Skip to main content

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.

For more information on companies in this article

Related Content

  • Anywhere card delivers prepaid contactless ticketing
    January 25, 2012
    David Crawford investigates a far reaching initiative in integrated travel. The Port Authority Transit Corporation (PATCO), an operator of high speed commuter rail in the north eastern US, is not one of the world's best known transit providers. Its 13 stations along a single east-west route (three of them interchanges with other regional commuter lines) handle 40,000 passengers a day, travelling to and from Philadelphia, the US' fifth most populous city.
  • Schneider Electric and McAfee partner on cybersecurity
    March 24, 2014
    Schneider Electric and McAfee are to partner to provide cybersecurity solutions for the utility and critical infrastructure market. This collaboration will enable Schneider Electric customers to add tested and certified application white-listing capabilities in the management of core offerings of water, oil and gas, electric networks and transportation infrastructures. This will strengthen customers’ operations technology (OT) security and lower ownership costs without significantly impacting the perfor
  • Egis and Actoll form TollSys back office solutions
    December 3, 2013
    International engineering group Egis has partnered with tolling ITS solutions provider Actoll to create TollSys, developer of tolling back office software solutions. TollSys will benefit from business process controls and project management provided by Egis, while Actoll will provide its Ticks software publishing and expertise in toll software development. Its Ticks BPMN studio platform will form the development tool for back office software.
  • Shock therapy: jolt for EV charging needed
    October 2, 2018
    As sales of electric vehicles accelerate, the growth of charging infrastructure is in need of a big boost. Graham Anderson reports on whether Europe is up to it. Utilities, technology companies and vehicle manufacturers are battling to put in place new charging networks for electric vehicles (EVs) across Europe in response to a predicted dramatic surge in demand. Market experts believe that rapidly falling battery costs – which make up about one third of the costs of an electric car – and growing