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 »
search.lt presents newest links
more »
Croatia is among the European leaders in the implementation of mobile payments, according to a recent global study of the sector by Arthur D Little, the world’s first management consulting firm
more »
It is now possible to search Russia for offers or bids to sell or buy businesses via the Internet, by means of a special search engine called "Investor Searcher"
more »
Linux creator Linus Torvalds had a few things to say this week about the way potential security issues are disclosed to fellow open sourcers
more »
NUMBER OF INTERNET USERS REACHES 675,000, MOBILE USERS 544,100
more »
British Airways has launched a new Internet site, making it easier and quicker for customers to find what they need at the click of a button
more »
The Internet has been around for much longer than most people think, with its roots able to be traced back to the 1960s. Clear goals have driven some, whilst others have become household names almost by accident. Find fascinating facts on a phenomenon that has changed communication to an extent which was previously totally unimaginable.
more »
Hewlett-Packard and Intel designed the Itanium chip together, but HP is handing the project over
more »
Internet Will be Provided to 300 Remote Villages of Lithuania
more »
The European Commission is to warn eight European Union member states to bring their regulatory regimes for electronic communications into line with common standards or face legal action in the Court of Justice
more »