Jan 12, 2011

Venture to focus on port and ship surveillance



CASSIDIAN, security arm of Europe’s EADS aerospace group, has formed a partnership with Germany’s Atlas Elektronik that will focus on ship and port surveillance.
The venture, called Signalis, was formed through the combination of Cassidian subsidiary Sofrelog with Atlas Maritime Security. Cassidian holds a 60% stake and Atlas Elektronik – which itself is jointly owned by ThyssenKrupp and EADS – the remaining 40%.
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Source: Safety at Sea

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