30-611: Platinum Triangle can refer to: Platinum Triangle, Anaheim, California Platinum Triangle, Los Angeles Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Platinum Triangle . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Platinum_Triangle&oldid=581575847 " Category : Disambiguation pages Hidden categories: Short description
60-744: A Heathkit for innovation that he funded the Marconi/Samueli Award for Innovation with his Marconi Award. Henry and Susan Samueli also sponsor the top prize, the $ 25,000 Samueli Foundation Prize in the Broadcom MASTERS. A major passion of Susan Samueli is in the areas of complementary and alternative medicine and integrative health and wellness. In 2001 the Samuelis established the Susan Samueli Center for Integrative Medicine at UC Irvine . They have also supported
90-692: A $ 100-million gift from the Samuelis. The gift will be used to expand the engineering school. Samueli resides with his wife Susan in Newport Beach, California . As of September 2024, Forbes estimates Samueli's net worth at $ 19.0 billion. During the technology boom in the 2000s, Samueli and Broadcom co-founder Henry T. Nicholas III awarded millions of stock options to attract and reward employees. Prosecutors alleged Samueli and Nicholas granted options to others, including some other top executives, but not themselves, to avoid having to report $ 2.2 billion in compensation costs to shareholders. In 2006 both
120-425: A main transfer point to Orange County Transportation Authority bus routes. Planners hope that the robust transportation infrastructure will prevent a severe increase in traffic congestion from the large number of new residents and commuters. Henry Samueli Henry Samueli (born September 20, 1954) is an American businessman, engineer, and philanthropist. He is a co-founder of Broadcom Corporation , owner of
150-644: A prize from the Israeli government for his global contribution to innovation and his contribution to innovation in Israel, at the "Innovex" conference for innovation in technology. Samueli was named a 2017 Fellow by the National Academy of Inventors. Election to NAI Fellow status is the highest professional accolade bestowed to academic inventors. To date, the Samuelis have committed over $ 500 million to philanthropic causes. In June 2019, UCLA announced
180-690: A shop class at Bancroft. Samueli attended UCLA , where he received his bachelor's degree (1975), master's degree (1976), and Ph.D (1980), all in the field of electrical engineering. His Ph.D. advisor was Alan N. Willson Jr. and his Ph.D. dissertation is titled "Nonperiodic forced overflow oscillations in digital filters." In 1991, while still working as a professor at UCLA, Samueli co-founded Broadcom Corporation with one of his Ph.D. students, Henry Nicholas . Each invested $ 5,000 and initially worked out of Nicholas' Redondo Beach home. They rented their first office in 1992 in Westwood, Los Angeles near
210-474: A total of 18,363 homes, 5,700,000 square feet (530,000 m ) of commercial space and 16,800,000 square feet (1,560,000 m ) of office space. As of August 2009 , three projects had been completed: the Stadium Lofts, 1818 Platinum Triangle, and Gateway apartment homes. Additionally, construction has begun on several new roads west of Angel Stadium, including Market Street, the central promenade for
240-500: Is different from Wikidata All article disambiguation pages All disambiguation pages Platinum Triangle, Anaheim, California The Platinum Triangle is a district of Anaheim, California , United States, that is undergoing transformation from a low-density commercial and industrial zone into a more urban environment with high-density housing, commercial office towers, and retail space. The 820 acres (330 ha) area undergoing this large-scale redevelopment includes
270-609: Is located east of the Anaheim Resort , a major tourist destination which encompasses the Disneyland Resort , the Anaheim Convention Center , and several dozen hotels. It is also just north of The Block at Orange , a large outdoor shopping center, and UCI Medical Center . The Triangle also contains Angel Stadium of Anaheim and The Grove of Anaheim , a popular entertainment venue adjacent to
300-820: Is on the executive committee of the NHL Board of Governors. In 2015 the Samuelis acquired ownership of the Ducks' American Hockey League affiliate, the Norfolk Admirals . They subsequently moved the franchise to San Diego as part of the AHL's western expansion that year and the team was re-branded as the fourth incarnation of the San Diego Gulls . In 2017 Forbes reported the Anaheim Ducks were worth $ 415 million. After Broadcom went public in 1998
