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.
06/04/2010
Risco Group acquires Electronics Line 3000
Rishon Le Zion, Israel
Risco Group announces the acquisition of controlling interest in Electronics Line 3000 Ltd., a provider of security solutions for the residential and small commercial market.
Global
