Microsoft Sells Metaswitch to Alianza
Microsoft agreed to sell software company Metaswitch to cloud player Alianza.
Bosch is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. The transaction encompasses three business units – Video, Access and Intrusion, and Communication – and thus the entire product business of Bosch Building Technologies that was offered for sale.
All 4,300 associates employed in these units at more than 90 locations worldwide will be taken over. The parties agreed that the purchase price and other details of the purchase agreement would not be disclosed. The transaction is subject to regulatory approvals and further customary closing conditions. It is expected to be closed by the end of the first half of 2025.
“It was our aim to find a suitable buyer who will acquire all three security and communications technology business units and offer their associates an outlook for the future. We have achieved that aim. Triton has presented a sustainable and credible growth strategy for the business. As an investor, moreover, it can provide a high level of industrial expertise and many years of experience in taking comparable companies forward,“ said Christian Fischer, deputy chairman of the board of management of Bosch.