Vuance to buy Security Holding Corp.

SSN Staff  - 
Wednesday, August 1, 2007

MCLEAN, Va.--Vuance has agreed to purchase U.S.-based Security Holding Corporation (SHC) for $5.1 million. SHC, a subsidiary of Homeland Security Capital Corporation, operates primarily as an investment firm seeking to consolidate emerging technologies in the security market. Vuance, which lists its primary business as RFID and incident management response systems, is based in McLean, Va., and Qadima, Israel. The acquisition gives Vuance, which is strongest in Israel, a larger presence in the United States.