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Tag: Seimens


Is a Securitas/Niscayah reunion imminent?

May 19, 2011Martha Entwistle

STOCKHOLM, Sweden—Is it strange that guarding giant Securitas, which divested itself of its systems integration business (Securitas Systems, now Niscayah) five years ago, this week made a bid to buy that very same business back? It may be an unusual situation, but it's a deal that makes a lot of business sense for both Securitas and Niscayah, Imperial Capital's John Mack told Security Systems News. And it's a deal that Mack predicted is likely to get done. “You can see the rationale,”...

Adesta, ADT, Alf Goransson, Diebold, Eva Lindqvist, G4S, Håkan Kirstein, Imperial Capital, John Mack, Johnson Controls (JCI), Latour, MSAB, Niscayah, SakI, Securitas, Securitas Systems, Seimens, Tomas Franzén

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Schneider said to mull bid for Tyco

April 12, 2011Martha Entwistle

PARIS—Schneider Electric, based here, is working with bankers to assess a bid for Tyco International, according to an April 11 Bloomberg report, which cited “three people with knowledge of the matter.” Tyco spokesman Paul Fitzhenry declined comment, and a spokesperson for Schneider Electric on April 13 issued a statement saying it is not currenlty in talks with Tyco regarding a potential strategic transaction between the two companies. The deal is in the early stages and is not...

ADT, Carol Levenson, Gimme Credit, Kevin McCaughey, Paul Fitzhenry, Pelco, Schneider Electric, Seimens, TAC

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