History
UTC entered the fire and security industry in July 2003 with the acquisition of Chubb. In April 2005, they expanded their presence with the acquisition of Kidde, and the business unit was renamed UTC Fire & Security. Later that year they acquired Lenel Systems International for $440M and Initial Fire and Security for £585M. In March 2010, UTC announced the acquisition of GE Security for $1.8B which was integrated under the Interlogix brand. On September 28, 2011, UTC announced Fire & Security would be merged with the Carrier division and renamed UTC Climate, Controls and Security Systems.
Read more about this topic: UTC Fire & Security
Famous quotes containing the word history:
“All objects, all phases of culture are alive. They have voices. They speak of their history and interrelatedness. And they are all talking at once!”
—Camille Paglia (b. 1947)
“I am ashamed to see what a shallow village tale our so-called History is. How many times must we say Rome, and Paris, and Constantinople! What does Rome know of rat and lizard? What are Olympiads and Consulates to these neighboring systems of being? Nay, what food or experience or succor have they for the Esquimaux seal-hunter, or the Kanaka in his canoe, for the fisherman, the stevedore, the porter?”
—Ralph Waldo Emerson (1803–1882)
“Humankind has understood history as a series of battles because, to this day, it regards conflict as the central facet of life.”
—Anton Pavlovich Chekhov (1860–1904)