News

UTC Fire & Security to Acquire Invensys’ FireX Safety Division


FARMINGTON, Conn., December 21, 2007 – UTC Fire & Security announced that it has entered into an agreement to acquire the FireX Safety Division of Invensys plc for cash consideration of $44 million, subject to customary closing conditions.  UTC Fire & Security is a business unit of United Technologies Corp. (NYSE:UTX).

The FireX Safety Division manufactures and sells residential smoke and carbon monoxide alarms and generated sales of $80million in the fiscal year ending March 31, 2007.

UTC Fire & Security is a global provider of fire safety and security solutions serving more than one million customers worldwide. United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the building and aerospace industries worldwide.

Media contact:

Kimberly Reidy
860.284.3094
Kimberly.reidy@fs.utc.com