Tyco International Ltd. (NYSE: TYC) announced that that company completed the acquisition of Visonic Ltd. (TASE: VSC.TA), a global developer and manufacturer of electronic security systems and components, for approximately $100 million in cash. The acquisition was first announced on Sept. 15, 2011.
The Visonic business, which has annualized revenues of more $75 million, will be integrated into Tyco’s Security Products unit.