SecuritySavant

According to Bloomberg, the GE security division may be purchased by UTC for at least $1.8B.  There has been much speculation over who would be willing and able to acquire GE Security and certainly UTC has been one of the few contenders.

GE security products have suffered from lack of innovation and research and development.   Despite the widely recognized name, they have not been able to significantly build their market share.  This may be attributed to their inability to leverage the strength of solid companies they acquired, but rather methodically dismantle a successful company with a great reputation (e.g. IFS).  The most attractive piece of the business seems to be the EST product line, which is a market leader in fire and life safety products.