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1Vote!

GE and SAFRAN expanding aerospace collaboration

The leaders of GE Aviation and France’s SAFRAN met Friday in Evendale to review their 34-year-old, highly successful collaboration in CFM International, a 50-50 joint venture that they extended earlier this summer until 2040.

1Vote!

ULIS to supply French army uncooled thermal sensors

VEUREY-VOROIZE, France, 9 Aug. 2008. ULIS, an infrared vision specialist making uncooled thermal sensors for military applications, has signed a five-year contract with Sagem Défense Sécurité (Groupe SAFRAN) as a primary source of supply for major weapon sights, handheld equipment, and military programs for cameras, including the French army's Future Infantry Soldier System (FELIN).

2Vote!

Safran sells Sagem Mobiles to a VC firm; The handset maker becomes Sagem Wireless

France’s industrial conglomerate Safran recently announced that it is selling its loss-making mobile handset business, Sagem Mobiles, to French venture capital firm Sofinnova. The disposal would cost Safran 220 million EUR, but it would retain a 10% stake in the new company, which will be known as Sagem Wireless. Apparently, Safran — which was formed in [...]

1Vote!

UPDATE 2-Safran H1 falls, to sell mobiles unit, shrs fall

PARIS, July 31 (Reuters) - French conglomerate Safran said it would sell its loss-making mobile phones business to venture capital firm Sofinnova as it announced a fall in first-half profit and an outlook which sent the stock sharply lower.

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Safran to sell mobile phones unit-report

PARIS, July 30 (Reuters) - French industrial conglomerate Safran SA is to sell its loss-making mobile telephone unit to investment fund Sofinova, business daily Les Echos reported on Wednesday.

1Vote!

ThreatsWatch.Org - RapidRecon: If France Owned Our Drivers Licenses

A few weeks ago it was reported here that Digimarc had sold its Identity Systems business to L1 (formerly Viisage) for $263 million (cash and stock). Soon after that deal was announced and received tentative approval however, French defense electronics maker Safran had submitted a rival, unsolicited bid for Digimarc, raising the ante to $300 million (all cash). The fact that Safran is owned partially...

+Vote!

A Security Concern Over ID Card Deal

L-1 Identity Solutions, which is battling for control of Digimarc, is raising questions about whether rival bidder Safran would be prevented from buying Digimarc by United States authorities because the French government owns a 30 percent interest in the company. Go to Article from The Financial Times »

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ID card bid raises US security concern

A leading US maker of identification cards has raised national security concerns after French defence electronics maker Safran submitted a rival, unsolicited bid for...

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French takeover bid raises US concerns

A leading US maker of identification cards has raised national security concerns after the French defence electronics maker Safran submitted a rival, unsolicited bid for Digimarc

+Vote!

Digimarc up after company gets higher buyout offer

Shares of Digimarc Corp. jumped Monday after the digital security company received a $300 million takeover bid from French conglomerate Safran SA, above an existing buyout offer from another company.

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Safran makes $300 unsolicited bid for Digimarc

LONDON (MarketWatch) -- French aerospace and telecoms firm Safran on Monday said it's made a $300 million unsolicited cash offer for Digimarc , a U.S.-based supplier of secure identity and media management solutions, following the spin-off of Digimarc's digital watermarking business. Digimarc said its board of directors would carefully evaluate the acquisition proposal and will open its books to Safran....

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[jobs_domain] Have you Applied For ISRO, Safran Aerospace India, RRB & Cochin Shipyard - Apply Now

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Telecoms weigh on flat Safran Q1 sales

PARIS (Reuters) - French conglomerate Safran on Friday reported flat sales for the first quarter, weighed once again by plunging communications revenues, but sought to reassure investors over its exposure to the dollar.