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

  • Sale of AnsaldoBreda and Ansaldo STS to Hitachi completed
    November 3, 2015
    Finmeccanica and Hitachi have announced the closing of transactions relating to Hitachi’s acquisition of the business of AnsaldoBreda, with the exclusion of some revamping activities and certain residual contracts, and Finmeccanica’s entire economic interest in Ansaldo STS, equal to approximately 40 per cent of its issued share capital. Finmeccanica has selected Hitachi as the best industrial partner to ensure a successful long term repositioning of its transportation business and believes integration in
  • Kapsch TrafficCom wins $355 million nationwide ETC system in Belarus
    June 19, 2012
    Kapsch TrafficCom has won an order, valued at just over US$355.5 million, for the implementation and operation of a nationwide electronic toll collection system in the Republic of Belarus. The agreement signed by Erwin Toplak, COO of Kapsch TrafficCom, and Ivan I. Shcherbo, Minister for Transportation and Communication of the Republic of Belarus, extends over a total road network of 2,743km and is for both the implementation of a dedicated short-range communication-based system as well as its operation over
  • Johnson Controls-Saft to supply batteries for China EV platforms
    February 3, 2012
    Johnson Controls-Saft, a specialist in the development and manufacture of advanced lithium-ion batteries for hybrid and electric vehicles, will supply the complete battery system for two electric vehicle platforms, which will be launched by the Beijing Electric Vehicle Company (BEVC), a subsidiary of Beijing Automotive Industry Company (BAIC).
  • Developing Mexico's ITS standards and infrastructure
    February 28, 2013
    Promoting open market conditions for ITS deployment remains a major part of Mexico’s recent infrastructure modernization program. Travis P Dunn, partner at D’Artagnan Consulting, looks at the progress so far. In the past six years, Mexico has embarked on an ambitious infrastructure modernization program, calling for the construction and improvement of more than 19,000km of road infrastructure and the deployment of advanced technologies that improve safety, efficiency, and convenience for road users. One of