Electronic security systems - News

Robert Bosch GmbH to acquire Extreme CCTV Inc.

Acquisition extends Bosch Security Systems' product portfolio and geographic presence in Canada, U.K. and U.S.Extreme CCTV Inc. and Robert Bosch GmbH, Stuttgart, Germany, recently jointly announced that they have entered into a definitive agreement whereby Bosch will acquire all outstanding shares of Extreme common stock at a price of C$5.00 per share in cash, resulting in an aggregate purchase price of approximately C$93 million. The purchase price represents a premium of approximate...