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

  • Supply chain issues: AGD looks ahead
    June 2, 2022
    There are multiple causes for current global supply chain issues – and this isn’t likely to improve in the near future. Ian Hind of ITS manufacturer AGD Systems spells out how to mitigate the impact
    Read More
  • Efkon presents N-Force Tablet at Intretraffic
    April 5, 2016
    Efkon is using Intertraffic to highlight its innovative and reliable enforcement solutions, and will also present the company’s N-Force Tablet. The new device, a mobile unit for DSRC enforcement of on-board units, is a handy, easy-to-manage and powerful solution ideal for electronic tolling, parking, access management or digital tachograph enforcement services.
    Read More
  • Cohda Wireless appoints sales director for Europe
    August 31, 2018
    Connected autonomous vehicle technology company Cohda Wireless has appointed Jochen Steinhauer as sales director Europe. He will work in Cologne, Germany, and report to vice president of business development, Bernd Luebben. Steinhauer has 20 years of sales and management experience in the technology sector and previously worked at Internet of Things company Telit Communications. He also worked with Swiss manufacturer U-blox for five years and held senior roles with Atmel and NEC Electronics.
    Read More
  • Transaxiom shows method to ensure charity funds get to their planned destination
    November 5, 2014
    Anecdotal evidence suggests that only 60% of donations made to developing nations actually reach the people they are supposed to help. But UK company Transaxiom presented at CARTES SECURE CONNEXIONS a method that aims to eliminate this loss. “The moment you hand over the cash, you have no idea what’s happening to it,” says Ram Banerjee, (right) co-founder and director of Transaxiom.
    Read More

Highlighted Content