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Read: United Technologies Puts Brakes on Selling Chubb Unit

United Technologies Puts Brakes on Selling Chubb Unit

UTC halted the sale of its fire-safety and security business due to recent market volatility, deciding to focus instead on its portfolio separation plans.

Read: UTC Execs Share Insights on Interlogix and LenelS2 Brands, Center for Intelligent Buildings

UTC Execs Share Insights on Interlogix and LenelS2 Brands, Center for Intelligent Buildings

Take an inside look at UTC’s Center for Intelligent Buildings. Also, executives weigh in on the Center’s impact, as well as busy happenings in the LenelS2 and Interlogix branches.

Read: UTC to Become Aerospace Pure Play With Plan to Split Into 3 Companies

UTC to Become Aerospace Pure Play With Plan to Split Into 3 Companies

The Climate, Controls & Security (CCS) unit will be renamed Carrier and spun off, as UTC explores divesting its fire and security business.

Read: UTC Selects Bidders for $3B Sale of Chubb Fire & Security, Report Says

UTC Selects Bidders for $3B Sale of Chubb Fire & Security, Report Says

Anonymous sources told Bloomberg UTC has received offers from Apax Partners and PAI Partners, as well as a joint bid from Eurazeo SE and Rhone Capital.

Read: Introducing LenelS2: UTC Combines Lenel and S2 Security After Acquisition

Introducing LenelS2: UTC Combines Lenel and S2 Security After Acquisition

LenelS2 will provide scalable, cutting-edge customer solutions in the access control and security management systems industry.

Read: UTC Could Be Seeking a Buyer for Chubb Fire & Security, Report Says

UTC Could Be Seeking a Buyer for Chubb Fire & Security, Report Says

Activist investors have been putting pressure on UTC to break up into three focused, standalone businesses, according to Reuters.

Read: UTC Climate, Controls & Security to Acquire S2 Security

UTC Climate, Controls & Security to Acquire S2 Security

S2 Security is a leading developer of enterprise security solutions, led by its Founder and CEO John Moss.

Read: United Technologies Opens Innovation and Technology Center

United Technologies Opens Innovation and Technology Center

The building, which serves as the global headquarters for UTC Climate, Controls & Security, was designed specifically to showcase state-of-the-art possibilities in the building technology space.

Read: UTC Fire & Security, Honeywell Beat Telemarketing Class Action-Suit

UTC Fire & Security, Honeywell Beat Telemarketing Class Action-Suit

Multidistrict lawsuits sought to hold both companies vicariously liable for calls made by other companies that were attempting to sell home monitoring systems made by UTC and Honeywell.

Read: ACRE Appoints Ron Virden as COO

ACRE Appoints Ron Virden as COO

Virden previously served as president and managing director for Global Security Products, Americas/Global Access Solutions at United Technologies Corp.

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