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GE Delays InVision Purchase

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NEWARK, Calif., Nov. 1 -- General Electric Co. (GE) agreed to delay until Dec. 27 its $900 million purchase of InVision Technologies Inc. while the US Department of Justice and Securities and Exchange Commission complete separate investigations. GE agreed in March to buy Newark, Calif.-based InVision, a supplier of explosives detectors for US airports. The agreement had been set to expire on Oct. 31. (See "Probe Delays InVision Merger," August 2) Today, InVision announced it and GE have entered into a waiver letter under which, among other things, InVision and GE waived until Dec. 27 the...Read full article

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    Published: November 2004
    Glossary
    x-ray diffraction
    The bending of x-rays by the regular layers of molecules in a crystal acting like a very small diffraction grating. The diffraction pattern so obtained and recorded on film provides a means for analyzing the crystal structure.
    computed tomographyexplosives detectionexplosives detectorsInVisionNews & Featuresquadrupole resonanceSensors & Detectorsx-ray diffraction

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