federal signal technologies
3M announced September 4 that it had completed its acquisition of Federal Signal Technologies Group paying "$110m in cash subject to post-closing adjustments."
2012-09-01: As the part of sale of Federal Signal Technologies (FSTech) division of Federal Signal to 3M some of the top people are being put off. Manfred Rietsch the president of FSTech is going. So is Jon Ramirez director of business development, Bill Duffy of VESystems, and Mike Leahy VP system delivery.
Gary Thompson FSTech program manager for canceled TxDOT toll systems contract resigned, TxDOT felt misled
2012-08-10: Federal Signal Technologies (FSTech) Gary A Thompson program manager for their canceled $68m toll back office contract with Texas DOT left the company August 2. Neither Thompson nor FSTech would comment at the time, but right or wrong, it appears he has been held responsible for a major contract gone bad.