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Pittway Corp. to Purchase Maker of Closed-Circuit TV Systems

December 19, 1994

Undated (AP) _ Pittway Corp., a leading maker of burglar and fire alarm equipment, said Monday it has agreed to acquire an American Trading and Production Corp. unit that makes closed-circuit television systems.

Terms weren’t disclosed.

Chicago-based Pittway, which expects sales of $500 million this year, said the deal should be completed by the end of this year.

Javelin Electronics Division, the unit of Baltimore-based American Trading, makes closed-circuit systems based on personal computers for security, correctional and traffic-management markets.

Pittway said the Torrance, Calif.-based unit will be the core operation of its new closed-circuit business.

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