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|Saturday, September 01, 2007|
"It’s a very difficult environment. You’ve always had to have big ideas. Right now you have to have a very, very big idea." — JAY EISENLOHR, AMBRIC
BY CHRISTINA WILLIAMS
Yet it may be too soon to recite the epitaph for Silicon Forest. For all the well-known shortcomings, there are still strengths. It’s home to the world’s largest concentration of Intel employees, and the fact that Intel cut just over 1,000 jobs last year is good news for the startup world as top-trained talent becomes available. And even before Intel was a force, there was Tektronix, and Tektronix begat Mentor Graphics begat Planar begat InFocus begat Pixelworks and Enuclia. Silicon Forest talent runs deep.
And, with Ambric as exhibit A, the startup drive hasn’t diminished. By the end of the year Ambric, with Intel alum Howard Bubb as its CEO, will be in production on a chip that makes it easy to synchronize multiple computers. It has applications for high-end video and medical imaging, among others. Ambric has raised just south of $20 million in venture capital from OVP Venture Partners and others. Eisenlohr says the company will raise more before the year is out and will hire more engineers and programmers as it expands to other markets.
Stexar, formed by a tribe of former Intel engineers in 2005, toiled in secrecy for about a year before folding. Jonah Alben, vice president of engineering for Nvidia, says his company jumped at the chance to hire a talented team and is still adding to its 65-employee Beaverton-based design shop. “We’re finding good people to hire,” Alben says. “It’s the right thing to do. We can’t just say we are a Silicon Valley company, we have to go where the great talent is.”
One could make the argument that, despite their ultimate failure, the fact that companies like Enuclia and Stexar are able to get off the ground and hire a great team in the first place is illustrative of the region’s strength. Prusia says everyone from his team who wanted to stay in Oregon has found another job — either with employers such as Nvidia or with less established companies.
“Those who wanted a job here have found one,” Prusia says. “Depending on their desire for risk, some even went to another startup.”
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Thursday, September 10, 2015
BY KIM MOORE
Oregon is set to become a hub of a new type of wooden building design as a southern Oregon timber company becomes the first certified manufacturer of a high-tech wood product, known as cross-laminated timber, or CLT.
Thursday, September 17, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Ahead of the recreational rollout, what are dispensary owners most concerned about ?
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Thursday, August 06, 2015
Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.
Wednesday, September 30, 2015
BY LINDA BAKER | EDITOR
The media coverage about Pope Francis must have put me in a Biblical frame of mind. Because after touring the latest phase of the South Waterfront development, a mind boggling 1.5 million square feet of office and retail space that will spring up north of the aerial tram over the next few years, I couldn’t stop thinking about the massive project as a modern day creation story.
Monday, September 28, 2015
BY JACOB PALMER
Live, Work Play with the President and CEO of Tillamook County Creamery Association.
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Wage gaps and workforce shortages are threatening the quality of care and supports to Oregonians with intellectual and developmental disabilities. Who’s caring for those who care for our most vulnerable residents?
Engaging employees and customers along the way.
After first visiting as tourists, entrepreneurs relocate to Oregon and spur economic growth.
Are you planning a meeting, party, gala, fundraiser, holiday party, golf tournament, retirement party, team building or birthday? You won’t want to miss this show to get hundreds of great ideas!
Promoting from within its own ranks, PacificSource Health Plans has tapped Tony Kopki to head its commercial lines of business in Oregon, Idaho and Montana. In his new role as Vice President of Commercial Programs, Kopki will provide strategic, product and market leadership for PacificSource’s commercial programs.
Thomson brings 25 years of healthcare experience in provider relations, sales, marketing and communications.