Monday, June 23, 2025
  • Home
  • World

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    Jamaica Tourism Launches a Brand-New Campaign “70 Days of Jamaica Love” to Celebrate 70 Years of Jamaica

    Ethiopian Airlines Strengthens India Network with Launch of Hyderabad Route

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

  • National
    • All
    • Economy & Politics
    • Election

    The Home Minister confidently reiterates that the country will be free from Naxalism by March 31, 2026

    Shivraj Singh Chouhan reviews ICAR-Central Institute of Agricultural Engineering in Bhopal

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Install CCTV Cameras at K.R. Market: Suralakar Vikas Kishor

    Rumi- The Spirit of Awadh Pioneers Transit Media to Promote “Dastan-e-Aam” Featuring Renowned Dastango Dr. Himanshu Bajpai

    Indian Author and Human Rights Advocate Rajesh Talwar Honoured with the University of Nottingham Alumni Award

  • Business

    Campus Fund Launches Third Fund of $100 Million

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    LIC Housing Finance reduces lending rates to 7.50% on new home loans

  • Health

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

    GNC India Launches Protein Wafer

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

  • Technology
    • All
    • Environment
    • Science

    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

    Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan to visit Hyderabad on Monday

    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    LTIMindtree Signs MoU with IIM Mumbai to Launch Postgraduate Program for Executives in AI-led Experience Design

    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

  • Auto

    Force Motors along with BMW Group India Celebrates the Roll-Out of its 100,000th engine from the Chennai Plant

    Clara Luciani, Kavinsky & Please Join the Line-Up of Renault’s festiv4L

    -“The addition of the Montra Electric SUPER CARGO to our product portfolio marks an exciting new chapter of growth for us in the last-mile delivery segment”.–Mr. Jalaj Gupta, MD, TI Clean Mobility Private Limited 

    Maruti Suzuki Grand Vitara becomes the fastest SUV to clock 3 Lakh sales in its segment*

  • Sports

    Union Minister Dr. Mansukh Mandaviya leads Fit India Sundays on Cycle in New Delhi in collaboration with Yogasana Bharat; Says Even One Pedal in cycle is Making India a Fitness Powerhouse

    It’s a Numbers Game – Statistical Deep Dive of the GMR Rugby Premier League after Week 1

    Visa Signs Football Phenom Lamine Yamal as a Global Ambassador for FIFA World Cup 26™

    PVL Season 4 Auction: Bengaluru Torpedoes pick up Jishnu PV for a whopping 14 lakh

  • Entertainment

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

  • Lifestyle
    • All
    • Food
    • Travel

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    Ethiopian Airlines Strengthens India Network with Launch of Hyderabad Route

    Titan Unveils Bold New Collection with Sobhita Dhulipala

    GNC India Launches Protein Wafer

No Result
View All Result
  • Home
  • World

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    Jamaica Tourism Launches a Brand-New Campaign “70 Days of Jamaica Love” to Celebrate 70 Years of Jamaica

    Ethiopian Airlines Strengthens India Network with Launch of Hyderabad Route

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

  • National
    • All
    • Economy & Politics
    • Election

    The Home Minister confidently reiterates that the country will be free from Naxalism by March 31, 2026

    Shivraj Singh Chouhan reviews ICAR-Central Institute of Agricultural Engineering in Bhopal

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Install CCTV Cameras at K.R. Market: Suralakar Vikas Kishor

    Rumi- The Spirit of Awadh Pioneers Transit Media to Promote “Dastan-e-Aam” Featuring Renowned Dastango Dr. Himanshu Bajpai

    Indian Author and Human Rights Advocate Rajesh Talwar Honoured with the University of Nottingham Alumni Award

  • Business

    Campus Fund Launches Third Fund of $100 Million

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    LIC Housing Finance reduces lending rates to 7.50% on new home loans

  • Health

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

    GNC India Launches Protein Wafer

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

  • Technology
    • All
    • Environment
    • Science

    AMD Unveils Vision for an Open AI Ecosystem, Detailing New Silicon, Software and Systems at Advancing AI 2025

    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

    Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan to visit Hyderabad on Monday

    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    LTIMindtree Signs MoU with IIM Mumbai to Launch Postgraduate Program for Executives in AI-led Experience Design

    “By uniting our talent and expertise, we can drive progress toward a more climate-resilient and healthier future.” -Dr M.C. Sudhakar,  Minister for Higher Education, GoK.

  • Auto

    Force Motors along with BMW Group India Celebrates the Roll-Out of its 100,000th engine from the Chennai Plant

    Clara Luciani, Kavinsky & Please Join the Line-Up of Renault’s festiv4L

    -“The addition of the Montra Electric SUPER CARGO to our product portfolio marks an exciting new chapter of growth for us in the last-mile delivery segment”.–Mr. Jalaj Gupta, MD, TI Clean Mobility Private Limited 

    Maruti Suzuki Grand Vitara becomes the fastest SUV to clock 3 Lakh sales in its segment*

  • Sports

    Union Minister Dr. Mansukh Mandaviya leads Fit India Sundays on Cycle in New Delhi in collaboration with Yogasana Bharat; Says Even One Pedal in cycle is Making India a Fitness Powerhouse

    It’s a Numbers Game – Statistical Deep Dive of the GMR Rugby Premier League after Week 1

    Visa Signs Football Phenom Lamine Yamal as a Global Ambassador for FIFA World Cup 26™

    PVL Season 4 Auction: Bengaluru Torpedoes pick up Jishnu PV for a whopping 14 lakh

  • Entertainment

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

    Sri Sai Gold Palace’s 7th store inaugurated in Malleshwaram,Bengaluru.

