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.
Moshe Alkelai, Chairman and CEO of Risco Group, said: “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.”
About Electronics Line 3000 Ltd.
Electronics Line 3000 Ltd. is a global provider of wireless security with remote management solutions for the mass market.
Multiple technologies and applications are integrated in the solutions to enable real-time, two-way data, audio and video solutions.
The company partners with leading monitoring companies, distributors, and residential service providers to create unique solutions. Electronics Line 3000 is a public company traded on the Frankfurt Stock Exchange (XETRA: ELN).
About Risco Group
Risco Group creates IP based integrated security solutions for the global security markets. From software solutions to high-performance wired and wireless integrated systems, the company develops products according to customers’ requirements and industry standards.
Risco Group’s solutions for buildings and control rooms, detector technology, intrusion, video and access control systems are found in commercial, industrial, institutional and residential applications around the world.
Subscribe to the IFSEC Insider weekly newsletters
Enjoy the latest fire and security news, updates and expert opinions sent straight to your inbox with IFSEC Insider's essential weekly newsletters. Subscribe today to make sure you're never left behind by the fast-evolving industry landscape.
Sign up now!
