Tyco completes ShopperTrak acquisition

    Feb. 2, 2016
    Retail analytics provider now part of TSP
    Related To:

    CORK, Ireland, Jan. 26, 2016 /PRNewswire/ -- Tyco International plc (NYSE: TYC) announced today that it has completed its previously announced acquisition of ShopperTrak, a Chicago-based leading global provider of analytics for the retail industry, for approximately $175 million in cash. 

    ShopperTrak's solutions include perimeter traffic counting, in-store consumer behavior analytics and industry benchmarking.  Combining these capabilities with its existing loss prevention, inventory intelligence and retail traffic analytics solutions, Tyco now offers retailers a unique combination of insights that they can use to make more informed decisions to improve their revenue and profitability.

    ShopperTrak currently generates approximately $75 million of annual revenue.  The financial results of this business will be reported within both the North America and Rest of World Integrated Solutions and Services segments.

    ABOUT TYCO
    Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than three million customers around the globe with the latest fire protection and security products and services. Tyco has over 57,000 employees in more than 900 locations across 50 countries serving various end markets, including commercial, institutional, governmental, retail, industrial, energy, residential and small business. For more information, visit www.tyco.com.