Tyco buys Pursuit technology
exerts:-
The deal has met Pursuit’s stated goal of licensing the technology in 2006 ahead of schedule. (A rarity a company producing the goods ahead of scedule!!!!)
Tyco Fire & Building Products is a leading manufacturer of water-based fire suppression system components and ancillary building construction products, distributing more than 28 million sprinklers worldwide every year and serving customers in residential, commercial, industrial, and institutional building projects.
Pursuit can now look at meeting other targets including with its decontamination system, PDX Basilick, which may be licensed soon. (go on short it haha)