(Bredemarket Premium) The mechanics of acquisitions

During my years in biometrics, my employer was acquired by another firm three times:

  • Printrak was acquired by Motorola in 2000.
  • Part of Motorola was acquired by Safran in 2009.
  • Part of Safran was acquired by Oberthur in 2017. (The combined entity was named IDEMIA.)

Acquisitions always cause a lot of changes, but one of these three acquisitions caused more changes than any of the others.

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(Bredemarket Premium) The drawbacks of a FOCI-mitigated subsidiary

Those portions of the U.S. government that deal with critical infrastructure are naturally concerned about foreign encroachment into U.S. Government operations, even from “friendly” nations. Therefore, the U.S. Government takes steps to mitigate the effects of “Foreign Ownership, Control or Influence” (FOCI).

I’ve worked for two companies that needed to undertake FOCI mitigation, and I know of others that have also done this. And while FOCI mitigation offers benefits to the United States, there are also drawbacks of which everyone involved should be aware.

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Four of my identity information sources that I have created over the years, including one that you can access in the next ten seconds

How many of us keep on doing the same thing, but just use different tools to do it?

For example, I am going to provide four examples of ways…I mean, for example, I am going to list four ways in which I have disseminated identity information to various internal and external audiences over the last fifteen years. Three of these methods had restricted access and some are no longer available, but the last one, Bredemarket Identity Firm Services, is publicly available to you TODAY.

You can get to this information source in ten seconds if you like. If you’re a TL;DR kind of person, click here.

For the rest of you, read on to see how I used COMPASS (most of you haven’t heard of COMPASS), SharePoint (you’ve heard of that), email (you’ve definitely heard of that), and LinkedIn (ditto) to share information.

Take One: Using Motorola Tools

For the first identity information source, let’s go back about fifteen years, when I was a product manager at Motorola (before The Bifurcation). Motorola had its own intranet, called COMPASS, which all of us Motorolans would use to store information except when we didn’t.

Using this intranet, I created a page entitled “Biometric Industry Information,” in which I pasted links and short descriptions of publicly-available news items. I’m not sure how useful this information source was to others, but I referred to it frequently.

Eventually Motorola sold our business unit to Safran, and “Biometric Industry Information” was lost in the transition. For all I know it may be available on some Motorola Solutions intranet page somewhere, though I doubt it.

Take Two: An Industry-Standard Tool and an Expanded Focus

The second identity information source was created a few years later, when I was an employee of MorphoTrak. Two things had changed since the Motorola days:

  • MorphoTrak’s parent company Safran didn’t use the Motorola intranet solution. Instead, it used an industry-standard intranet solution, SharePoint. This was tweaked at each of the individual Safran companies and regions, but it was pretty much a standard solution.
  • The second change was in the breadth of my interests, as I realized that biometrics was only part of an identity solution. Yes, an identity solution could use biometrics, but it could also used the driver’s licenses that MorphoTrak was slated to produce (but didn’t), and other security methods besides.

So when I recreated my Motorola information source, the new one at MorphoTrak was a Microsoft SharePoint list entitled “Identity Industry Information.”

Again, I’m not sure whether others benefited from this, but I certainly did.

Take Three: Taking Over an Email List

The third iteration of my information source wasn’t created by me, but was created about a decade ago at a company known as L-1 Identity Solutions. For those who know the company, L-1 was a conglomeration of multiple small acquisitions that provided multiple biometric solutions, secure document solutions, and other products and services. Someone back then decided that a daily newsletter covering all of L-1’s markets would be beneficial to the company. This newsletter began, and continued after Safran acquired L-1 Identity Solutions and renamed it MorphoTrust.

MorphoTrust and my company MorphoTrak remained separate entities (for security reasons) until Oberthur acquired some of Safran’s businesses and formed IDEMIA. In North America, this resulted in the de facto acquisition of MorphoTrak by MorphoTrust, and some significant shifting in organizational charts and responsibilities.

As a result of these changes, I ended up taking over the daily newsletter, tweaking its coverage to better meet the needs of today, and (in pursuit of a personal annual goal) expanding its readership. (This email was NOT automatically sent to everyone in the company; you had to opt in.)

Now some may believe that email is dead and that everyone should be on Volley or Clubhouse, but email does serve a valid purpose. As a push technology, emails are provided to you every day.

OK, every five seconds.

But modern email systems (including those from Microsoft and Google) provide helpful tools to help you manage your email. This allowed people to prioritize their reading of my daily newsletter, or perhaps de-prioritize it.

Two years later IDEMIA underwent another organizational change, and I was no longer responsible for the daily newsletter. Last I heard, the daily newsletter still continues.

Take Four: Market Me, Benefit You

Eventually I left IDEMIA and started Bredemarket, and the identity industry became one of the industries that I targeted for providing Bredemarket’s services. To build myself as an identity industry authority, and to provide benefits to identity industry firms, I needed to market specifically to that segment. While my online marketing outlets were primarily focused on my website, I was also marketing via LinkedIn and Facebook. My LinkedIn marketing was primarily though the Bredemarket LinkedIn company page.

In late November, I decided to create a LinkedIn Showcase page entitled Bredemarket Identity Firm Services. While the page was initially created for other reasons, I eventually settled into a routine of sharing identity industry information via the page.

Like I’ve done one thousand times before.

I’m trying to add new content to Bredemarket Identity Firm Services on a daily basis. It’s primarily content from other sources, but sometimes my own content (such as this post) will find its way in there also. And, as in the example above, I’ll occasionally include editorial comments on others’ posts.

So if you’re on LinkedIn and would find such content useful to you, go to the showcase page and click the “Follow” button.

P.S. I have a technology showcase page also.