De La Rue on March 2005 Sequoia was sold to Smartmatic, a multi-national technology company which had developed advanced election systems, voting machines included. In 2003, the company acquired the Debden-based banknote printing operations of the Bank of England. In 2003 and 2004 the company supplied banknotes to Iraq. The company was recognised by Hermann Simon as a role model for other small- to medium-sized businesses in his book "Hidden Champions". The Highest Perfection, a history of De La Rue was published in 2011. Written by Peter Pugh for De La Rue, it covered the years 1712–2003. In August 2014, the company announced
De La Rue postage stamps for the United Kingdom and some of its colonies, for Italy and for the Confederate States of America. Some famous stamps such as the Cape of Good Hope triangulars were printed by De La Rue & Co. after Perkins Bacon fell out of favour with the postal authorities of the time. The first 50 years of postage stamp production were chronicled in John Easton's "The De La Rue History of British and Foreign Postage Stamps 1855–1901" (Faber & Faber, London, 1958). De La Rue claims to have developed the first practical fountain pen in 1881 and was a