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Lessons from the Front Lines of Doing Business in China

When you see Jim McGregor's book in an airport bookshop, stacked between the rival publications in the China business section, you might be tempted not to give it a second glance. Between the cumbersome and derivative title and the obligatory glossy red cover, the immediate point-of-sales positioning of this work is not particularly compelling. Even Mr. McGregor's well-nourished visage glowering portentously out of the back cover of some editions does little to dispel the impression that this is just another of those production-line "How-to-be-a-China-business-expert-in-12-quick-chapters" pulp nonfictions.

In fact, the book is a very distinctive offering worthy of an honored place on any executive Sinophile's bookshelf. So just ignore the cover and try to steal it.

Mr. McGregor is himself something like his book: not to be judged by first impressions. more

L-1 Identity Solutions to Acquire ID Systems Business from Digimarc . Corporation for Approximately $250 Million in ...

Corporation for Approximately $250 Million in Stock and Cash 24/03/2008 12:30:00 Business Wire US1255811085 L-1 Identity Solutions, Inc.
(NYSE: ID), a leading provider of identity solutions and services, today announced it has entered into a definitive agreement to acquire the ID Systems business of Digimarc Corporation (Nasdaq: DMRC) in a stock and cash transaction valued at approximately $250 million.
The acquisition has been approved by the respective Board of Directors of each company.
Under the terms of the definitive agreement, Digimarc stockholders will receive approximately 50 percent of the purchase consideration in shares of L-1 stock and 50 percent in cash.
Digimarc stockholders will also receive shares in a new company bearing the Digimarc name and holding Digimarc s digital watermarking business. more

The Hindu Business Line : Agni-1 fully operational after test-fire success

Hyderabad, March 23 Agni-1, India's workhorse missile with a range of 700 km, has attained full operational capability following a successful test-fire from the Wheeler Island, off Orissa coast on Sunday.

At 10.15 a.m. scientists of the Defence Research and Development Organisation and the Indian Army (main user) launched the surface-to-air Intermediate Range Ballistic Missile (IRBM). In about nine minutes, the missile attained its desired distance, trajectory and demonstrated its operational capabilities.

Describing the test as a 'complete success', Dr Avinash Chander, Director, Advanced Systems Laboratory (ASL) and Programme Director of Project Agni, said, "The terminal data tracked by two naval ships and total performance from the radars at the Interim Test Range (ITR) showed that the missile performed to its optimum capacity exactly as expected."

The significance of the test was that the Agni-1 missile had met the full specifications and requirements of the user, alongside meeting the mission objectives, Dr Chander told Business Line from the Wheeler Island. more

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