DALLAS - The worldÃ¢â‚¬â„¢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.
SANTA CLARA, Calif. - Only a few months after securing several million dollars in financing, Ortega InfoSystems moved to new headquarters here, a sign of the companyÃ¢â‚¬â„¢s plans to build its business over the next few months.
SAN DIEGO, Calif. - Two men who signed agreements to distribute automatic theft detection products from a company that later became Sensormatic have filed a lawsuit against the company and its parent Tyco International claiming they are no longer receiving royalties that are due to them.
Some companies this year have discussed the benefit of moving from operating their own central stations to partnering with a third party monitoring center, including RFI Communications, Red Hawk Fire & Security and Comtronics. Will more companies switch to using wholesale centrals?