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News briefs

The uproar over foreign control over American interests was blamed for the break-up of one nearly successful IT security merger. Check Point Software Technologies Ltd., which is based in Israel, and Maryland-based Sourcefire broke off a $225 million merger that came under intense scrutiny by the Committee on Foreign Investment in the United States (CFIUS). “Basically we agreed to withdraw applications based on a couple of things,” said Michelle Perry, chief marketing officer for Sourcefire. “First the complexities of the overall CFIUS process, the lengthy ongoing delays and the current climate for international acquisitions.

*The personal information of nearly 200,000 current and former employees of Hewlett-Packard (HP) was compromised after a laptop computer in the possession of a Fidelity Investments employee was stolen. Fidelity is administering a retirement program for HP employees. It sent a letter of ...

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