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News Breaks
April 30, 2014
07:15 EDTALLEAllegion acquires Fire & Security Hardware
Allegion announced that is has acquired Fire & Security Hardware. The company said, "The transaction strengthens Allegionís presence in the Australian security market while bringing innovative electro-mechanical technologies that can be applied globally." The acquisition of the privately-owned company, which distributes its products primarily through wholesale and systems integrator channels, gives Allegion ownership of the FSH brand and product portfolio, which includes a number of innovative patent-protected electric strikes and latches. Allegion will run FSH out of the FSH headquarters in Sydney, Australia and will continue to sell product under the FSH brand. Trev Mackle, managing director of FSH, will stay with Allegion for a transitional period.
News For ALLE From The Last 14 Days
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October 30, 2014
06:39 EDTALLEAllegion reports Q3 organic revenue growth of 6.4%
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06:11 EDTALLEAllegion raises FY14 adjusted EPS to $2.37-$2.42 from $2.30-$2.40
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06:09 EDTALLEAllegion reports Q3 EPS adjusted 68c, consensus 65c
Reports Q3 revenue $546.7M, consensus $534.74M
October 29, 2014
09:31 EDTALLEBocom System wins $25M project from China Telecom in Wahu City
Bocom System, a strategic brand of Allegion (ALLE), recently signed an agreement, in alliance with China Telecom (CHA), for the Wuhu City Skynet Project valued at $25M. Bocom System has participated in smart city projects in Shanghai, Tangshan, Shijiazhuang, Handan, Xiían, Xining, Haikou, Guiyang, Puer and Shenzhen. Bocom System is capitalizing on its expertise in these areas. The project will be executed in Wuhu, the second largest economy in Anhui Province. In 2013, Wuhuís GDP reached more than $34B . The city is part of a 90-pilot smart cities initiative by Chinaís Ministry of Housing and Urban-Rural Development.
October 16, 2014
10:01 EDTALLEAllegion selects Xerox in five-year agreement
Allegion (ALLE) selected Xerox (XRX) to support the companyís IT infrastructure as part of a five-year agreement. Xerox will support Allegionís infrastructure by managing IT services.

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