From left, Doug Holte of Irvine Co., Rory Moore of CommNexus, City Councilwoman Sherri Lightner, and Walter Davis, a retired Navy vice admiral and member of CommNexus’ board of directors, cut the ribbon at the EvoNexus technology incubator in the University Towne Center area.

From left, Doug Holte of Irvine Co., Rory Moore of CommNexus, City Councilwoman Sherri Lightner, and Walter Davis, a retired Navy vice admiral and member of CommNexus’ board of directors, cut the ribbon at the EvoNexus technology incubator in the University Towne Center area.

IO Semiconductor is getting ready to leave the nest, also known as EvoNexus, a technology incubator now operating in the University Towne Center area that had a big financial impact in getting the fledgling company off the ground...

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