• BiotechnologyFUJIFILM completes acquisition of Kalon Biotherapeutics

    Morrisville, North Carolina-based FUJIFILM Diosynth Biotechnologies U.S.A. Inc. (FDBU), a FUJIFILM Corporation subsidiary, has completed its acquisition of College Station, Texas-based Kalon Biotherapeutics LLC. The two companies say this is another step toward making the Texas biosciences industry into a center for development and manufacturing of biopharmaceuticals and biotechnology. Kalon is a biopharmaceutical contract manufacturing organization (CMO) with advanced technologies and facilities, developing and manufacturing medical countermeasures to protect public health in emergencies, including incidents of bioterrorism or an outbreak of pandemic influenza.

  • BusinessTeleCommunication Systems acquires next-generation 9-1-1 technology specialist microDATA GIS

    The Federal Communications Commission (FCC) predicts that state and local governments will spend up to $1.2 billion over the next ten years for NG9-1-1 upgrades, with an additional $1.5 billion spent on recurring connectivity, hosting, and operations and maintenance; TeleCommunication Systems acquires microDATA GIS, a next-generation 9-1-1 technology specialist

  • Google acquires facial biometric company

    Following Facebook’s decision to implement biometric facial recognition software, Google has acquired a company to boost its facial recognition capabilities; the search giant recently purchasd Pittsburgh Pattern Recognition (PittPatt), which develops technology that can search images and videos for a specific face

  • BiometricsSafran completes L-1 acquisition, becomes world’s biometric leader

    In the latest series of purchases by traditional defense firms seeking to diversify their portfolios, French defense company Safran recently completed its $1 billion acquisition of biometric solution provider L-1 Identity Solutions making it the world’s market leader in biometrics

  • Data security Imation acquires MXI Security

    The cost of data breaches continues to rise annually, with the average organizational cost of a breach reaching $7.2 million in 2010; by 2014, the market for secure data solutions — protecting against data loss, theft, or breach — specifically designed to address secure portable storage, digital identity, and secure portable computing is expected to reach more than $4.5 billion; Imation, a major player in the field of secure data, further strengthens its offerings by acquiring the assets of MXI Security; the move is a continuation of Imation’s strategy of investing in key technology platforms to meet customers’ needs

  • Morpho Detection purchases Syagen Technology

    Morpho Detection recently inked a deal to purchase Syagen Technology, Inc., a firm that specializes in chemical analysis instruments; Syagen’s technology and existing contracts will help bolster Morpho’s position as the industry leader in explosives and narcotics detection; Syagen’s detectors are currently used by airports across the United States to screen passengers and air cargo for explosives; the purchase is still pending approval from the federal government as well as Syagen shareholders

  • British company purchases American IED detection firm for $90M

    Last week the British defense firm Chemring finalized a deal to purchase Detection Systems, a subsidiary of General Dynamics, for $90 million; North Carolina based Detection Systems specializes in improvised explosive devices (IED) sensor systems; Detection Systems currently supplies the U.S. military with vehicle mounted IED detectors; the acquisition helps to enhance Chemring’s existing IED detection capabilities and provides growth opportunities for its chemical and biological detection programs; the purchase will not be finalized until the U.S. government reviews the proposal

  • CybersecuritySourcefire expands westward

    Maryland-based Sourcefire acquires Palo Alto-based Immunet for $21 million, expanding the company’s cybersecurity services; the acquisition will allow Sourcefire to accelerate its cloud-based initiative and provide a platform to expand its security services

  • Voice biometrics company Persay sold for $6.7 million

    Persay, which was spun off from Comverse Technology Inc. subsidiary Verint Systems Inc. in 2000, raised $10.4 million in four financing rounds; the sale price is lower than the amount invested in the company

  • ManTech to buy MTCSC Inc.

    Acquisition strengthens ManTech’s C4ISR systems integration and cyber capabilities, and access to new U.S. Marine Corps intelligence customers

  • The time for cybersecurity contracting is now

    It is not just a fad: cybersecurity represented the largest request for funds in last year’s intelligence budget; it is an area for expansion government contractors cannot afford to pass up

  • TrendBiometrics M&A activity reaches new heights

    The value of transactions in the security sector during September was the highest ever recorded for a single month during the last three years; in the biometrics sector, the noteworthy deals include the sale of L-1 Identity Solutions to Safran; BAE’s acquisition of L-1’s intelligence services group; Safran’s acquisition of Motorola’s Biometric Division and purchase of an 81 percent share in GE Homeland Protection; and 3M’s acquisition of Cogent

  • Aviation security / biometricsSix years later, U.S. pilot's licenses still not secure

    In 2004 Congress told the Federal Aviation Administration (FAA) to come up with a pilot’s license that included the pilot’s photo and could contain biometric information like fingerprints or iris scans; critics charge that today, the only pilots pictured on FAA licenses are flight pioneers Wilbur and Orville Wright, and the licenses lack biometric data

  • Cogent, 3M clears legal hurdle

    3M Co. has cleared a major hurdle in its $943 million bid to acquire Pasadena, California-based biometrics firm Cogent, Inc.; a Delaware Chancery Court denied a Cogent shareholder’s motion to block the proposed acquisition of Cogent by 3M, citing the plaintiff’s inability to show reasonable probability of success on the merits of any of the claims

  • Large defense companies acquire pure-play homeland security players

    Daniel Meron of RBC Capital Markets: “In homeland security you are just as strong as your weakest link—- So having the best biometric system, having the best video system, the best motion detection system is not enough; this is not what’s going to cut it”