Must Reads

Tektronix Communications sold to NetScout

NetScout Systems agreed to acquire the communications unit of Danaher Corp., which owns Oregon-based Tek, for $2.6 billion.

Oregon workers' comp rates among the nation's best

The state ranks ninth, with businesses paying $1.37 per $100 of payroll towards workers' compensation insurance.

Bank of America to bring female-focused entrepreneurial program to Portland

The bank and the Tory Burch Foundation are teaming up to launch the Elizabeth Street Capital program, which will provide loans to women entrepreneurs.

Indice Semiconductor raises $6M

The Lake Oswego-based company did not identify its investors.

Beaverton startup nets $1.1M from investors

Puralytics, which makes water purification systems, is in the middle of a funding round; the total equity offering is $2.3 million and remains open.

Oregon cities rush to approve local tax on pot

Ashland city administrator Dave Kanner estimates that a 10% tax on recreational marijuana could raise nearly $1 million per year.

Nike CIO makes Fortune's '40 Under 40 List'

Anthony Watson is No. 19 on Fortune's "40 Under 40 List" of business luminaries.