330-773: The Anaheim Ducks of the National Hockey League (NHL), and a prominent philanthropist in the Orange County, California , community. He is chairman of Broadcom Inc . He is also a professor (on leave of absence) in the Electrical and Computer Engineering Department at UCLA, and a distinguished adjunct professor in the Electrical Engineering and Computer Science Department at UC Irvine . He holds honorary doctorate degrees from
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#1732764879961360-584: The Securities and Exchange Commission and the Department of Justice began investigating Broadcom Corporation for backdating of stock options . On May 15, 2008, Samueli resigned as chairman of the board and took a leave of absence as Chief Technology Officer after being named in a civil complaint by the SEC. On June 23, 2008, Samueli pleaded guilty for lying to SEC for $ 2.2 billion of backdating. Under
390-749: The Technion-Israel Institute of Technology and the National Chiao Tung University in Taiwan. He is a named inventor in 75 U.S. patents . He is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE) for contributions to VLSI architectures and realizations for high-bit rate digital communication systems. He is also a Fellow of the American Academy of Arts and Sciences (AAAS). He
420-507: The plea bargain , Samueli agreed to a sentence of five years probation, a $ 250,000 criminal fine, and a $ 12 million payment to the US Treasury. Prosecutors focused on the fact that Samueli denied under oath any role in making options grants to high-ranking executives. As part of his plea agreement, Samueli admitted the statement was false, and admitted to being part of the options-granting process. However, an internal Broadcom probe laid
450-542: The Broadcom MASTERS (Math, Applied Science, Technology and Engineering for Rising Stars) and the Broadcom MASTERS International, programs of Society for Science and the Public that inspire middle school students to continue math and science courses into high school in order to create pathways to STEM careers. Samueli was inspired by his own seventh grade experience of building a short wave radio from
480-756: The Platinum Triangle. City planners envision the triangle as a transit-oriented environment, encompassing the Anaheim Regional Transportation Intermodal Center , or ARTIC, which replaced the Anaheim Amtrak Station located in the Angel Stadium parking lot. ARTIC continues to serve Amtrak 's Pacific Surfliner and Metrolink trains, and will also be a terminus for the planned California High-Speed Rail system. ARTIC could be
510-593: The Samueli Foundation was created. The foundation focuses its giving in the areas of education, health, youth services, and Jewish culture and values. In 2012 the Samuelis joined the Giving Pledge , initiated by Warren Buffett and Bill and Melinda Gates, whose members pledge the majority of their wealth to philanthropy. Given Henry Samueli's background in engineering and education, some of their earliest philanthropic gifts were in these areas. In 1999
540-617: The Samuelis made major donations to the UCLA School of Engineering and Applied Science and the UC Irvine School of Engineering , both of which have since been named after him. In 2009 Henry Samueli was a founding director of the Broadcom Foundation , a 501c(3) corporate nonprofit, and he is the chair of this philanthropy that advances science, technology, engineering and math (STEM). Broadcom Foundation sponsors
570-627: The UCLA campus and moved to Irvine, CA in 1995 at which time Samueli took a leave of absence from UCLA to be at Broadcom full-time. Broadcom went public three years after that. Samueli still remains on leave from UCLA and he continues to be listed on the Electrical and Computer Engineering Department faculty roster. In 2003, the Samuelis purchased the management contract for the Arrowhead Pond of Anaheim sports and entertainment venue, creating Anaheim Arena Management, LLC, to oversee all operations of
600-421: The area, mainly industrial buildings, are gradually relocating to make way for mid-rise apartments, retail space, and several high-rise commercial buildings. In 2008, Anaheim city planners announced an expansion of the initial Platinum Triangle proposal, doubling the amount of housing units and commercial office space from the original plans. Sixteen projects were either planned or currently under construction for
