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

  • Cale Access adds parking enforcement to product range
    January 10, 2013
    Swedish parking services provider Cale Access has expanded its product offering with the acquisition of parking enforcement company Mobiway, manufacturer of Smartpark and Nice, a complete solution for enforcement queries and permits. Cale Access says this acquisition, and the addition of Smartpark to the current product offering, is a further step in the group’s ongoing strategy to offer complete parking solutions. “This solution is exactly what the industry needs to connect all payment suppliers on the mar
    Read More
  • Ouster and Velodyne to merge
    November 9, 2022
    Lidar companies say they plan to 'unlock enormous synergies' with financial deal
    Read More
  • Iteris contract wins boost order backlog
    January 7, 2016
    Iteris has added approximately US$24 million in new signed contracts in the last three months, reaching a company record US$52 million in backlog for its transportation systems business division, representing an approximate 60 per cent increase from this point in time one year ago. These contracts broaden the firm’s transportation management and connectivity services providing additional software and hardware solutions; services include commercial vehicle operations (CVO), transit, performance monitoring, t
    Read More
  • Hyperloop opens global innovation centre for logistics in Brazil
    April 10, 2018
    Hyperloop Transportation Technologies (HyperloopTT) has opened a global innovation centre in Minas Gerais, Brazil, with the intention of creating an ecosystem to help solve global challenges in logistics. Called XO Square, the 43,000 sq/ft facility will house the company’s logistic research division, a fabrication lab and an ecosystem of global companies, startups, universities, innovators, scientists and governments. XO Square is supported by the government of the State of Minas Gerais, the State of
    Read More

Highlighted Content