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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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CoreStreet's new access control technology making news
CoreStreet’s Card-Connected technology creates a system of stand-alone electronic locks and physical access control systems which communicate by reading and writing digitally signed data (privileges and logs) to and from smart cards; card holders thus become an extension of the physical access network in which cards, rather than of wires, carry information to and from the standalone locks
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NRG, Toshiba to promote ABWRs
There are serious questions about the security of Boiling-Water Reactor (BWR) design and construction, questions which Advanced Boiling-Water Reactor (ABWR) design was supposed to answer; not everyone is convinced; NRG Energy, Toshiba to promote and build ABWRs in the United States
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Iberdrola Renewables to launch six wind farms off Spanish coast
Spain is generating more and more of its energy from wind — and Spanish company applies for permits to open six off-shore wind farms which, in the aggregate, will generate 3,000 MW
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Southern California utility to push solar power
Southern California Edison, largest utility in California, will place 250 MW of photovoltaic generators on 65 million square feet of roofs of Southern California commercial buildings
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Company profile: ICx Technologies
ICx Technologies has been largely built through the far-sighted and strategic acquisition of seventeen companies and the formation of two others since it was founded in 2003; the successful management of this growth has positioned the company as a technology leader in the detection and surveillance fields; 2007 was the company’s most successful year ever
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Cargill to promote food safety training in China
Cargill will partner with AQSIQ to provide Chinese government officials, academics, and business leaders with food safety training to expand their knowledge in food safety management
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Homeland security: U.K. perspective // by Terry Shear, MBE
The United Kingdom is a preferred market for security companies: It has a global financial center in the City of London, years of experience in dealing with terrorism threats to its infrastructure, and has therefore reacted and developed accordingly with sophistication and expertise in the sector
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Sequiam files for Chapter 11
Orlando biometrics company claims its lead investor reneged on as much as $3 million of the firm’s $11 million loan commitment; late last week this investor announced plans to become the lead financier for Sequiam’s rival
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Fingerprint market to reach $2.1 billion by 2013
The fingerprinting/biometrics segment will reach $940 million in 2008 and $2.1 billion by 2013; next five years will be a boon to forensic technologies
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More headlines
The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.