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

  • Verizon acquisition boosts fleet management portfolio
    August 3, 2016
    In a deal worth around US$2.4 billion, US-based Verizon Communications is to acquire Fleetmatics Group as it seeks to accelerate its position as a provider of fleet and mobile workforce management solutions. Fleetmatics has developed a wide range of software as a service (SaaS)-based products and solutions for small and medium-sized businesses. According to Verizon, the combination of products and services, software platforms, strong customer bases, domain expertise and experience, as well as the recent
    Read More
  • Swarco strengthens position in American ITS market
    August 26, 2016
    Austrian traffic technology group Swarco has entered a definitive agreement to acquire California, US-based McCain based, which supplies traffic controllers, cabinets, signals, signs and software for the urban traffic market. The deal, scheduled to close on 31 August 2016, outlines Swarco’s intent to purchase 100% of the shares of the McCain. The parties agreed not to disclose the purchase price. Swarco plans to build upon the McCain brand; founder and owner Manfred Swarovski said they both have comp
    Read More
  • Intertraffic to see extended Kapsch ITS portfolio
    February 6, 2014
    Kapsch TrafficCom will come to Intertraffic Amsterdam 2014 with a significantly strengthened portfolio of solutions. The acquisition, just a few weeks ago, of Transdyn, one of the leading advanced traffic management software and systems integration companies in the US market, well-known for its Dynac ATMS (Advanced Traffic Management Software), now enables Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems to its current and future custome
    Read More
  • IRD awarded Caltrans WIM maintenance deal
    June 27, 2014
    International Road Dynamics (IRD) is to provide the California Department of Transportation (Caltrans) with equipment maintenance, software maintenance, and on-call service for their state-wide network of weigh-in-motion (WIM) systems at approximately 250 locations across the state. This new service agreement has a total value of US$4.7 million and provides for the maintenance of both Caltrans' commercial vehicle enforcement systems and traffic data collection systems from for the next three years.
    Read More

Highlighted Content