Checkpoint Aborts: Neocons Win
Author: Dave Lewis
In a move that can only been seen as the Bush administration getting back at Checkpoint for refusing to open it’s source code. The Israeli based company has dropped it’s attempt to purchase Sourcefire Inc. This on the heels of a very rare investigation by the Committee on Foreign Investments. If you recall this is the same committee that rubber stamped the sale of US port security to a company from the United Arab Emirates.
The U.S. committee has concluded only 25 full-blown investigations in more than 1,600 business transactions it has reviewed since 1988. In roughly half the investigations, companies pulled out of the deal rather than face imminent rejection.
[...] announcement heralds the “what-could-have-been” for the failed Sourcefire purchase. I firmly believe that the blocking of this purchase by the Committee on Foreign Investments was [...]