Financial Times FT.com

ID card bid raises US security concern

By Stephanie Kirchgaessner in Washington

Published: June 25 2008 03:00 | Last updated: June 25 2008 03:00

A leading US maker of identification cards has raised national security concerns after French defence electronics maker Safran submitted a rival, unsolicited bid for Digimarc, another US ID card company that has contracts with the Department of Homeland Security.

Robert LaPenta, chairman and chief executive of L-1 Identity Solutions, raised doubts about whether Safran could win US government approval for its proposed $300m (€193m, £152m) all cash bid for Digimarc, citing the French government's 30 per cent ownership interest in the company.

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