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InVision Technologies, Inc. was a publicly traded company based in Newark, California, that manufactured and sold airport security screening devices to detect
explosive An explosive (or explosive material) is a reactive substance that contains a great amount of potential energy that can produce an explosion if released suddenly, usually accompanied by the production of light, heat, sound, and pressure. An expl ...
s in passenger baggage. One of its most well-known products is the CTX explosive-detection device. One of its founding members was Sauveur Chemouni.


FCPA case

The company was notable, in part, because its case was the first time the US Department of Justice had resolved a
Foreign Corrupt Practices Act The Foreign Corrupt Practices Act of 1977 (FCPA) (, ''et seq.'') is a United States federal law that prohibits U.S. citizens and entities from bribing foreign government officials to benefit their business interests. The FCPA is applicable world ...
(FCPA) case through a non-prosecution agreement. The charges were based upon conduct of the company's third party distributors (but not the company itself), while InVision's staff failed to timely investigate certain "red flag" emails copied to their addresses. The company voluntarily disclosed its findings resulting from internal investigations related to the issues which arose during the preparation for the acquisition of InVision by
General Electric Company The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was founded in 1886, was Britain's largest private employer with over 250 ...
. The NPA, concluded in December 2004, required from the company, in part, a $800,000 penalty and a requirement to improve the enforcement of FCPA compliance. On July 1, 2009, the European Union approved GE Security's sale of 81 percent of the previous InVision business division to French company
Safran Safran S.A. is a French multinational company that designs, develops and manufactures aircraft engines, rocket engines as well as various aerospace and defense-related equipment or their components. It was formed by a merger between SNECMA and ...
.


References

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External links


GE Security - Aviation


Safran Group Companies based in Newark, California Technology companies based in the San Francisco Bay Area Defunct companies based in the San Francisco Bay Area