RISCO Group Acquires Controlling Interest In Residential Security System Provider, Electronics Line

The acquisition of Electronic Line strengthens RISCO's position and offering in the residential market

RISCO Group, a leading provider of integrated security solutions, announced the acquisition of controlling interest in Electronics Line 3000 Ltd., a provider of security solutions for the residential and small commercial market. RISCO's intention is to maintain Electronics Line's independent operations and product offerings, and to grow it to become the residential arm of RISCO Group by expanding the product portfolio into video and management solutions together with its major partners worldwide.

"The acquisition of Electronic Line strengthens RISCO's position and offering in the residential market. This growing segment requires superior technological solutions in a competitive and easy to use platform," said Moshe Alkelai, Chairman and CEO of RISCO Group.