United States. General Electric's surveillance unit that makes cameras and alarms could be sold for about $2 billion, bloomberg reports. However, the company's directives have not confirmed the news.According to the portal, GE would have hired JP Morgan to make the sale of its video surveillance division, indicating that its possible buyers would be United Technologies or Tyco International, companies that have not commented on the matter.
In April, Safran bought 81% of GE's national protection business, at the time GE Security CEO Dean Seavers said this deal would allow the company's security unit to focus on the core of the business: intrusion, video and transmission, access, controllers, fire and communications, which would allow them to be more focused on their distributor channel and drive the solutions that will make this channel more satisfying.
Source: Bolsamania.com and Bloomberg.
