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

  • TomTom expands fleet management market
    January 24, 2013
    TomTom Business Solutions has joined forces with stolen vehicle recovery specialist LoJack to expand the North American distribution network for its fleet management technology. LoJack will use its extensive dealer network to market, sell and support TomTom’s range of fleet management solutions, including TomTom PRO, TomTom Link 510, TomTom Webfleet, ecoPlus as well as the Live services including HD Traffic. “This strategic alliance enables both companies to strengthen their position as best-in-class provid
  • Kapsch’s scalable tolling back office accepts mixed feeds
    September 15, 2014
    Arno Klamminger and Wolfgang Fleischer from Kapsch’s ETC Business Unit outline a new back office solution which addresses the ongoing changes in the road user charging sector. The rapidly increasing scale of some Road User Charging (RUC) schemes, both current and proposed, presents systems developers and manufacturers with significant opportunities in terms of product sales. However, it also presents them with significant challenges - and size is but one part – as at regional, national and international lev
  • Ansys acquires Optis to provide simulation for AV testing
    May 8, 2018
    US engineering company Ansys has bought virtual prototyping firm Optis to develop a solution for simulating autonomous vehicles (AVs) to improve safety and accelerate their deployment. Under the agreement, Optis' optical sensor and closed-loop, real-time simulation will be integrated into Ansys' multiphysics portfolio to help remove the miles of road needed for road testing. The combination of these technologies is intended to allow automotive manufacturers to simulate the environments which driverless
  • Robot becomes Jenoptik Robot from today
    February 2, 2012
    Robot Visual Systems, a wholly-owned subsidiary of Jenoptik for over 10 years, has from today changed its trading name to Jenoptik Robot GmbH.