Hillsboro-based TriQuint Semiconductor talked with two potential suitors before agreeing to merge with rival RF Micro Devices.
The New Jersey-based company offered its shares to the public, raising net proceeds of $12.5 million.
Oregon InC will be taking proposals for ideas that will help build new and emerging industries in the state.
The company took over the project at a Central Oregon site near Apple's new data center.
Forbes magazine named Oak Grove as one of the 25 best retirement suburbs in 2014.