The FBI is raising national security concerns about a Japanese telecommunications giant's planned acquisition of a U.S. Internet company.
Published:
7 July 2000 y., Friday
The FBI is raising national security concerns about a Japanese telecommunications giant's planned acquisition of a U.S. Internet company, as the agency seeks to maintain its ability to track criminals and terrorists in the digital age.
According to sources familiar with its action, the FBI has intervened in the announced $5.5 billion acquisition of Englewood, Colo.-based Verio Inc. by NTT Communications, a subsidiary of Nippon Telegraph and Telephone Corp., which in turn is more than half-owned by the Japanese government.Verio is a major provider of Internet services to corporations. NTT Communications provides telecommunications services in more than 200 countries.
On June 30, NTT Communications announced that it had received notice from the Committee on Foreign Investment in the United States (CFIUS), an interagency committee chaired by the Treasury secretary that examines foreign investment deals.
"NTT Communications believes that the proposed transaction does not raise national security concerns," the company said in a statement.
Neither the FBI nor the Treasury Department would comment on the matter, nor would spokesmen officially acknowledge that an investigation had been launched. Share prices of Verio dropped $1.62 1/2 yesterday, closing at $54.25.
Šaltinis:
Washington Post
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
According to the council's report, ATM-skimming fraud, which involves illicitly copying ATM card information stored on magnetic stripes, is increasing in Europe.
more »
Building on the success of the recent HP TouchSmart PC for the home, HP today introduced the market’s first all-in-one, touch-enabled desktop PC for businesses.
more »
Microsoft Corp. Chief Executive Officer Steve Ballmer announced the beta availability of the Windows 7 operating system as well as the availability of the latest version of the Windows Live, a suite of personal communications services and applications.
more »
Cash-cycle management, branch optimization, sales/marketing consultation and automation, automated checkout and managed services are expected highlights for January's Wincor World 2009.
more »
We all need to better understand the media we are touched by daily, especially the young, says Austrian Socialist Christa Prets. MEPs backed her report on “media literacy in a digital world” on Tuesday.
more »
Since October, readers of the European Parliament's web pages have had access to RSS, which allows them to keep up-to-date with what is going on via a free subscription.
more »
Fox and Motorola collaboration results in first all-HD programming distribution strategy.
more »
Wincor Nixdorf has won a contract to integrate its cash management solution, consisting of staff-assisted self-service terminals, software and comprehensive services, in the checkout zones and IT operations of Shell Deutschland’s 1,300 service stations.
more »
The role that the internet can play in parliamentary democracy was explored this week when 400 people gathered in Brussels for the annual “e-Parliament conference”.
more »
The EU’s new digital library brings vast treasure trove of historical documents, rare and valuable manuscripts and exquisite cultural artefacts to your desk.
more »