News
United Technologies Closes on GE Security acquisition
March 2010 by Marc Jacob
United Technologies Corp. (NYSE:UTX) announced today it closed on its agreement to purchase the GE Security business from GE.
The GE Security business, formerly part of GE Home & Business Solutions, supplies security and life safety technologies through a broad product portfolio for commercial and residential applications.
UTC first announced its agreement to acquire the GE Security business in November 2009. The business now becomes part of UTC Fire & Security, which provides fire safety and security solutions to more than 1 million customers worldwide.
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