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CRITICOMCritical Intelligence Communications
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Longwood, FL, October 16, 2013 --( SecureNet Technologies and Criticom Monitoring Services announced a multi-year strategic partnership to deliver hardware and software solutions for security and automation in homes and businesses in the United States.
CMS and Criticom International constitute the largest wholesale monitoring company in the United States, providing wholesale alarm monitoring to high-end installers and providers of intrusion, environmental and life safety security products and services to residential, commercial, medical and industrial customers.
Ultra Electronics, which has a major facility at Rugeley in Staffordshire, has agreed to buy US video conferencing company Criticom for up to EUR33 million (pounds 16.75 million) in cash.
"Criticom is a company that complements Ultra's existing battlespace IT and secure communication systems capabilities," said Ultra Electronics chief executive Douglas Caster.
In the year ended December 31, Criticom achieved sales of EUR19.3 million (pounds 9.8 million).