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

  • Accuver expands into V2X market
    September 18, 2024
    Accuver, a global leader in mobile network testing solutions, has expanded into the Vehicle-to-Everything (V2X) market through its recent acquisition of Wayties.
    Read More
  • ITS America maps out implications and opportunities for ITS industry
    November 28, 2012
    A critical milestone was reached in July 2012, when the US Congress passed, and President Obama signed, legislation reauthorising the nation's surface transportation programs, breaking a nearly three-year log-jam which had blocked critical transportation reforms and delayed much-needed infrastructure projects. In a town where compromise is sometimes considered an endangered species, Republicans and Democrats came together during a months-long series of negotiations and hashed out a bipartisan agreement that
    Read More
  • Iteris reports first quarter 2014 revenue increase
    July 31, 2013
    US intelligent traffic management specialist Iteris has improved financial results for its fiscal first quarter ended 30 June 2013, with total revenues total revenues in the first quarter of fiscal 2014 increased by 4 per cent to US$17.0 million compared to US$16.3 million in the same year-ago quarter. The increase was primarily attributed to a 5 per cent increase in both roadway sensors and transportation systems revenues.
    Read More
  • Aberdeen opts for wireless vehicle detection
    February 26, 2013
    After several years’ experience of loop detector failures, primarily identified as being caused by damage from roadworks or degradation of aging road surfaces, Aberdeen City Council opted to use the Golden River M100 wireless detection system from Clearview Traffic. Each compact M100 sensor is typically installed in the middle of a traffic lane where it detects the presence and passage of vehicles and communicates this information wirelessly to the traffic signal controller via an access point and contact c
    Read More

Highlighted Content