Home Back Issues October 2010 Dealwatch: Purchases lift Intel, FLIR, Blount

Dealwatch: Purchases lift Intel, FLIR, Blount

| Print |  Email
Articles - October 2010
Tuesday, September 28, 2010
The big transactions, mergers and deals of the month.

1. Intel Corp. has made its biggest acquisition to date by purchasing security software maker McAfee Inc. for $7.68 billion. Intel has also bought Germany’s Infineon Technologies’ wireless communications unit for $1.4 billion in cash. Both moves demonstrate Intel’s effort to expand beyond the personal computer market.

2. Salem-based Sunwest Management Inc. completed a sale of 132 of their senior living facilities in a transaction valued at $1.2 billion. Sunwest has faltered in the last couple years due to the credit crisis, SEC fraud allegations and an extensive bankruptcy reorganization.

3. Lake Oswego-based Greenbrier Companies has announced $130 million worth of new railcar orders and will add 260 workers to the Gunderson railcar manufacturing facility in Northwest Portland. The company has over 1,700 new orders and 1,200 refurbishment orders.

4. Wilsonville-based FLIR Systems has acquired sensor technology company ICx for $274 million, and added a $27 million contract with the U.S. Navy for infrared tracking systems. FLIR makes thermal imaging systems and will use ICx to expand its business into sensors for defense and homeland security markets.

5. Portland-based Blount International has purchased Colorado-based SP Companies Inc., which makes log splitters, for $90 million. Blount makes chain saws and outdoor products for the forestry, garden and construction industries. Blount will use the deal to expand into the ranch and farm markets.

6. Vestas, the world’s largest wind turbine maker, will convert a vacant building in Portland’s Pearl District into its new $66 million North American headquarters. The building will accommodate up to 600 employees and host the city’s largest collection of solar panels.
JESSICA HOCH
 

More Articles

The solution to youth unemployment

News
Thursday, February 27, 2014
02.27.14 Thumbnail TeenworkBY ERIC FRUITS

Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.


Read more...

Powerlist: Meeting perspectives

March 2014
Tuesday, February 25, 2014

BY BRANDON SAWYER

A conversation about the event-planning industry with sales directors from McMenamins and the Portland Art Museum. 


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...

Why I became an educator

News
Tuesday, March 04, 2014
03.04.14 thumbnail teachBY DEBRA RINGOLD | GUEST CONTRIBUTOR

How can we strengthen the performance of institutions charged with teaching what Francis Fukuyama calls the social virtues (reciprocity, moral obligation, duty toward community, and trust) necessary for successful markets and democracy itself?


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...

Banishing oil burners reaps benefits for schools

News
Tuesday, April 01, 2014
04.02.14 thumb co2schoolsBY APRIL STREETER | OB CONTRIBUTOR

Three years ago, PPS set out to begin to convert the 1930s-era boilers from diesel/bunker fuel to cleaner-burning natural gas. Oregon’s largest school district has realized impressive carbon dioxide emissions reductions, setting an example for public and private institutions.


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