GE Security was a division of General Electric Inc's GE Enterprise Solutions. It was acquired by UTC on March 1, 2010 and is now part of UTC Fire & Security. GE Security's division provides intrusion alarm systems, integrated security systems, fire systems, access control, video surveillance, explosives and illegal drug detection, key control/lockbox, fiber optic transmission, machine guarding, and more. GE Security is based in Bradenton, FL.
GE Security is primarily aimed at businesses (medium to large), organizations, and governments, but products from GE Security are available for both residents and small businesses. GE Security includes different families of detection systems, web-based surveillance systems, and aviation security products, such as handheld and walk-thru explosive/narcotics portals. Much of General Electric's fire systems came from the acquisition of Edwards Systems Technology from SPX Corporation in May 2005.
On November 12, 2009, GE Security announced that it had signed a definitive agreement with United Technologies Corporation for UTC to acquire GE’s Security business for $1.82B. The transaction was approved by the boards of both companies, and the sale closed on March 1, 2010.
Famous quotes containing the word security:
“Those words freedom and opportunity do not mean a license to climb upwards by pushing other people down. Any paternalistic system that tries to provide for security for everyone from above only calls for an impossible task and a regimentation utterly uncongenial to the spirit of our people.”
—Franklin D. Roosevelt (1882–1945)