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From five names to one, Speco Technologies emerges

The unified name is expected to help the company promote itself more effectively
 - 
08/01/2003

AMITYVILLE, N.Y.

Linear adds SpeakerCraft under its belt

SSN Staff  - 
08/01/2003

CARLSBAD, Calif. - Architectural speaker company SpeakerCraft has joined the family of audio and video companies owned by Linear Corp.

Benfield Electric creates security supplier from scratch

Electricians’ security product requests prompts Benfield to open a security division
 - 
08/01/2003

WHITE PLAINS, N.Y.

Bioscrypt funding an insurance policy

 - 
08/01/2003

TORONTO - A $5 million (Canadian) round of funding is expected to provide biometric technology company Bioscrypt with a cushion should its expectation of becoming cash flow positive by years-end not pan out.

The funding was from J.

Briefs

SSN Staff  - 
08/01/2003

Tyco lays off last of anti-shoplifting tag makers

BOCA RATON, Fla. - The last of 30 employees who made anti-shoplifting tags for clothing were laid off by Tyco International in July, as the company streamlined operations by moving production to its plant in Puerto Rico.

Asian sensing company latest GE purchase

 - 
08/01/2003

PLAINVILLE, Conn. - A few short weeks after announcing that technology acquisitions would be in its future, GE Interlogix held true to its word, buying Kampro Technology, a Taipei, Taiwan-based maker of image sensing technology.

OnQ Tech adds missing link

 - 
08/01/2003

HARRISBURG, Pa. - While already a successful home networking system supplier with rising revenues, OnQ Technologies has made an appointment to its executive team that provides the missing link in its business development process.

Ultra-Scan readies fingerprint ID roll out

Funds will be used to market its biometric technology
 - 
08/01/2003

AMHERST, N.Y.

Electrical component maker Schneider vies for TAC

The company seeks a presence in the building automation and controls market
 - 
08/01/2003

DALLAS - The world’s largest manufacturer of circuit breakers, Schneider Electric, plans to move into the building automation and control market with a proposal to buy TAC AB, a Swedish company with its Americas headquarters located here.

The $438 million deal represents significant growth potential for Schneider Electric, with the building control and automation market expected to grow more than six percent a year.

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