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

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


Read more...

Top stories in 2014

The Latest
Thursday, December 18, 2014
10-listthumb

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


Read more...

Corner Office: Sheree Arntson

January-Powerbook 2015
Saturday, December 13, 2014

Checking in with the managing director of Arnerich Massena.


Read more...

Behind the curtain: What students should know about accreditation and rankings

Contributed Blogs
Thursday, December 04, 2014
120414-edurating-thumbBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?


Read more...

The short list: 4 companies engaged in a battle of the paddles

The Latest
Thursday, December 04, 2014
pingpongthumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Nothing says startup culture like a ping pong table in the office, lounge or lobby.


Read more...

5 companies react to lower fuel prices

The Latest
Thursday, January 15, 2015
thumb-shutterstock 233787049BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Consumers love the savings they get from low oil prices, but how has business been affected?


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