Did the Security Spending Boom Never Happen?

Author: John Honovich, Published on Sep 08, 2009

Almost a decade after 9/11, the questions and doubts on the security spending boom continue to increase. Did the boom never happen? And, even if it did, why is there such questions arising now.

The Mercury News, Silicon Valley's hometown newspaper is the latest to raise this question. The columnist specifically cites the quiet sale of GE Security's homeland defense business and contrasts that to expectations immediately after 9/11. This is similar to a thread from VentureBeat, another Silicon Valley related publication, who also questioned the financial performance of security companies.

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