. It’s the priciest home sale in California history. The blockbuster sale, which The Times is ...

The guy who founded that — Jim Jannard — became a billionaire after selling a lot of sunnies, then went on to found RED digital cinema, one of the first major digital cinema camera brands.

Selling a massive Malibu, California, mansion and its 9.5-acre property in a private transaction brought Oakley founder James Jannard $210 million, the Los Angeles Times reported.

According to Jim Jannard, Red Digital Cinema CEO, the $17,500 device will begin distribution on August 31st, 2007 and a second delivery should be received by September 7th.