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

  • Thales to acquire big data analytics company Guavus
    April 28, 2017
    Thales is to acquire the US big data analytics specialist Guavus, following several acquisitions in the fields of connectivity, mobility and cyber security. The acquisition opens broad opportunities for Thales in areas including predictive maintenance, cyber security, monitoring of critical infrastructures, network and telecommunication systems optimisation. Founded in 2006, Guavus has focused on the telecommunication and cable network operators’ market and has built a recognised industrial “big data” platf
    Read More
  • Kapsch CarrierCom acquires Prodata Mobility Systems
    July 17, 2014
    Kapsch CarrierCom has strengthened its public transport portfolio with the acquisition of public transport solutions provider Prodata Mobility Systems, a division of Belgium-headquartered Prodata Technology Group. The acquisition enables Kapsch CarrierCom to extend its range into ITS in public transport. Prodata’s automated fare collection solutions will provide public transport customers with integrated and stand-alone point of sale solutions, ticket machines and online and mobile portals. In addition,
    Read More
  • PTV extends cooperation with Gevas
    March 22, 2012
    German software provider PTV has taken a minority stake in Gevas software, a leading traffic engineering firm, further strengthening the companies' close ties. PTV has also acquired product rights for important ITS software components, while Gevas will be able to sharpen its profile as project and integration solutions partner.
    Read More
  • Berg Insight: Fleet Management in Australia and New Zealand expected to grow in years to come
    October 27, 2017
    The number of Fleet Management (FM) systems in active use is forecasted to grow at a compound annual growth rate of 15.7% from almost 0.7 million units in 2016 to 1.4 million by 2021. The findings come from the latest report from Berg Insight: Fleet Management in Australia and New Zealand - 2nd edition, which also estimates that the penetration rate in the total population of non-privately-owned fleet vehicles used by businesses is estimated to increase from 14.8% in 2016 to 27.8% in 2021.
    Read More

Highlighted Content