InVision Technologies
Encyclopedia
InVision Technologies, Inc. was a publicly traded company based in Newark, California
, that manufactured and sold airport security
screening devices to detect explosives in passenger baggage. One of its most well-known products is the CTX explosive-detection device
.
(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
approved GE Security
's sale of 81 percent of the previous InVision business division to French company Safran
.
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, completely surrounded by the city of Fremont. Its population was 42,573 at the 2010 census.-Geography:...
, that manufactured and sold airport security
Airport security
Airport security refers to the techniques and methods used in protecting airports and aircraft from crime.Large numbers of people pass through airports. This presents potential targets for terrorism and other forms of crime due to the number of people located in a particular location...
screening devices to detect explosives in passenger baggage. One of its most well-known products is the CTX explosive-detection device
CTX (explosive-detection device)
The CTX explosive detection device is a family of x-ray devices developed by InVision Technologies in 1990 that uses CAT scans and sophisticated image processing software to automatically screen checked baggage for explosives...
.
FCPA case
The company was notable, in part, because its case was the first time the US Department of Justice had resolved an Foreign Corrupt Practices ActForeign Corrupt Practices Act
The Foreign Corrupt Practices Act of 1977 is a United States federal law known primarily for two of its main provisions, one that addresses accounting transparency requirements under the Securities Exchange Act of 1934 and another concerning bribery of foreign officials.- Provisions and scope...
(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
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...
approved GE Security
GE Security
GE Security was a division of General Electric Inc's GE Enterprise Solutions. It was acquired by UTC on March 1, 2010 and is now part of UTC Fire & Security...
's sale of 81 percent of the previous InVision business division to French company Safran
SAFRAN
Safran is a French conglomerate involved in defense, aerospace propulsion and equipment, and security. It is the result of a merger between the propulsion and aerospace equipment group SNECMA and the defense conglomerate SAGEM. Its headquarters are located in Paris.The name Safran, literally...
.