Tag: Alex Housten
UTC finalizes S2 Security deal, combines S2 and Lenel
October 3, 2018Spencer Ives
PALM BEACH GARDENS, Fla.—UTC Climate, Controls & Security has completed its recently announced purchase of S2 Security, and will combine the newly acquired company with Lenel, creating LenelS2. Terms of the deal were not disclosed.
LenelS2 will provide scalable, customer solutions in the access control and security management systems industry, serving global enterprises to small- and mid-sized companies, the announcement said. The business is part of UTC Climate, Controls & Security, a unit...
UTC Climate, Controls & Security agrees to buy S2 Security
September 26, 2018SSN Staff
PALM BEACH GARDENS, Fla.—UTC Climate, Controls & Security has agreed to acquire S2 Security, a developer of unified security and video management solutions. UTC Climate, Controls & Security provides fire safety, security, building automation, heating, ventilating, air conditioning and refrigeration systems, and is a unit of United Technologies Corp.“This move is well aligned with our strategic focus to grow our core business and increase innovation,” Alex Housten, VP & general manager,...