UTC Fire & Security (UTCFS) Acquires GE Security

UTC Fire & Security (UTCFS) has completed the acquisition of GE Security, demonstrating the continued commitment of parent company United Technologies Corporation (UTC) to investing in the global fire and security industry.

UTC is a company founded on principles of innovation, and is very pleased that GE Security continued to invest heavily in new product development through the economic downturn and now has an attractive suite of new products and product enhancements soon to be launched.

The GE Security company will do business as UTC Fire & Security, and has licensed the rights to use the GE mark on products for varying periods of time. Additionally, UTCFS recognises that GE Security has terrific brands in its portfolio and intends to preserve and enhance their value in the marketplace.

UTC is deeply committed to the fire and security industry as a core commercial business. Since 2003, and with the addition of GE Security, UTC has invested nearly $9 billion in building a strong position in an industry with attractive fundamentals and significant long-term growth prospects. Its goal is to be a distinguished leader in this industry and will continue to invest accordingly.

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