News and Document archive source
copyrighted material disclaimer at bottom of page

NewsMinewar-on-terrorisraeldissent — Viewing Item


Bush administration objects to israeli purchase { March 23 2006 }

Original Source Link: (May no longer be active)
   http://seattlepi.nwsource.com/national/1155AP_Software_Sale.html

http://seattlepi.nwsource.com/national/1155AP_Software_Sale.html

Thursday, March 23, 2006 Last updated 6:38 p.m. PT
Israeli software firm drops U.S. deal

By TED BRIDIS
ASSOCIATED PRESS WRITER

WASHINGTON -- A leading Israeli software company abandoned its plans Thursday to buy a smaller U.S. rival in a $225 million deal because of national security objections by the Bush administration.

Check Point Software Technologies Ltd. in Ramat Gan, Israel, formally withdrew its proposal near the conclusion of a rare, full-blown investigation by a U.S. review panel over the company's plans to buy a smaller rival, Sourcefire Inc.

Check Point had been told U.S. officials feared the transaction could endanger some of government's most sensitive computer systems.

Lawyers for Check Point offered to attach conditions to the sale that executives believed were onerous but were intended to satisfy the concerns expressed by the review panel, the Committee on Foreign Investments in the United States, said one person familiar with the process. But no agreement could be reached.

The Treasury Department, which oversees the committee, formally accepted Check Point's request to withdraw from the review process. This ensures the panel will not be required to submit recommendations to President Bush whether to block the deal.

The 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.

George H.W. Bush is the only president ever to block a deal, stopping the sale of a Seattle aircraft parts manufacturer to China in February 1990.

The objections by the FBI and Pentagon were partly over specialized intrusion detection software known as "Snort," which guards some classified U.S. military and intelligence computers. Snort's author is a senior executive at Sourcefire, based in Columbia, Md.

The investigation was carried out by the same U.S. review panel that approved the now-abandoned ports deal involving Dubai-owned DP World.

In private meetings between the panel and Check Point, officials from the FBI and Defense Department objected forcefully to permitting any foreign company to acquire some sensitive Sourcefire technology for preventing hacker break-ins and monitoring data traffic, an executive familiar with the discussions previously told The Associated Press. This executive spoke on condition of anonymity because government negotiations are supposed to remain confidential.

Under the sale, publicly announced Oct. 6, Check Point would own all Sourcefire's patents, source-code blueprints for its software and the expertise of employees.

The review panel privately notified Check Point on Feb. 6 it intended to fully investigate the transaction's security risks, the executive said. That was days before the furor erupted over the Dubai ports deal.

Check Point disclosed the news to investors Feb. 13, but the announcement drew little attention despite escalating scrutiny and interest in Washington over such reviews.

Sourcefire's protection and monitoring technology builds on the popularity of Snort, which was created by its chief technology officer and is distributed free.

Unlike Sourcefire's commercial products, Snort's blueprints are open for inspection to assure it works as advertised. This makes it popular inside the U.S. intelligence community, even alongside more mainstream security products from Cisco Systems Inc. or Juniper Networks Inc.



boycott
davidduke
jewish-hatred
state-dep
turner
150 thousand israelis rally for gaza exit { May 16 2004 }
27 israeli pilots refuse bomb civilians
Aglicans call for israel sanctions { September 24 2004 }
Albert einsert calls israel fascist state
Amnesty accuses israel of rights abuses impunity
Amnesty accuses warcrimes { November 4 2002 }
Anna nicole smith
Anti israeli dress [jpg]
Anti israeli dress { September 19 2002 }
Arab priest calls for christian bombers { January 14 2003 }
Auschwitz visitors with israeli flag verbally assaulted { August 10 2004 }
Boycott [jpg]
British workers union to boycott israeli goods
Britons palestinians { April 24 2002 }
Britons rank israel worst country
Buchanan says arabs have a point { January 16 2006 }
Bush administration objects to israeli purchase { March 23 2006 }
Bush letter criticizes { October 14 2002 }
Bush pullout { May 2 2002 }
Christendom zionist
Christian letter
Christians ashamed
Church leaders israelis tightening
Courage to refuse
Critics on campuses
Desmond israel { April 29 2002 }
Desmond tutu { October 17 2002 }
Doonsbury
Dublin palestinian
Elite israeli troops refuse to serve in territories { December 22 2003 }
Eu adds duties to settlement products { November 26 2003 }
Eu embarrased as poll labels israel biggest threat
Europeans distrust of israel { January 30 2005 }
Filipino nonukes group hails release of israeli whistleblower { April 21 2004 }
Former spanish pm says europe supports palestinians
Invisible enemy
Israel maybe guilty warcrimes { November 1 2000 }
Israel releases british journalist on nuclear story
Israeli ambassador destroys sweden museum exhibit { January 17 2004 }
Israeli sees WWII similarities { May 24 2004 }
Israeli teens oppose
Israelis fear arrests { November 12 2002 }
Israelis refuse wp { January 29 2002 }
Isreal and US top worst image worldwide
Its_the_occupation
Its_The_Occupation_Stupid [jpg]
Jews oust hilliard { June 26 2002 }
July 18 israeli consulate protest ny [jpg]
Mitchell report cnn
Mitchell report { December 2 2001 }
Mordechai vanunu arrested again
Nixon planned to go after israelis { May 27 2004 }
Nuclear whistleblower restricted from leaving israel
Oliver stone
Ousted rep hilliard
Paris airport palestine { July 5 2002 }
Pope humilated
Pope peace
Prime minister daughter active for israeli peace
Pro israel group makes video attacking professor { April 4 2005 }
Refuse to fight
Settlers willing relocate
Shark [jpg]
Step down
Sting sings
Target nonviolence { August 14 2002 }
Telaviv protest
Telephone bomb threat follows campus debate
Un chastises
Unpopular { July 30 2002 }
Us rabbis protest home demolition policies { January 16 2004 }
US vetoes UN condemnation of israel gaza strikes { October 2006 }
Vanunu israeli nuclear whistleblower is released
War wont bring economic salvation { May 6 2003 }
Washington post questions israeli lobby power { July 16 2006 }
Withdraw { April 4 2002 }

Files Listed: 76



Correction/submissions

CIA FOIA Archive

National Security
Archives
Support one-state solution for Israel and Palestine Tea Party bumper stickers JFK for Dummies, The Assassination made simple