Vuance buys again
Jinkies, these Vuance guys are busy. See below for their buy of HSCC's subsidiary, and yesterday they announced the purchase of the credentialing division of Disaster Management Solutions for $100,000 in cash and up to $650,000 in royalties. That last part means that Vuance will give to DMS 10 percent of net revenue on sales of the RAPTOR Advanced Authenication and Validation System over the next 18 months. I've honestly never heard of that kind of arrangement in the security field, but I haven't been at it that long. Also, Vuance are no longer known as SuperCom in the states. That change went through back in May, but I didn't see it. The acquisition gives Vuance a product that can credential first responders, which ties into its homeland security play.