Tyco Completes Acquisition of Industrial Safety Technologies

Tyco Internationalannouncedthat it has completed the acquisition of Industrial Safety Technologies (IST), a global leader in gas and flame detection, from Battery Ventures for $329...

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.

The combination of IST with Tyco's Scott Safety business will make Tyco one of the largest global designers and manufacturers of gas and flame detection products, offering customers a full range of safety solutions across both fixed and portable detection.

 

Business Partner

Tyco International Ltd.

Freier Platz 10
8200 Schaffhausen
Switzerland

Business Partner contact







most read

Photo
03.07.2024 • NewsSecurity

Radar is Vital in Security Design

Radar has been applied for demanding applications for decades. It was originally used by the military and to help with airplane and ship navigation, environments that set high standards for reliability and precision.