Bosch announced Thursday it plans to sell most of its Building Technologies division’s product manufacturing business and instead focus on its regional systems integration business.
The German multinational engineering and technology company said it is now looking for a buyer that will take on its solutions and services for building security, energy efficiency and building automation. This includes the video surveillance, access control and intrusion, and communication business units, and affects some 4,300 associates at more than 90 locations worldwide.