Tag: Eaton Global Corp.
Eaton Corp. to buy fire & security parent company for $11.5b
May 22, 2012Martha Entwistle
Eaton Corp.—a $13.7 billion diversified power management company that provides electronic components for the aviation and transportation sectors and whose CISO Gareth Webley delivered the keynote address at TechSec 2011 —announced yesterday that it's acquiring Cooper Industries in an $11.46 billion cash-and-stock deal. Cooper Industries' Cooper Safety business is a provider of fire, security, and mass notification equipment, among other products.
Here's a story Tess wrote in May 2011...