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

100 Best: The Power of the Worker

March 2015
Wednesday, February 25, 2015
BY KIM MOORE | OB RESEARCH EDITOR
AND AMY MILSHTEIN | OB CONTRIBUTOR

Technology is empowering people like never before and transforming how employees interact in the workplace. How can companies attract and keep staff engaged in this rapidly changing world?


Read more...

Cache and Curry

March 2015
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Power Lunch at Swagat in Hillsboro.


Read more...

MBA Perspective

February 2015
Tuesday, January 27, 2015
BY KIM MOORE

Robin Anderson, dean of the Pamplin School of Business, University of Portland: "You need people who are comfortable leading in ambiguity."


Read more...

Nuclear fingerprints

March 2015
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR

At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.


Read more...

Green Rush: Cashing in on legal marijuana

March 2015
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR

Marijuana is big business in Oregon, and it’s about to get bigger.


Read more...

Live, Work, Play: Amen Teter

February 2015
Tuesday, January 27, 2015
BY JACOB PALMER

Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.


Read more...

Chronicling Gov. Kitzhaber's march to resignation

The Latest
Wednesday, February 11, 2015
021115-kitzhaber-jekaplan14-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Recapping a wild week featuring plenty of will he or won't he resign drama.


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