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Radisys shareholders approve sale to Reliance Industries
Shareholders of Hillsboro-based Radisys Corp. approved the company’s proposal to sell itself to Indian conglomerate Reliance Industries Ltd. The vote was 97 percent in favor of the deal. On July 2, the telecommunications technology maker announced it had agreed to sell to Reliance for $1.72 per share or roughly $67 million. The deal would make Radisys a part of Reliance Industries, the parent company of Reliance Jio, which is one of Radisys’ largest customers. The deal must still go through…
Macrina Bakery opens in former Capitol Hill Tully’s Coffee after vying for the space for years (Photos)
This is the fifth bakery and cafe for Macrina, but CEO Scott France says he gets emails every week for more.
Linfield’s expanding wine program heads to Europe
Linfield College’s growing wine studies program will soon give students the opportunity to earn both bachelor’s and master’s degrees in five years — the final two spent overseas. It’s the latest move in the McMinnville college’s effort to build a wine education program that departs from traditional viticulture and enology programs, with an interdisciplinary approach that includes a core liberal arts curriculum. The goal is to prepare graduates to take on a wide range of executive and managerial…
Oracle President Thomas Kurian tells employees he’s taking ‘extended’ time off
Oracle Corp. President Thomas Kurian, the executive who heads up the company’s software engineering operations, is stepping away from the business for an unspecified period of time. Kurian told employees in an email that he was taking “extended time off from Oracle,” while thanking them for assisting in the company’s transition to cloud adoption, CNBC reported Thursday. “He’s taking some time off. We expect him to return soon,” a spokeswoman told CNBC. Kurian didn’t explain why he was stepping…
With no Angel Oregon this year, OEN rolls out a new event
Oregon Entrepreneurs Network is throwing a Food and Beverage Showcase next month designed as a replacement for its signature event Angel Oregon, which was put on hiatus this year. The showcase will run similar to Angel Oregon and feature startups pitching their companies. The audience will include investors, potential partners and retailers. It will not, like in previous years, hand out a capital investment. Instead, companies will vie for prize packages that include shelf space at the retailer…
Lawyer calls for CEO’s release; prosecutors say he planned to flee
A new court filing details how investigators planned to arrest CEO Pradyumna Kumar Samal after he left the country, but his attorney said there’s more to the story.
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