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Tyco sells M/A-COM for $425 million
Tyco sells its radio frequency components and subsystem business to Cobham Defense Electronic Systems
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Intercell to acquire Iomai
Intercell will expand late stage product pipeline and strengthen position in vaccine market; immunostimulant vaccine patch enhances the immune response compared to injected pandemic influenza vaccines; if tests prove successful, it would have the effect of expanding limited vaccine supplies by allowing public health officials to use fewer or lower doses of the vaccine
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Intel International Science and Engineering Fair
In the past decade, Intel has invested $1 billion worldwide to improve education; today, Intel invests more than $100 million annually to promote education and technological literacy around the world
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U.S. wireless landascpe about to change
Clearwire, Sprint Nextel to form $14.55 billion wireless company which will deploy WiMAX networks across the United States; WiMAX’s speed dwarfs current wireless technologies, holding the potential of rendering cable and phone line Internet obsolete
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Partnership to produce sugarcane-based diesel
High corn prices have driven California-based biofuel specialist Amyris to join with a Brazilian company to produce sugarcane-based diesel
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Government scrapping virtual fence on Arizona-Mexico border
Boeing’s Project 28 — showcasing advanced technologies to be used in making U.S. borders more secure — was hobbled from the start by technological glitches and delays; it delivered much less than what was promised, and DHS decides to scrap it
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Business praises proposed foreign investment rules
The U.S. Treausry Department has proposed new rules to govern foreign investment in U.S. critical infrastructure assets; business and industry groups welcom new rules
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NTR invests in SES
Irish renewable energy company buys controlling interest in SES; SES is developing two of the world’s largest solar generating projects in the Imperial Valley and Mojave Desert
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Energía renovable en Aragón
Renewable energy in Spain: Iberdola Renewables, one of Spain’s largest alternative energy companies, forms a joint venture with an Aragón bank to develop clean energy installations in the Aragon region of northeastern Spain
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ADT acquires FirstService Security for $187 million
ADT, a division of Tyco, is acquiring FirstService Security, a commercial security systems integrator providing a full range of integrated security systems services
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Biometric empire building: L-1 Identity Solutions acquires Bioscrypt
Robert LaPenta’s L-1 has been steadily, methodically pursuing an acquisition campaign which would make the company an identification authentication superpower; latest acquisitions: Bioscrypt and the ID systems business of Digimarc
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IrisGuard awarded Jordanian bank contract
Cairo Amman Bank, the fastest growing retail bank in Jordan, will deploy U.K. company’s iris recognition technology in its seventy branches in the Middle East
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Cobham acquires MMI Research
Large U.K. defense contractor acquires specialist in cellular telecommunications for the law enforcement and national security markets
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The future of U.K. nuclear power
In the last five years the U.K. government has been vigorously promoting the idea of a U.K. nuclear power revival; John Hutton, Secretary of State for Business, Enterprise and Regulatory Reform explains the government’s policy
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One VC's view: "Water is the next oil"
VC hopes to capitalize on an increasingly scarce resource
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More headlines
The long view
Ransomware Attacks: Death Threats, Endangered Patients and Millions of Dollars in Damages
A ransomware attack on Change Healthcare, a company that processes 15 billion health care transactions annually and deals with 1 in 3 patient records in the United States, is continuing to cause massive disruptions nearly three weeks later. The incident, which started on February 21, has been called the “most significant cyberattack on the U.S. health care system” by the American Hospital Association. It is just the latest example of an increasing trend.
Chinese Government Hackers Targeted Critics of China, U.S. Businesses and Politicians
An indictment was unsealed Monday charging seven nationals of the People’s Republic of China (PRC) with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for their involvement in a PRC-based hacking group that spent approximately 14 years targeting U.S. and foreign critics, businesses, and political officials in furtherance of the PRC’s economic espionage and foreign intelligence objectives.
European Arms Imports Nearly Double, U.S. and French Exports Rise, and Russian Exports Fall Sharply
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France.
LNG Exports Have Had No Impact on Domestic Energy Costs: Analysis
U.S. liquified natural gas (LNG) exports have not had any sustained and significant direct impact on U.S. natural gas prices and have, in fact, spurred production and productivity gains, which contribute to downward pressure on domestic prices.