UTC-GE Closed: What Becomes of GE Security's Products and Brands?

By: John Honovich, Published on Feb 28, 2010

Important new information on the future of GE Security's products and brands have been disclosed as part of the formal confirmation that the UTC-GE deal has closed [link no longer available]. UTC has posted a new website dedicated to the combined UTC/GE new entity [link no longer available] that share key details. The FAQ section [link no longer available] is the most important to read for those interested in the future of GE products. Key points:

  • UTC has licensed the GE brand for at least 3 years overall and 10 years for the global video surveillance products (Given GE's decidedly 'mixed' reputation in security, this has its advantages and disadvantages).
  • UTC Fire and Security President emphasized that the potentially conflicting UTC services businesses would be managed separately from GE's product businesses. This is, of course, easiler said than done.
  • UTC argues that the acquisition benefits the security business by: "the GES portfolio will build scale and complement Lenel's leadership in enterprise software and Onity’s capabilities in electronic locks." We are not sure how adding such dead weight to Lenel will benefit them.
  • They confirmed again that GE Security's revenues were only $1.2 Billion in 2009 (this was projected last year before the close of the deal).
  • UTC disclosed GE Security's revenue breakdown: 50% security products, 30% fire safety products, 20% fire and security service. Though fire was widely cited as the key to this deal, the majority of revenue is from security.
  • 2/3rds of GE Security's revenue came from North America.
  • UTC says they will not speed up discontinuing GE products: "GES has great products. It is UTCFS’ intention to continue to invest in these products with obvious consideration to normal product lifecycles."
  • UTC says they are committed to the residential market.
  • Casi-Rusco: UTC plans to continue offering both Casi-Rusco and Lenel (good news to their competitors and probably painful to Lenel). UTC states, "UTCFS believes that GES has a strong portfolio of products and brands that customers recognize and value, including Casi-Rusco/FCWnx. UTCFS intends to continue to offer customers a broad portfolio of brands that meet their specific requirements. The company also believes this offering gives us more channel coverage with the many Value-Added Resellers (VARs) in the industry."
  • In UTC Fire and Security President's overview video, he notes 75 new products were introduced in the last 2 years and that 50 are in development. This is fairly low for such a large, multi-billion dollar organization.

Contrast this to the initial plan disclosed by UTC when the acquisition was announced.

1 report cite this report:

GE Security Sale -- UTC to Buy GE Security on Nov 09, 2009
UTC has agreed to buy GE Security - confirmed directly by UTC [link no longer...
Comments : Members only. Login. or Join.

Related Reports

Milestone Launches Multiple Cloud Solutions on Feb 18, 2020
Milestone is going to the cloud, becoming one of the last prominent VMSes to...
Don't Deceive. Lessons From Scott Schafer on Mar 20, 2020
Deception is bad. We can learn some important lessons from Scott Schafer, a...
NetApp Presents Hybrid Cloud Video Archive on May 11, 2020
NetApp presented its hybrid S3 cloud video archive at the April 2020 IPVM New...
Genetec Security Center 5.9 Release Examined on Feb 06, 2020
Genetec released the next major version of Security Center, less than a year...
IC Realtime Moving Away From China Manufacturing on Jul 23, 2020
IC Realtime is promising "real change". The company historically has sold...
The Insecure Verkada Access Control System on Jun 25, 2020
While Verkada touts the security of its system and that how their new door...
Every VMS Will Become a VSaaS on Feb 21, 2020
VMS is ending. Soon every VMS will be a VSaaS. Competitive dynamics will be...
Genetec Drops Support for Dahua and Hikvision on Jun 01, 2020
Genetec has dropped support for Dahua and Hikvision, citing US blacklisting...
Dahua CEO Is Out on Feb 28, 2020
Dahua CEO Li Ke has resigned less than 3 years after he was brought in from...
Milestone Presents XProtect On AWS on May 04, 2020
Milestone presented its XProtect on AWS offering at the April 2020 IPVM New...
ISC West 2020 Finally Cancelled on Jun 25, 2020
ISC West has now been cancelled for the third time, now for all of...
Dahua Critical Cloud Vulnerabilities on May 12, 2020
Dahua has acknowledged a series of cloud vulnerabilities that researcher...
"He Is An Idiot!" Exclaims SIA Director John Mack on Mar 23, 2020
Here is another inside look into the "leaders" of the security industry. SIA...
USA's Seek Scan Thermal Temperature System Examined on Apr 01, 2020
This US company, Seek, located down the road from FLIR and founded by former...
PDQ Presents Cloud Mobile Access Smart Locks on May 04, 2020
PDQ presented its mobile, wireless access system 'pdqSmart' at the April 2020...

Recent Reports

Dangerous Hikvision Fever Camera Showcased by Chilean City on Aug 07, 2020
Deploying a fever camera outdoors, in the rain, with no black body, is...
"Grand Slam" For Pelco's PE Firm, A Risk For Motorola on Aug 07, 2020
The word "Pelco" and "grand slam" have not been said together for many years....
FLIR Stock Falls, Admits 'Decelerating' Demand For Temperature Screening on Aug 07, 2020
Is the boom going to bust for temperature screening? FLIR disappointed...
VSaaS Will Hurt Integrators on Aug 06, 2020
VSaaS will hurt integrators, there is no question about that. How much...
Dogs For Coronavirus Screening Examined on Aug 06, 2020
While thermal temperature screening is the surveillance industry's most...
ADT Slides Back, Disappointing Results, Poor Commercial Performance on Aug 06, 2020
While ADT had an incredible start to the week, driven by the Google...
AHJ / Authority Having Jurisdiction Tutorial on Aug 06, 2020
One of the most powerful yet often underappreciated characters in all of the...
SIA Coaches Sellers on NDAA 889B Blacklist Workarounds on Aug 05, 2020
Last month SIA demanded that NDAA 899B "must be delayed". Now that they have...
ADI Returns To Growth, Back To 'Pre-COVID Levels' on Aug 05, 2020
While ADI was hit hard in April, with revenue declining 21%, the company's...
Exposing Fever Tablet Suppliers and 40+ Relabelers on Aug 05, 2020
IPVM has found 40+ USA and EU companies relabeling fever tablets designed,...
Directory of 201 "Fever" Camera Suppliers on Aug 04, 2020
This directory provides a list of "Fever" scanning thermal camera providers...
Face Masks Increase Face Recognition Errors Says NIST on Aug 04, 2020
COVID-19 has led to widespread facemask use, which as IPVM testing has shown...
Dahua Loses Australian Medical Device Approval on Aug 04, 2020
Dahua has cancelled its medical device registration after "discussions" with...
Google Invests in ADT, ADT Stock Soars on Aug 03, 2020
Google has announced a $450 million investment in the Florida-based security...