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. UTC has posted a new website dedicated to the combined UTC/GE new entity that share key details. The FAQ section 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. Nonetheless, GE Security suffers from significant competitive problems that are...
Comments : PRO Members only. Login. or Join.

Most Recent Industry Reports

Anyvision Facial Recognition Tested on Aug 21, 2019
Anyvision is aiming for $1 billion in revenue by 2022, backed by $74 million in funding. But does their performance live up to the hype they have...
JCI Sues Wyze on Aug 21, 2019
The mega manufacturer / integrator JCI has sued the fast-growing $20 camera Seattle startup Wyze. Inside this note: Share the court...
Dahua 4K Camera Shootout on Aug 20, 2019
Dahua's new Pro Series 4K N85CL5Z claims to "deliver superior images in all lighting and environmental conditions", but how does this compare to...
ZK Teco Atlas Access Control Tested on Aug 20, 2019
Who needs access specialists? China-based ZKTeco claims its newest access panel 'makes it very easy for anyone to learn and install access control...
Uniview Beats Intel In Trademark Lawsuit on Aug 19, 2019
Uniview has won a long-running trademark lawsuit brought by Intel, with Beijing's highest court reversing an earlier Intel win, centered on...
Suprema Biometric Mass Leak Examined on Aug 19, 2019
While Suprema is rarely discussed even within the physical security market, the South Korean biometrics manufacturer made global news this past...
Verkada People And Face Analytics Tested on Aug 16, 2019
This week, Verkada released "People Analytics", including face analytics that they describe is a "game-changing feature" that "pushes the...
Dahua OEM Directory 2019 on Aug 16, 2019
US Government banned Dahua OEMs for dozens of companies. The following directory includes 40+ of those companies with a graphic and links to...
Installation Course - Register Now on Aug 15, 2019
Register Now for the September 2019 Video Surveillance Install Course. This is a unique installation course in a market where little practical...
Axis Suffers Outage, Provides Postmortem on Aug 15, 2019
This week, Axis suffered an outage impacting their website and cloud services. Inside this note, we examined what happened, what was impacted...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact