The acquisition will reinforce work done by Schneider Electric’s subsidiary, Building Automation, whose scope covers electronic security, fire safety and power and HVAC (heating, ventilation and air-conditioning) control. Building Automation’s security division made sales worth €155m last year.
Pelco had sales of $506m in 2006, and made significant R&D investments to develop its systems (7.5 per cent of sales). Under the acquisition contract, it will lead the Fire & Security Product Division of Building Automation.
In the video security industry, communication is shifting from pure analogue protocols to IP and software-based solutions. It can be used in conjunction with or replace other security systems such as intruder detection, fire alarm or access control.