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Grant money for Foreign Take Overs


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Dalsa is a company local to Waterloo - it is global though, with main operations in canada, UK and mexico.

It has an annual revenue of about $200 million

It was just taken over for $300 million.

It received recently a grant for about 25 million from Ontario and 15 million from the Federal government - another grant for 30 million also in recent memory.

That is some 70 million dollars in grants from a company that was taken over for some 300 million a company with an annual revenue of some 200 million dollars - a company that was an innovative high tech firm.. with patents on microcircuitry sensors chips and one of canadas notable microwaffer producers.

300 million seems like a small amount of money considering the company.

Yet this is just a back drop.

Is 300 million adequette compensation considering the some 70 million in grants.. what assurances are there for that money - money now paid to a US company Teledyne - a major component of the US military industrial complex.

It happened and there is almost no chance of it being undone, but - with Canadian sovreignty being traded away by the upsurper stephen harper - what good are economic advantages if all the major Canadian companies are american?

Dalsa is probably best known to the general public for making blackberry camera sensors.

And those wonderful spy baloons the US has been operating into canada..

aerial photogrammetry cameras

..........

Up to 100 million frame per second up to 100+ million megapixels 1000x overexposure..

http://www.wisegeek.com/what-is-aerial-photogrammetry.htm

http://www.cbc.ca/canada/windsor/story/2010/04/21/sarnia-fighter-jets-100421.html

Edited by William Ashley
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On the surface it sounds like the shareholders got a good deal. The stock was trading at under $8.00 last year and was sold at $18.25 this week.

The grant total btw is not $70M but under $40M.

I think there are more than just the two grants...

Also is waterloo still getting the 140 million in investment promised with the grant?

WATERLOO – Dalsa Corp. will create about 150 jobs and invest $160 million in Waterloo over the next five years as it develops technology that will take the company into new markets that go well beyond the visible light end of the spectrum where its digital imaging technology has so far been concentrated.

The article seems to have been deleted from the record website (the main local newspaper.. the story on how Dalsa was due to invest $160 million into Waterloo over the next five years seems to no longer exist online from that website http://news.therecord.com/article/793773.. but is still in existence.

It is no longer on the search page but can now be found here...

what happens to these promises under new management?

http://www.therecord.com/news/business/article/287523--dalsa-creating-150-jobs-investing-160-million-in-waterloo

Could the US be trying to stifle Canadian development of non visible object sensing?

It will be interesting to see how this development goes over the next little while..

Hmm would the US try to hide something from Canada?

The new products will primarily be for medical x-ray imaging technology and infrared vision products that are used by security, defence and search and rescue forces
Dalsa’s chief executive officer, said Dalsa is developing chips that allow x-ray medical and dental images to be taken with lower x-ray doses, for example, so that patients are subjected to less radiation.

I wonder if the above quote means dalsa is a company that could make non lethal scanners that are poping up everywhere.. as opposed to the ones that "statistically" someone is gonna get cancer from.

The changing face of aerial reconnaissance

(Nov. 12) Aerial spying using drones has become "the centerpiece" of the United States' global war on terrorism, which means a growing and potentially huge business as the Pentagon looks at cutting back on big-ticket items such as the manned F-35 fighter. Jet-powered, pilot-less surveillance aircraft at 60,000 feet over Afghanistan transmit incredibly clear images of Taliban hide-outs, vehicles, and operatives. Infrared sensors on the flying robots help analysts determine how long vehicles have been parked. Aerial drones listen in on cellphone calls. Research in the U.S. is revolutionizing the way intelligence is gathered.

now replace the word Taliban with potential border crossers or Canadians.

Like this

The changing face of aerial reconnaissance

(Nov. 12) Aerial spying using drones has become "the centerpiece" of the United States' global war on terrorism, which means a growing and potentially huge business as the Pentagon looks at cutting back on big-ticket items such as the manned F-35 fighter. Jet-powered, pilot-less surveillance aircraft at 60,000 feet over Canada transmit incredibly clear images of border crosser hide-outs, vehicles, and shopers. Infrared sensors on the flying robots help analysts determine how long vehicles have been parked. Aerial drones listen in on cellphone calls. Research in the U.S. is revolutionizing the way intelligence is gathered.

or

The changing face of aerial reconnaissance

(Nov. 12) Aerial spying using drones has become "the centerpiece" of the United States' global war on terrorism, which means a growing and potentially huge business as the Pentagon looks at cutting back on big-ticket items such as the manned F-35 fighter. Jet-powered, pilot-less surveillance aircraft at 60,000 feet over Canada transmit incredibly clear images of Canadian hide-outs, vehicles, and thier Mum. Infrared sensors on the flying robots help analysts determine how long vehicles have been parked. Aerial drones listen in on cellphone calls. Research in the U.S. is revolutionizing the way intelligence is gathered.

Note the last line

Research in the U.S. is revolutionizing the way intelligence is gathered.

Is US research analyzing eavesdropping? Is that what this means

Lets get back to those grants...

Edited by William Ashley
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:lol: :lol: :lol:

The fact that 95 per cent of Dalsa’s products are exported means a big boost to Ontario’s gross domestic product, Pupatello said.

95% of 200 million is.....

190 million of Canadian exports each year?

Ontario's total exports are $219.0 billion (2009) (but apparently they were hurt by a whole lot from the economic slump caused by border delays... (yeah thats it)

so this deal represents around 1 portion of 1150ths of the exports and Ontario's exports account for close to half of canada's exports.. so this deal represents

around a 2500ths of the Canadian export market. (and there would be massive potential to grow (actually it is a little more not counting the grey market... you know thanks to all that non drug interdiction of bc weed alone estimated at $6 billion or 1.6% of the Canadian export market (not counting other grey/black market exports)(usually hyperinflated values on this stuff though street prices arn't distrobution prices, and distrobution is hashed out domestically not at point of export same as other retail - it is only what you get from the actual export.. I don't actually know these numbers..)

That is substantial, I'll get a list of companies of the same size.

Hmm I wonder if this US company will start producing Dalsa products in California where it is headquartered? Arn't there a lot of waffer plants there in a place called silicon valley... I wonder if regional distrobution will be redistributed, or "products" will be assembled using the many different sytems the US company has?

You know their manufactured sensor systems etc.. oddly they sold the engine portion of their company.. hmm weird to make a plane without an engine.... that would just be a floating sensor system, what would they be able to use that for?

No a whole bunch of balloons geesh what type of nut would put all those eggs into the basket (sarcasm)

http://v1.theglobeandmail.com/servlet/story/LAC.20100625.ROBMAGJULAUG10P78/TPStory

Look at how many of Canada's top companies are actually canadian

Here is a warmer on biggest Canadian companies (how many are Canadian owned is anyones geuss...)

Dalsa is around position 30 or less for top technology companies in Canada..

http://www.branham300.com/index.php?year=2010&listing=1

Lets see how many are american controlled.

Edited by William Ashley
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