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(The Business Journals)   Largest US computer security firm that serves numerous federal and state governments sells out to Middle Eastern investors   (bizjournals.com) divider line 23
    More: Interesting, FishNet Security, fishnets, state governments, Overland Park, private equity, controlling interests, Sprint Nextel Corp., computers  
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1905 clicks; posted to Business » on 24 Jan 2013 at 12:06 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



23 Comments   (+0 »)
   
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2013-01-24 10:23:07 AM
doesn't this lose you your government contracts? at least if you do anything with a clearance?
 
2013-01-24 11:53:12 AM
I hope people wont read the article.

This will be a fun false assumption thread that could make both the left and the right look like idiots.
 
2013-01-24 11:57:05 AM

cman: I hope people wont read the article.

This will be a fun false assumption thread that could make both the left and the right look like idiots.


Well it's no fun if you warn like that.  But, inevitably, fools will still rush in so I guess it's OK.
 
2013-01-24 12:04:46 PM

SuperT: doesn't this lose you your government contracts? at least if you do anything with a clearance?


Though the article doesn't say anything of the sort, I'm sure that international companies have ways of
setting up all sorts of shell companies to fulfill the letter of the law in situations like this.
 
2013-01-24 12:24:54 PM

SuperT: doesn't this lose you your government contracts? at least if you do anything with a clearance?


Probably not, but it should.
 
2013-01-24 12:29:52 PM
Numerous federal governments? Which ones?
 
2013-01-24 12:31:16 PM
FTFH: "Largest US computer security firm..."

Never 'hoid of 'em.

/got nuthin'
 
2013-01-24 12:33:27 PM
So did News Corp. Separating ME billionaires from their cash is all the rage these days
 
2013-01-24 12:48:57 PM
If the company was really important to US security then the Gov't would have found a way to keep it owned domestically, something which they have done before (when Fairchild was broken up some subsidiaries were important enough that they convinced other groups (like Lockheed) to buy them rather than seeing it go overseas).

Though this is an international investment group with offices in New York... probably based in New York.
 
2013-01-24 12:55:36 PM
No one cares about state governments - their main problem is keeping their employees from illegally accessing DMV databases.  And fishnet is a consulting company and reseller.  Primarily to commercial customers.  They don't make anything.  So who cares?

/unlike Sourcefire which makes a product actually used by the federal government
 
2013-01-24 01:26:49 PM
Stop giving multi-national corporations tax incentives to move between U.S. states.

/jerbs
 
2013-01-24 02:01:10 PM
Subby headline is racist, but he's a lefty so racism can't be his fault.
 
2013-01-24 02:04:41 PM
"Largest US computer security firm that serves numerous federal and state governments sells out..."

You don't say.

blog.modis.com
 
2013-01-24 02:13:42 PM

SuperT: doesn't this lose you your government contracts? at least if you do anything with a clearance?


No. There are certain business regulations that must be observed but it's not much different from a company that does classified work and private sector work. Access and business interests must be partitioned.

For example: BAE is a British company but has many contracts with the US Government.
 
2013-01-24 02:26:05 PM
But somehow THIS is what gets "security-conscious" Americans all up in arms.

unitedcats.files.wordpress.com

The derp is strong in the U.S.
 
2013-01-24 02:39:10 PM

zenobia: Stop giving multi-national corporations tax incentives to move between U.S. states.

/jerbs


They were given $14M by Kansas to move 14 miles down the highway to occupy space left idle by Sprint's kerplosion.
 
2013-01-24 02:43:36 PM

cman: I hope people wont read the article.

This will be a fun false assumption thread that could make both the left and the right look like idiots.


What the hell are you talking about? The article's just trying to smooth this over so sheeple will just roll over and take this covert assault on the security of our country. Perfectly clear to anyone who bothered to read the friggin' article.
 
2013-01-24 02:44:35 PM
*sits in corner, speckled in froth*
 
2013-01-24 04:42:02 PM
*relaxes in corner with pants around ankles, speckled in froth of a different nature*
 
2013-01-24 05:02:48 PM
lol@Fishnet "Security"
 
2013-01-24 08:12:43 PM

MusicMakeMyHeadPound: *relaxes in corner with pants around ankles, speckled in froth of a different nature*


It's going to take two hours, a bone saw, and a rusty cheese grater to get that out of my frontal lobes.
 
2013-01-25 01:11:27 AM

DjangoStonereaver: SuperT: doesn't this lose you your government contracts? at least if you do anything with a clearance?

Though the article doesn't say anything of the sort, I'm sure that international companies have ways of
setting up all sorts of shell companies to fulfill the letter of the law in situations like this.


If the DoD is involved, the company will be required to divest itself of its DoD assets, technology, and contracts before the deal can be completed. As for other government agencies, I don't know if they have the same requirement.
 
2013-01-25 10:13:15 AM
I admit it was a trolly headline. My first version, "Yay, white people make more money!" was even trollier. I was thinking of the picture from the article.

Still, there is an intersting point here. Fishnet is a big security company and they do a fair amount of government work. And Bahrain is not the friendliest nation to the USA. I work in IT security and we don't use them (because they are big product pushers), but I know other security teams that do, and they have said this buyout is going to make them reconsider their use of Fishnet.
 
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