    Lulu Mall Hosts Bangalore’s Biggest Non-Alcoholic Holi Celebration

  • Lifestyle
    • All
    • Food
    • Travel

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    Ethiopian Airlines Strengthens India Network with Launch of Hyderabad Route

    Titan Unveils Bold New Collection with Sobhita Dhulipala

    GNC India Launches Protein Wafer

No Result
View All Result
No Result
View All Result
Home Business

BOSCH SELLS SECURITY AND COMMUNICATIONS TECHNOLOGY PRODUCT BUSINESS TO TRITON

by FWM
December 12, 2024
in Business
0

12 Dec 2024

Bosch Building Technologies division to focus on systems integration business in the future
• Transaction encompasses the entire product business of Bosch Building Technologies that was offered for sale.
• Purchaser will take over roughly 4,300 associates at more than 90 locations.
• Transaction expected to be closed by the end of the first half of 2025.

Stuttgart, Germany – Bosch is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. The transaction encompasses three business units – Video, Access and Intrusion, and Communication – and thus the entire product business of Bosch Building Technologies that was offered for sale. All 4,300 associates employed in these units at more than 90 locations worldwide will be taken over. The parties signed agreements to this effect on December 12. It has been agreed that the purchase price and other details of the purchase agreement will not be disclosed. The transaction is subject to regulatory approvals and further customary closing conditions. It is expected to be closed by the end of the first half of 2025.

An outlook for the future and a new departure for the business units

ADVERTISEMENT

Back in October 2023, Bosch had announced that, as part of its realignment of its Building Technologies division, it would be selling most of the division’s product business.

„It was our aim to find a suitable buyer who will acquire all three security and communications technology business units and offer their associates an outlook for the future. We have achieved that aim. Triton has presented a sustainable and credible growth strategy for the business. As an investor, moreover, it can provide a high level of industrial expertise and many years of experience in taking comparable companies forward,“
says Christian Fischer, deputy chairman of the board of management of Robert Bosch GmbH, with responsibility for Bosch Group portfolio management and thus also for this planned transaction.

With its investments, Triton focuses on European companies in the industrial, healthcare, and business services sectors. “We are pleased to have reached an agreement with Bosch and to be the preferred buyer for the security and communications technology product business. We want to support the management and employees to continue the strong growth trajectory that this business recently saw by providing not only capital, but also our know-how from having owned and successfully developed other companies in the security space,” says Claus von Hermann, Managing Partner and Co-lead of the Industrial Tech team at Triton.

Peter Loeffler, the CEO of Bosch Building Technologies’ product business, adds: “With Triton as our new owner, its expertise and support we will have a strong base for further, profitable growth. We will work together to push ahead with innovations in the security and communications area – to the usual high quality standards and with comprehensive expertise. The entire team is looking forward to making our new company a success and will remain a reliable partner for our customers.”
Realignment of Bosch Building Technologies

As part of its realignment, the Bosch Building Technologies division is to focus on its regional integrator business, with solutions and services for building security, energy efficiency, and building automation. The goal of Bosch Building Technologies is to become a globally leading supplier of systems integration and to seize the attractive opportunities for growth in this segment. Because of its importance for systems integration, the product business with fire-alarm systems is to be merged with the integrator business and continued.

Following the transaction, Bosch Building Technologies will have roughly 8,000 associates in 8 countries. As a product-agnostic systems integrator with a wide-ranging portfolio of energy and building solutions, the division intends to benefit in the future from digitalization and a growing customer demand for integrated, intelligent, and cross-domain solutions in the areas of building security, energy efficiency, and building automation.

Tags: BOSCH BUILDING TECHNOLOGIES DIVISIONBosch GroupGermany.Stuttgart

FWM

Related Posts

Business

Campus Fund Launches Third Fund of $100 Million

by FWM
June 22, 2025
Business

MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

by FWM
June 22, 2025
Business

LIC Housing Finance reduces lending rates to 7.50% on new home loans

by FWM
June 21, 2025
Business

Global Wealth Report 2025: Wealth growth accelerated in 2024

by FWM
June 18, 2025
Business

Global Energy Transition Gains Ground, but Security and Capital Challenges Persist

by FWM
June 18, 2025

Stay Connected

Union Minister Dr. Mansukh Mandaviya leads Fit India Sundays on Cycle in New Delhi in collaboration with Yogasana Bharat; Says Even One Pedal in cycle is Making India a Fitness Powerhouse

June 23, 2025

The Home Minister confidently reiterates that the country will be free from Naxalism by March 31, 2026

June 23, 2025

Shivraj Singh Chouhan reviews ICAR-Central Institute of Agricultural Engineering in Bhopal

June 23, 2025

Recent News

Union Minister Dr. Mansukh Mandaviya leads Fit India Sundays on Cycle in New Delhi in collaboration with Yogasana Bharat; Says Even One Pedal in cycle is Making India a Fitness Powerhouse

June 23, 2025

The Home Minister confidently reiterates that the country will be free from Naxalism by March 31, 2026

June 23, 2025

Shivraj Singh Chouhan reviews ICAR-Central Institute of Agricultural Engineering in Bhopal

June 23, 2025

Campus Fund Launches Third Fund of $100 Million

June 22, 2025
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Exit mobile version