Match Honeywell/ADI model? Could see that play for sure. Tyco is also most likely one of Anixter's top wire customers for OEM applications.
I have not heard or seen any facts. That's not to say it's true or false.
It would be, on first thought, a little confusing, having a manufacturer / integrator own a distributor but perhaps someone thinks their is value in vertical integration.
Financially speaking, it's probably possible, given that Tyco has a maket valuation of 8 times Anixters (~$16 billion vs $~$2 billion).
consolidating Anixter branches into the Tri-Ed brand would eliminate redundancies that exists between the two. That translates into less operating expense (phycial properties and employees) and better margin. This is something that Anixter could do today but not without damaging morale. If Tyco comes in then its just part of the corporate overhaul.
Tyco SP is struggling to get a channel to sell their CCTV products with the exception of DSC. This makes a lot of sense for them to aquire Anixter.
Here is an article from Goldman regarding Anixter begging to be aquired.
as a side note, it would interesting if IPVM did a Q&A with Goldman about the security industy in general.