Replies

NOTE: The following post is a quote:

http://www.freerepublic.com/focus/f-news/1741369/posts

U.S. keeping an eye on sensitive projects at Bell Labs [French takeover]
Newark Star Ledger ^ | 11/19/2006 | Kevin Coughlin

Posted on 11/19/2006 8:18:57 PM PST by Incorrigible

Although a French company soon will own the famed Bell Labs, the U.S. will exercise "unprecedented" control over sensitive government projects at the New Jersey facility, U.S. Rep. Rob Andrews (D-1st Dist.) said yesterday.

"The U.S. government will be able to veto any people who have direct control over Bell Labs, and can veto the removal of any persons who have control over Bell Labs," said Andrews, who serves on the House Armed Services Committee and was briefed last week on the pending takeover of Lucent Technologies by Alcatel of France.

His approval hinges on both companies following through on "two robust and far-reaching agreements designed to ensure the protection of our national security," according to a statement from the White House. One of those agreements involves oversight of Bell Labs by three former top defense and intelligence officials. Andrews said Bell Labs is involved with just about "anything that touches on imperatives for the country's security." But he called the merger of the two telecom companies vital for their economic health, "good for the country, and good for New Jersey."

"The U.S. government will have more control over the flow of information in and out of this entity than it has over the flow of information into other so-called American entities," Andrews said. "I think this is an unprecedented level of control, where the U.S. government will have an ongoing window into the management of Bell Labs."

(Excerpt) Read more at nj.com ...