Johnson Controls Inc, a US maker of car batteries and heating and ventilation equipment, agreed to acquire Ireland-based peer Tyco International in a $16.5 billion deal that will lower its tax bill, the companies said on Monday.
Safety and security product maker Tyco International said it would buy Industrial Safety Technologies (IST), which makes gas and flame detection gear, from Battery Ventures for $329.5 million.
Tyco shares were down two per cent at
CEM Systems, part of Tyco Security Products, has secured a major project to install a security management system at the Khalifa Port in Abu Dhabi.
The CEM AC2000 SE (Standard Edition) system was installed by CEM approved reseller
Abu Dhabi Investment Council has installed the AC2000 SE (standard edition), an access control and integrated security management system, from UK’s CEM Systems at its Al Bahar Towers headquarters.
AC2000 SE was selected to s
Tyco International Ltd announced today that it has completed its acquisition of a 75 per cent equity stake in the United Arab Emirates-based KEF Holdings.
KEF is an integrated valve manufacturer and provider of steel castings to the oil an
Tata Communications, a leading global provider of a new world of communications, said it has earmarked around $200 million for the development of its telecom operations in the Middle East region over the next two years.
The Indian group al