Wednesday, March 14, 2012

FS - Slightly Tarnished Surveillance Equipment Company - Buyer's Identity Protected

French technology company Amesys is offloading its business that sells Internet-interception equipment, a move that comes six months after it became public that Moammar Gadhafi's regime had been using the technology to spy on Libyans.

Bull SA, Amesys's parent company, said Thursday it had "signed an exclusivity agreement with a view to negotiating the sale of the activities" related to its Eagle interception product. Bull declined to identify the buyer. (more)