Morpho Detection To Acquire Syagen Technology

  • Apr 26, 2011


Morpho Detection Inc., part of Morpho, Safran group’s security business, recently announced it has entered into a definitive agreement to acquire Syagen Technology Inc. of Tustin, Calif. Syagen is a leading mass spectrometry technology development company for security applications.

The acquisition of Syagen strengthens Morpho Detection’s (MDI) position as a provider of explosives and narcotics trace detection solutions for the homeland security market. Combining Syagen’s technologies with MDI’s global commercial and service reach is expected to generate strong growth potential and offer enhanced explosives trace detection capability, especially against emerging non-conventional explosives threats.

"Syagen’s unique mass spectrometry technology combined with Morpho Detection’s patented Ion Trap Mobility Spectrometry trace detection will help deliver the solutions customers need for detecting emerging, non-conventional explosives threats,” said Dennis Cooke, president and CEO of Morpho Detection Inc. "We are pleased to welcome Syagen’s superb team of mass spectrometry technical experts and their world-class technology and entrepreneurial spirit to the MDI team.”

“I am very proud of Syagen’s accomplishments and the leading role we have played in the development of mass spectrometry technologies to meet some of our nation’s most critical security needs," said Jack Syage, president and CEO of Syagen Technology Inc. “We are excited to be part of Morpho Detection and look forward to being part of an organization that has such strong global reach and extensive commercial experience to bring our technologies to the security and defense markets.”

MDI expects to operate Syagen as a mass spectrometry technical center of excellence, developing its next generation of explosives and narcotics trace detection systems for its high-profile public, private and government customers around the world.

The boards of directors for Syagen and MDI have approved the transaction.

The transaction is subject to Syagen’s shareholder and regulatory approvals, including review by the Committee on Foreign Investment in the United States (CFIUS), as well as the satisfaction of other customary closing conditions.

 

Featured

  • UL Solutions Launches Artificial Intelligence Safety Certification Services

    UL Solutions Inc., a global leader in safety science, today announced the launch of artificial intelligence (AI) safety certification services, enabling comprehensive assessments for evaluating the safety of AI-powered products. Read Now

  • ESA Announces Initiative to Introduce the SECURE Act in State Legislatures

    The Electronic Security Association (ESA), the national voice for the electronic security and life safety industry, has announced plans to introduce the SECURE Act in state legislatures across the country beginning in 2025. The proposal, known as Safeguarding Election Candidates Using Reasonable Expenditures, provides a clear framework that allows candidates and elected officials to use campaign funds for professional security services. Read Now

    • Guard Services

  • Ransomware Attacks Rise for the First Time in Six Months

    Ransomware attacks have risen for the first time in six months, increasing by 28% month-on-month to 421 attacks. While overall attack volume remained below 500, the uptick may signal a renewed escalation heading into the year’s most active period for cyber criminals. Read Now

  • Report: 47 Percent of Security Service Providers Are Not Yet Using AI or Automation Tools

    Trackforce, a provider of security workforce management platforms, today announced the launch of its 2025 Physical Security Operations Benchmark Report, an industry-first study that benchmarks both private security service providers and corporate security teams side by side. Based on a survey of over 300 security professionals across the globe, the report provides a comprehensive look at the state of physical security operations. Read Now

    • Guard Services

  • Identity Governance at the Crossroads of Complexity and Scale

    Modern enterprises are grappling with an increasing number of identities, both human and machine, across an ever-growing number of systems. They must also deal with increased operational demands, including faster onboarding, more scalable models, and tighter security enforcement. Navigating these ever-growing challenges with speed and accuracy requires a new approach to identity governance that is built for the future enterprise. Read Now

Most   Popular

New Products

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.