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

  • Global ADAS market is expected to reach US$60.14 billion by 2020
    May 13, 2015
    A new report from Allied Market Research, Global Advanced Driver Assistance Systems Market Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020 claims the global advanced driver assistance systems (ADAS) market will reach US$60.14 billion by 2020, registering a CAGR of 22.8 per cent during 2014-2020. According to the report, the deployment of sensors in vehicles has brought a massive transformation in the automotive industry by providing improved passenger experience and safet
    Read More
  • Kapsch to deploy advanced traffic management systems in Latin America
    October 5, 2018
    Kapsch TrafficCom says it is strengthening its presence in Latin America through the delivery of its traffic management systems in three countries. The combined value of the contracts is approximately €15 million. Kapsch’s EcoTrafix urban traffic management software will be used to integrate existing urban traffic control and management systems in Buenos Aires, Argentina. The solution is expected to improve coordination between agencies and will control more than 3,800 intersections, 60 variable message si
    Read More
  • Regulation time-lag will hit driverless technology hard says leading consultancy BDO
    August 8, 2018
    The legislation surrounding driverless cars is lagging so far behind the technology involved that the industry is unlikely to see a regulatory framework in place any time soon says leading international business, finance and taxation consultancy BDO. And IEEE, "the world’s largest technical professional organisation dedicated to advancing technology for the benefit of humanity" can only see problems ahead as the politicians fall further and further behind. BDO has been looking at a report from www.Spectr
    Read More
  • Growth of ANPR applications for enforcement, tolling and more
    February 1, 2012
    Automatic number plate recognition continues to find new applications beyond the traditional. In coming years, we can expect the application set to grow significantly Moore's Law has seen to it that computer processing power has improved out of all comparison in the 30-plus years since the first working Automatic Number Plate Recognition (ANPR) system was created by the UK's Police Scientific Development Branch. The attendant increases in systems' capabilities have resulted in ANPR being deployed globally
    Read More

Highlighted Content