Stock Split: Irvine-based Rainbow Technologies Inc. said...

Stock Split: Irvine-based Rainbow Technologies Inc. said Tuesday that its board of directors has approved a two-for-one split of its common shares. Shareholders will vote on the proposed split at the company’s annual meeting June 28. The proposal calls for shareholders of record on June 28 to receive one new share for every share held. Rainbow makes hardware devices for software execution control and data security for IBM and Apple personal computers.