Wilsonville-based FLIR Systems announced this morning an agreement to acquire ICx Technologies for $274 million. FLIR, maker of thermal imaging and camera system products, will pay $7.55 per share for the detection and surveillance company based in Arlington, VA.
Digital brand builder Paul Barron stood in front of social media aficionados and restaurant and hospitality industry folks in Lola's Room, above the Crystal Ballroom. He surveyed the crowd that included award-winning Tweeters and social media brand developers, there to attend a talk hosted by the Social Media Club of Portland. "Media as we know it is over," Barron said.
The last time I spoke with Sid DeBoer, his two key suppliers, GM and Chrysler, had recently declared bankruptcy and his company, Lithia Motors, was recovering from its worst year ever. But he had a plan to turn things around. A year and a half later, it seems to be working.
Portland-based Cascade Web Development has launched a product that takes live video to the next level. From the offices of their 1930's railcar, Cascade Web Development recently introduced new video software called Brandlive.
Can a state agency create jobs without wasting taxpayer money? Business Oregon is trying to do exactly that with its new BOOST program. The program approved its first two grants this week, and if you measure such things by jobs promised per dollar invested, this initiative would seem to have potential.