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.
Activist investors have been putting pressure on UTC to break up into three focused, standalone businesses, according to Reuters.
S2 Security is a leading developer of enterprise security solutions, led by its Founder and CEO John Moss.
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.
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.
Virden previously served as president and managing director for Global Security Products, Americas/Global Access Solutions at United Technologies Corp.
ABCO has acquired Trico Security, which specializes in access control and IP video surveillance systems.
Led by North America, the building automation systems market is forecast to grow threefold in the next 10 years.
The DIY smart home kits and new automation offerings will be featured in the Interlogix booth at CES
Sales are up 1% to $14.9 billion, while adjusted earnings per share rose to $1.82.