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Raytheon Technologies Corporation announced on Friday, April 3, that the all-stock merger between the company and United Technologies Corporation (UTC) has been completed. This merger follows the completion of the spin-offs of UTC’s Carrier and Otis businesses. UTC first announced its intention to separate its commercial businesses into independent entities in Nov. 26, 2018.
Interlogix, a provider of commercial and residential security, announced it will close its businesses in the U.S. and Canada after a “thorough portfolio review” of its security business.
When United Technologies Corp. (UTC), Hartford, Conn., (parent company of Casi-Rusco) announced that it would “end-of-life” its Secure Perfect and Picture Perfect solutions, it sent integrators — and other manufacturers such as AMAG Technology (AMAG), Torrance, Calif. — searching for a solution to provide to end users.
The March 2011 Insider News & Business offers the following headlines: Wisconsin CO Alarm Requirement Enacted;GVI Security Lays out Plans for the Future;4 Installation Companies Consolidate Businesses;UTC Fire & Security Sells Guarding Business;Jerry Foster Receives Career Achievement Award,and many more!