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Fujitsu Ltd. |
Canada Pension Plan (CPP) Investment in 2011 = $24 million |
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Fujitsu originated in a 1923 venture between Japan’s Furukawa Electric and Germany’s Siemens. (See Siemens in table "CPP Investments.") Together they formed Fuji Electric. In the 1930s, with Japan’s occupation of Manchuria and then during World War II, the firm’s spin off, Fuji Communications – which became Fujitsu – strived to meet "the needs of military communications." It continues that tradition to this day. One of Fujitsu’s biggest military clients today is the UK Ministry of Defence, which pays Fujitsu to provide secure communications for 95,000 personnel in the UK, as well as to British military bases outside the country. Fujitsu set up an R&D centre in Israel in 2000. Fujitsu Microelectronics Israel is the Japanese company’s wholly-owned subsidiary in Israel. Fujitsu is also involved in the Israeli market through its very close, 20-year partnership with Oracle, a Japanese company that has had numerous contracts Israel’s military industries and the country’s armed forces. (See Oracle in table "CPP Investments.") Fujitsu’s "PalmSecure" biometric security technology uses a near-infrared light scanner to map the unique pattern of veins beneath the skin’s surface in the palm. This Fujitsu technology, called ID-POD, is integrated into the products of an Israeli "homeland security" firm called BioGuard Components and Technologies. BioGuard says it provides "innovative biometric homeland security products as well as identity management solutions based on a variety of biometric technologies." BioGuard promotes Fujitsu’s palm-reader by extolling its "ability to control physical access to restricted areas" such as "military facilities." BioGuard markets biometric ID devices such as facial-recognition systems, iris scanners, fingerprint and palm-vein authentication systems. Bioguard’s biometric detection systems were originally "developed for military purposes" and its customers include the office of Israel’s Prime Minister and Israeli border-control authorities. Fujitsu is also involved in Israel’s military/"security" industrial complex through its investments in high-tech Israeli start-up companies. For instance, Fujitsu has US$23 million invested in Israeli companies through an Israeli firm called Vertex Venture Capital (VVC). Besides investing Fujitsu’s money in Israel, VVC founder, Yoram Oron, takes credit for having introduced Fujitsu to an Israeli company. Oron explained, "we presented PowerDsine to Fujitsu, which was the company’s first big Japanese customer. That deal made it possible for PowerDsine to go public on Nasdaq [in 2004]." PowerDsine, which makes "Power over Ethernet" products, is used by military, "security" and surveillance companies. It was founded by Major Igal Rotem, who served for a dozen years in Israel’s Intelligence Corps. |
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COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the
CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and
prison-related products. To read COAT's research on the first half of these 68 companies, click the pdf links below to see the print version of Issue 66. Or, click each company name for the web version.) (Articles on the second set of 34 companies are in Issue #67 of Press for Conversion!): |
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pdf 3M Co pdf Amdocs Ltd pdf Analog Devices Inc pdf AT&T pdf BAE Systems pdf Bank Hapoalim pdf Bezeq pdf Bharat Electronics Ltd pdf CAE Inc pdf Carlyle Group pdf Caterpillar Inc pdf Cellcom Israel pdf Cemex pdf Cisco Systems pdf CRH plc pdf Daewoo Engineering & Construction pdf Daimler AG pdf Delek Group pdf Dell Inc pdf Discount Investment Corp pdf Doosan Corp pdf Eaton Corp pdf Elbit Systems pdf EMC Corp pdf Evraz Group pdf Fiat Industrial pdf Fiat SpA pdf Finmeccanica pdf Fujitsu Ltd pdf Hewlett-Packard Co pdf Hitachi Ltd pdf Honeywell International pdf Hyundai Motor Co pdf Hyundai Heavy Industries Additional resources from this issue: Israeli Spy Companies: Verint and Narus
State-owned Israeli War
Industries:
Vertex Venture Capital:
Table listing
CPP Investments
in 66 companies
supporting Israel's
military-, police-, surveillance-, prison-industrial complex.
Social Networking - Facebook |
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Fujitsu-Oracle News Top 100 Defense Contractors, Defense News Alfred Chandler, Takashi Hikino and Andrew Von Nordenflycht,
Inventing the electronic century: the epic story of the consumer electronics and
computer industries, 2005. Telephone services, data transfer, IT networks and platforms Ministry of Defence: CHOtS secure communication system Case study of several Israeli Start-Ups, September 2001. ID-POD – Physical access to secured areas "Vantage Data Centers Deploys Fujitsu PalmSecure in
Collaboration with BioGuard," October 12, 2010. BioGuard Components & Technologies Ltd. Addio al registro di classe l’appello diventa tecnologico,
September 28, 2005. Nicky Blackburn, "Israeli company offers security with a
fingerprint," November 15, 2006. Batya Feldman, "Japanese investors interested in Israel,"
Globes, March 11, 2008. |