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

  • Promising growth for electric vehicle telematics market
    March 23, 2012
    According to a study by Pike Research of the market opportunity for telematics in plug-in electric vehicles (PEVs), the annual revenue from sales of EV telematics will reach US$1.4 billion by 2017. Pike Research says that for electric vehicles, telematics can deliver information on electric usage, pricing, and state of charge to owners as well as helping drivers to check on the battery, the charge rate and even assist them to find the nearest charging station. The technology is likely to play a crucial role
    Read More
  • BlackBerry warns of hacking danger
    May 9, 2022
    As connected vehicles inch towards becoming a common sight, there are concerns that they are ripe for hacking by malign actors. Alan Dron looks at BlackBerry’s 2022 Threat Report
    Read More
  • Making cycling safer in Bournemouth
    January 16, 2014
    Cyclists using a busy intersection in Bournemouth, UK, are benefiting from an in-road cycle detection solution installed at the traffic signals. The intersection joins a major route into the city centre and experiences high traffic flows throughout the day. A designated cycle lane was installed along with an advanced stop line and an M100BR bicycle detection system supplied by Clearview Traffic. The M100BR works in conjunction with the traffic signals to detect cyclists approaching the junction. When a
    Read More
  • Covid turns tolls cashless
    December 23, 2021
    When coronavirus hit, Pennsylvania Turnpike Commission made its long-planned e-tolling system permanent; this made sense, but it was still a difficult decision, explains the organisation’s Carl DeFebo
    Read More

Highlighted Content