Tyco International announced that it has completed the acquisition of Industrial Safety Technologies (IST), a global leader in gas and flame detection, from Battery Ventures for $329.5 million in cash. On an annualized basis, this business is expected to generate approximately $140 million in revenue.
Tyco International announced today that it has reached an agreement to acquire Industrial Safety Technologies (IST), a global leader in gas and flame detection, from Battery Ventures, for $329.5 million in cash.
Tyco International today announced the completion of the merger between Tyco International Ltd. and its wholly owned subsidiary, Tyco International plc, a company incorporated under the laws of Ireland. As a result of the merger, each shareholder of Tyco International Ltd. received one share of Tyco International plc for each share of Tyco International Ltd. held immediately prior to the merger.
Exacq Technologies, part of the Security Products business unit of Tyco has announced an integration with the Proximex Surveillint physical security information management (PSIM) solution. Surveillint connects and correlates information from disparate systems into one centralized environment to help mitigate risk, ensure compliance and lower total cost of ownership.
Tyco announced the appointment of Stephen Wasdick as Vice President, Global Communications. In this role, Mr. Wasdick serves as the company's chief communications officer, with global responsibility for external communications, media relations, internal communications, marketing, web and social media strategies. He also serves on the company's Executive Council. Based in Princeton, N.J., he reports to Judith Reinsdorf, Executive Vice President & General Counsel.
CEM Systems, part of Tyco Security Products, is pleased to announce the winners of the 2013 CEM Business Partners of the Year Awards. Pentagon received the Business Partner award for their success in the Africa region, Tyco Fire & Security UAE LLC for Middle East, ADT Security Plc for UK & Ireland and BT Applied Technology (BTAT) for the overall EMEA region. The winners were announced at the prestigious annual CEM Conference held in Belfast, 8th-10th April 2013.
Tyco completed its separation transaction today, forming the world's largest dedicated fire protection and security company as measured by market share.
Tyco International today announced that its shareholders have approved the spinoffs of its North American ADT business and its flow control business. As a result, the Company expects to complete the distributions of equity interests in The ADT Corporation ("ADT") and Tyco Flow Control International Ltd.
Tyco International (NYSE: TYC) announced that it will host an investor meeting on September 18, 2012 in New York City to discuss the Fire & Security and ADT businesses resulting from the company's planned separation. The meeting will be held in the Hudson Theatre at the Millennium Broadway Hotel located at 145 West 44th Street in Times Square starting at 8:30 a.m. (EDT).
CEM Systems industry leading portable reader, the S3030, is a lightweight and rugged hand-held card reading device for use with the CEM AC2000 access control and security management system. It can be used for ID card validation at remote sites or temporary entrances which have no power, and can be used as a mobile device for random checks within pre-defined zones.