InVision Technologies, Inc. was a

publicly traded company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (list ...

based in

Newark, California Newark is a city in Alameda County, California, United States. It was incorporated as a city in September 1955. Newark is an enclave, surrounded by the city of Fremont. The three cities of Newark, Fremont, and Union City make up the Tri-City ...

, that manufactured and sold

airport security Airport security includes the techniques and methods used in an attempt to protect passengers, staff, aircraft, and airport property from malicious harm, crime, terrorism, and other threats. Aviation security is a combination of measures and hum ...

screening devices to detect explosives 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 The United States Department of Justice (DOJ), also known as the Justice Department, is a federal executive department of the United States government tasked with the enforcement of federal law and administration of justice in the United Stat ...

had resolved a Foreign Corrupt Practices Act (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 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 The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been de ...

approved

GE Security GE Security was a division of General Electric's GE Enterprise Solutions. It was acquired by UTC on March 1, 2010, and became part of UTC Fire & Security. GE Security's division provides intrusion alarm systems, integrated security systems, fir ...

's sale of 81 percent of the previous InVision business division to French company Safran.

References

{{reflist

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