Tyco to acquire Visonic

Tyco International has reached an agreement to acquire Visonic, a developer and manufacturer of electronic security systems and components, for approximately US$100 million in cash. The acquisition will strengthen the wireless product and technology portfolio and market presence of the Tyco Security Products business in the intrusion security market.
June 22, 2012 Read time: 1 min
847 Tyco International has reached an agreement to acquire 851 Visonic, a developer and manufacturer of electronic security systems and components, for approximately US$100 million in cash. The acquisition will strengthen the wireless product and technology portfolio and market presence of the Tyco Security Products business in the intrusion security market.
Networking & Communication Systems

For more information on companies in this article

Related Content

  • Investigating charging methods for open road tolling
    January 30, 2012
    Toll system suppliers are considering service structures and technologies needed to address issues of social exclusion in open road tolling. Jason Barnes asked Telvent's Pat McGowan to explain moves to address the needs of all toll customers
    Read More
  • Cohda adds vsim tool to C-V2X SDK
    August 11, 2020
    Specific binaries are also included to tap into burgeoning Chinese market
    Read More
  • ITS industry in the US has grown to $48 billion and will expand
    April 17, 2012
    ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.
    Read More
  • EU steps up efforts to tackle cyber threats
    July 7, 2016
    The Commission has launched a new public-private partnership with the non-profit European Cyber Security Organisation (ECSO) on cyber-security that is expected to trigger US$2 billion (€1.8 billion) of investment by 2020. This is part of a series of new initiatives to better equip Europe against cyber-attacks and to strengthen the competitiveness of its cyber-security sector. The EU plans to invest US$500 million (€450 million) under its research and innovation (R&I) programme Horizon 2020, with the rema
    Read More

Highlighted Content