The industrialized and heavily commercial municipality is occupied by several facilities, which include the headquarters of SIC and TVI (two private Portuguese television networks), many large multinational and technology companies, including Nestlé, McDonald's, BP, General Electric, Cisco, Synopsys, P&G, HP, Dell, Epson, Samsung, LG, Unit4, Philips, Intel, Colgate-Palmoline, Johnson&Johnson, L'Oréal, Oracle, Atlas Copco, ABB, Daikin Airconditioning, Nike, Nissan, PepsiCo, Pfizer, Grundfos, Merck & Co, Netjets, Synopsys, Miele, Unisys, BMW, Toshiba, Canon, GlaxoSmithKline, Volvo Cars, and FCA (Fiat Chrysler Automobiles). The headquarters of NetJets Europe, Omni Aviation and its Portuguese subsidiary airline White Airways are also located in the area. The first Portuguese semiconductor company Chipidea was established in Oeiras until being acquired by MIPS Technologies for $147 million.