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|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.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.