Bosch Security Systems to Be Renamed Bosch Building Technologies
Bosch video systems, intrusion detection and access control business units will be merged to form a security business unit for integrated solutions.
Effective March 1, 2018, the Bosch Security Systems division will be known as Bosch Building Technologies. (Picture courtesy Bosch)
GRASBRUNN, Germany — Bosch Security Systems is getting a new name. Effective March 1, the division will be known as Bosch Building Technologies.
In the system integration business, Bosch Security Systems already offers its customers more than security, safety and communication technology solutions.
“We want the scope of our portfolio to be reflected better in our name as well,” Gert van Iperen, president of the Bosch Security Systems division, states in an announcement.
The division comprises two organizationally discrete units, the global product business and the regional system integration services business, which operates in eight countries.
In the eight countries, the system integration unit provides integrated solutions for commercial buildings. Depending on the region, the portfolio offers building security, energy services and building automation. For customers, this means planning, installation and operation of these solutions, as well as additional services, from a single source, according to the company.
Integrated Solutions From a Single Source
The product business — to be known as Bosch Security and Safety Systems — will continue to operate as a global supplier of video surveillance, intrusion, fire-alarm and voice-alarm systems, as well as of access control systems and management software, all under the Bosch brand. Its portfolio will include professional audio and conference systems for the transmission of voice, sound and music. The products are distributed exclusively to system integrators or through wholesale dealers.
The renaming will not affect the names of the division’s legal entities. The move comes in response to the growing demand for sector-specific, integrated security solutions, according to the announcement.
“In combining these three business units, our aim is to ensure we can meet our customers’ needs even better in the future. In the years ahead, we want to actively shape the process of transformation brought about by the internet of things, as well as to focus more on connectivity, integrated solutions, and services. At the same time, this move will strengthen our competitiveness,” van Iperen says.
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Very original rebrand, sounds just like Siemens Building Technologies. Makes it easy for the next M&A.