Dealwatch

| Print |  Email
Articles - August 2010
Wednesday, July 21, 2010
A roundup of timely transactions, mergers and big deals.
  1. Umpqua Bank has taken over Nevada Security Bank after the FDIC seized the assets of the Reno-based bank. The FDIC and Umpqua will split losses on $368.2 million of Nevada Security Bank’s loans and other assets, and Umpqua will acquire Nevada Security’s California-based Silverado Bank. Umpqua has taken over four failing banks since 2009.
  2. As of early July, corporate raider and billionaire Carl Icahn had built his ownership stake in Hillsboro-based Mentor Graphics to nearly 12%, worth roughly $86.4 million. Icahn’s rapid investments have put Mentor on the defense — the board recently adopted a “poison pill” meant to prevent any unwanted takeover. Icahn is infamous for forcing underperforming companies to restructure.
  3. New York-based private equity group Warburg Pincus has agreed to invest up to $50 million in Portland-based Home Dialysis Plus. Home Dialysis makes a portable system that gives patients a gentler alternative to traditional, lengthy dialysis treatments. The company plans to manufacture the device in Oregon.
  4. San Jose-based Solexant has secured a $41.5 million Series C round of financing, which will fund the construction of a commercial-scale factory in Gresham. Solexant is also seeking a $25 million loan from the Oregon Department of Energy. Solexant specializes in thin-film solar technology, which competes with the silicon technology used by SolarWorld, which empoys 500 in Hillsboro.
  5. Hillsboro-based ClearEdge Power has reached a three-year $40 million agreement with LS Industrial Systems to distribute 800 hydrogen-powered fuel cells throughout Korea. ClearEdge expects to double its workforce to 300 by the end of the year. Each fuel cell can generate enough electricity to power a small business or a large residence.
JESSICA HOCH
 

More Articles

Car ignition recalls and lean product design

Contributed Blogs
Friday, April 11, 2014
04.11.14 thumb gm-gettyTOM COX | OB BLOGGER

The auto industry is starting to share more costs across manufacturers for complex and challenging design work, like new transmission design, and certain new engine technologies. What we’re not yet seeing is wholesale outsourcing of “unavoidable waste” components to specialist companies.


Read more...

Eking out a living

News
Tuesday, April 08, 2014
04.08.14 thumb ourtable-coopfarmsBY HANNAH WALLACE | OB BLOGGER

It may be obvious, but most farmers don’t make a lot of money. According to preliminary data from the 2012 Agriculture Census, 52% of America’s 2.1 million principal farm-operators don’t call farming their primary occupation. Farm cooperatives may offer a solution.


Read more...

Buy the book

News
Tuesday, March 25, 2014
2 03.25.14 thumb bookshopBY VIVIAN MCINERNY | OB BLOGGER

Oregon is home not only to many fine writers but also several accomplished small publishers.


Read more...

The 2014 List: The Top 33 Large Companies to Work, For in Oregon

March 2014
Thursday, February 27, 2014

100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


Read more...

Revolution in print, pixels and passion

News
Tuesday, March 11, 2014
RyanFrankNewsBY MARK BLAINE | OB BLOGGER

The publisher of the Emerald Media Group moves on, leaving a cutting edge media group that depends on business acumen for its survival.


Read more...

Barrister bands

March 2014
Tuesday, February 25, 2014
IMG 4691BY LINDA BAKER

An intellectual property attorney by day, 48-year-old Stoll Berne attorney Tim DeJong is a singer and guitarist by night.


Read more...

On fire

March 2014
Tuesday, February 25, 2014
BY JESSICA RIDGWAY

A self-proclaimed “chile head,” John Ford “grows, eats and does everything spicy.” 


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS