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

  • Major funding for UK’s low carbon automotive technology
    January 19, 2016
    Five new innovative projects to develop new low carbon and energy efficient technology in the automotive sector have been awarded US$107 million of joint UK government and industry funding. The measure, which is set to boost jobs and growth in the sector, was announced today by Business Secretary, Sajid Javid, on a visit to the Morgan Motor Company. The funding has been awarded by the Advanced Propulsion Centre, a 10-year, US$1.4 billion joint partnership between Government and the automotive industry. T
    Read More
  • Swarco restructures UK traffic and parking business
    December 8, 2015
    As part of a previously announced strategy to strengthen its parking and electro-mobility businesses which it says is a key investment focus, Austrian traffic technology group Swarco has announced a restructuring of its UK business and a series of new appointments. The company has created a new parking and e-mobility division comprising APT SkiData, Veri-park, Evolt and APT Security Systems, to be led by Sean Dunstan, the former managing director of APT SkiData, who now assumes a much wider group role.
    Read More
  • IRD appoints new vice president
    January 6, 2017
    International Road Dynamics (IRD) has appointed Michael Wieck as vice president Intelligent Transportation Systems (ITS) Data Solutions. He will have with responsibility for the development and implementation of customer acquisition strategies to support the growth of IRD's traffic data and information solutions business with the company's Software as a Service (SAAS) for traffic intelligence solutions. Wieck has over 20 years of experience in the ITS industry, mainly focused on strategic business develo
    Read More
  • Trafficware redefines wireless detection technology
    April 19, 2013
    US traffic management solutions supplier Trafficware has developed the Valence Pod, a wireless vehicle detection system that the company says provides the reliability of loops without the need for cabling or wireless repeaters for the intersection and advanced detection. The Pod uses road sensors to detect the presence of vehicles, and can be used individually for a smaller zone or grouped with other Pods to create a larger, smarter detection zone. The omni-directional antenna will detect sensors from hundr
    Read More

Highlighted Content