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| This product business was transferred to the prominent US security company Vanderbilt |
Effective from 1st June 2015, the global Siemens Building Technologies Division has completed the sale of its Security Products business. This product business, which offers hardware for intrusion detection, access control and video surveillance, was transferred to the prominent US security company Vanderbilt.
All affected employees have transferred to Vanderbilt, which will remain an important product supplier to Building Technologies over the long term.
This successfully concludes Building Technologies' divestment of its Security Products business. Building Technologies is continuing to focus its efforts on working with customers to enhance security operations, manage risk and maintain business continuity. Siemens integrated security solutions reduce loss and improve safety across multiple market sectors including critical national infrastructure, utilities, transportation, commercial, financial, industrial and public space.
"We will continue to offer our own security products from our broad Siveillance portfolio as well as the security element for our command and control platform Desigo CC," explained René Jungbluth, global head of the solutions business at Building Technologies. "Security solutions are a fundamental pillar of our offering. By focusing on our state-of-the-art software-based security solutions, we are expanding our traditional strengths in the solutions business. We remain a strong and reliable technology partner for our extensive customer base."
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