Re: UTC’s Interlogix division to close down by end of 2019

[Jim Davis <alarminex@xxxxxxx>]

On Sunday, September 22, 2019 at 12:59:25 PM UTC-4, Hogan wrote:
> Has anyone seen this,
>=20
>    "UTC=E2=80=99s Interlogix division, makers of a variety of residential=
 and commercial security product lines, has notified its employees and deal=
ers that it has begun the process of =E2=80=9Cwinding down=E2=80=9D busines=
s in the United States and Canada, and will no longer manufacture new produ=
cts by the end of 2019."
>=20
> Hogan

Surprise Surprise!

I don't get it. What's the purpose?=20

Is it that these large companies just  buy up smaller companies, suck the l=
ife out of them and discard them ? I mean it's not that Interlogix had any =
great secrets or something that would benefit UTC to the amount of $1.82 BI=
LLION !!!

Amazing!