630-627: The arena, and in 2005 they purchased the Mighty Ducks of Anaheim National Hockey League (NHL) club, the arena's largest tenant, from the Walt Disney Company for $ 75 million. In 2006, the Samuelis announced the team's name change to the Anaheim Ducks and the arena's name change to Honda Center . In 2007 the Anaheim Ducks became the first California team ever to win the Stanley Cup championship. As of December 2016, Samueli
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#1732764879961660-676: The cable modem. According to Bloomberg Billionaires Index , in 2024, he's the 105th richest in the world with an estimated net worth of US$ 19.6 billion. Samueli's parents, Sala and Aron, were Polish-Jewish immigrants who survived the German Nazi occupation of Europe and arrived in the United States with almost nothing. Samueli stocked shelves in his family's Los Angeles liquor store and graduated from Bancroft Junior High School and Fairfax High School . Samueli became interested in electronics while building an AM/FM radio during
690-551: The city's two major sports venues, the Honda Center and Angel Stadium of Anaheim . The district's boundaries are roughly defined by Interstate 5 , the Santa Ana River , and Cerritos Avenue. A small section to the south is part of the city of Orange , and thus is not considered part of the Platinum Triangle. The primary arterial roads through the area are State College Boulevard and Katella Avenue. The district
720-568: The district. In 2020, Henry Samueli 's Anaheim Arena Management, which operates Honda Center, announced the plans for OC Vibe, an L.A. Live -inspired complex of apartments, offices and entertainment venues surrounding the arena to be built at the cost of $ 3 billion, with its first buildings to open in 2024. Earlier that month, the Los Angeles Angels also disclosed a scheme to surround Anaheim Stadium with similar buildings. Both projects would lead to over 268 acres (108 ha) built in
750-404: The majority of blame on CEO Henry Nicholas and CFO William Ruehle. On September 8, 2008, U.S. District Court Judge Cormac Carney rejected the plea deal that called for Samueli to receive probation, writing: "The court cannot accept a plea agreement that gives the impression that justice is for sale". Sixteen months later, on December 10, 2009, Judge Carney, after hearing the testimony of all
780-627: The research of the John Wayne Cancer Institute in Santa Monica, California, in cancer prevention and treatment. In 2017, the Samuelis made a transformational $ 200 million gift to UC Irvine to create the Susan and Henry Samueli College of Health Sciences, a first-of-its-kind College of Health Sciences focused on interdisciplinary integrative health. As part of the gift, the existing Susan Samueli Center for Integrative Medicine
810-507: The stadium. Honda Center , on the other side of State Route 57 , is also within the Platinum Triangle. When redevelopment is completed, the district is expected to offer mixed-use urban living with easy access to dining, shopping, and entertainment. It is envisioned as a downtown district for Orange County , competing with the South Coast Metro area, Irvine Business Complex, and downtown Santa Ana . The current tenants of
840-460: The witnesses at the trial of CFO William Ruehle, dismissed the cases against Samueli, Ruehle, and Nicholas, citing prosecutorial misconduct (and in the case of Samueli, his testimony as well). In his ruling Judge Carney stated, The uncontroverted evidence at trial established that Dr. Samueli was a brilliant engineer and a man of incredible integrity. There was no evidence at trial to suggest that Dr. Samueli did anything wrong, let alone criminal. Yet,
870-554: Was also elected a member of the National Academy of Engineering (NAE) in 2003 for pioneering contributions to academic research and technology entrepreneurship in the broadband communications system-on-a-chip industry. In 2012 Samueli won the Marconi Prize and Fellowship for "pioneering advances in the development and commercialization of analog and mixed signal circuits for modern communication systems, in particular
900-1060: Was elevated to become the Susan Samueli Integrative Health Institute. Some of the other major naming gifts of the Samueli Foundation include the Samueli Theater at the Orange County Performing Arts Center in 2000, the Samueli Jewish Campus in Irvine, CA in 2001, the Sala and Aron Samueli Holocaust Memorial Library at Chapman University in 2003, the Samueli Academy, a public Charter High School in Santa Ana, CA for community, underserved, and foster teens in 2013. In 2015, Samueli received
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