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Tyco International

iControl gets $50m

Funds will speed up availability of platform, energy management apps
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06/23/2011

PALO ALTO, Calif.—IControl co-CEOs Jim Johnson and Paul Dawes said they were originally looking for a $30 million investment, but there was so much interest that they got $50 million. They even turned away some investors whose interests didn’t align with iControl’s strategy, they said.

Tyco looks to acquire Visonic

Visonic products align with ADT's interactive service Pulse
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06/21/2011

BOCA RATON, Fla.—Tyco International, parent company of ADT, is in talks to acquire security product manufacturer Visonic, which is based in Tel Aviv, Israel.
“I can confirm that we’re in discussion with Visonic and that may or may not lead to definitive transaction,” Tyco spokesman Paul FitzHenry told Security Systems News on June 21.

Tyco International has new HQ for ADT North America

Received more than $1 m. in state and local economic incentives
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06/06/2011

BOCA RATON, Fla.— At the dedication of ADT's new North American headquarters scheduled for today, Tyco International CEO Ed Breen will thank local and state government officials for their support—which helped the corporation secure more than $1 milliion in economic incentives for the project.

Tyco acquires Broadview/Brink's for $2B

What was the multiple paid? Discussions continue
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01/19/2010

SCHAFFHAUSEN, Switzerland, and IRVING, Texas--ADT's parent company, Tyco International, announced this week that it will acquire Broadview Security, formerly Brink's Home Security, for $2 billion. The exact multiple paid for the transaction appears to be in the mid 40s, though discussions continue on that topic.

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