Technology News  |   Industry News  |   Product News  |   Business News  |   Event News  |
  CCTV Surveillance  |   Access Control  |   Biometric ID  |   Alarm & Detection  |   Security Parts & Devices  |   Integration & Convergence  |
  Corporate & Office  |   Education & Institutional  |   Financial  |   Game & Casino  |   Government & Public  |   Homeland Security  |   Hospital & Entertainment  |   IT Asset & Technology  |
  CCTV Surveillance  |   Access Control  |   Biometric ID  |   Alarm & Detection  |   Security Parts & Devices  |   Integration & Convergence  |
  CCTV Surveillance  |   Access Control  |   Biometric ID  |   Alarm & Detection  |   Security Parts & Devices  |   Integration & Convergence  |   Consulting & Services  |
  Edit Member Profile  |  Edit Company Profile  |  Change Password  |  My Resources Profiles  
  2009 MAR Issue   |   What is Digital Magazine?  |  How to use  |  Archives  |    
 
  SecurityWorldMag.com

SecurityWorld Online Magazine

Technology News

Industry News

Product News

Business News

Event News

Today's Headline News

Home > Today's Headline News

Tyco to sell infrastructure services business to AECOM

Tyco International Ltd. has announced that it has entered into a definitive agreement to sell substantially all of its Infrastructure Services business to AECOM Technology Corporation for approximately $510 million. Infrastructure Services, which operates under the name Earth Tech, Inc., provides consulting engineering, construction management and operating services for the water, wastewater, environmental, transportation and facilities markets. The business had revenue of $1.3 billion in 2007 and employs 7,000 people around the world.

AECOM, based in Los Angeles, CA is a $4.2 billion global engineering services company providing professional technical and management support services to customers in the transportation, facilities, environmental and energy markets.

"The sale of Infrastructure Services is an important step in the ongoing refinement of our portfolio and is consistent with our strategy to divest certain non-core businesses," said Tyco Chairman and Chief Executive Officer Ed Breen.

During 2007, Tyco agreed to sell a Brazilian subsidiary of Infrastructure Services for approximately $295 million, a transaction expected to close in the current fiscal quarter.

Completion of the AECOM transaction is subject to customary closing conditions, regulatory approvals and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

 

 

For more information, please send your e-mails to swm@infothe.com.

¨Ï2007 www.SecurityWorldMag.com. All rights reserved.

 

 
 

     IAS teams up with RiskWatch

     Partnership to deliver the next generation of home security



Wireless IP Cam...
Home Security S...
IP camera Netwo...
Home l New Product Showcase l Gold Suppliers l Trade Shows l email Newsletter l About SWM l Help l Site Map l Partnerships l Privacy Policy | Newsletter
Publisher: Choi Jung-sik | Edited by: Lee Sang-yul | Youth Protection Officer: Lee Sang-yul
Copyright Notice ¨Ï 2004-2007 www.SecurityWorldMag.com Corporation and its licensors. All rights reserved.