Integrated Systems

Tyco to acquire Exacq

by Mark Rowe

The multi-national Tyco Security Products is acquiring Exacq Technologies, the US-based video management software firm.

According to Tyco, this acquisition furthers Tyco’s disciplined growth strategy, while expanding the company’s technology and product portfolio.

Exacq, based in Indianapolis, Indiana, is expected to generate annual revenues in the fiscal year 2014 of about $75 million.

Mike Ryan, pictured, President of Tyco Security Products, said: “The addition of Exacq to our video portfolio expands our best-in-class video solutions. The quality of Exacq’s products coupled with ease of use and ease of installation help us address the needs of a very different type of video user than we do with our current portfolio. Meeting the varied requirements of the diverse video customer base provides us with a unique position in the security industry, and increases Tyco Security Products’ leadership position in the video security business.”

The company says that it intends to integrate Exacq into its Tyco Security Products business unit, which covers access control, video, location-based tracking and intrusion products.

For more, visit www.tyco.com and www.exacq.com.

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