GE May Sell Security Business

General Electric Co. may sell its security business, said a Reuters report.

GE Security is a manufacturer of fire, safety and security systems, and other related products.

The report said that United Technologies Corporation, a provider of products and services to the building systems and aerospace industries, may consider the acquisition, in addition to Robert Bosch GmbH and Tyco International, Ltd.. GE Security is estimated to be worth $2 billion.

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