MONROE, N.C. (December 10, 2015): Scott Safety, a Tyco business, announced today that it
has acquired Industrial Safety Technologies (IST), a global leader in gas and flame detection
from Battery Ventures. The Tyco purchase price was $329.5 million in cash. The combination of
IST and Scott Safety makes Tyco one of the largest global designers and manufacturers of gas
and flame detection products and reinforces Tyco’s commitment to growing its gas and flame detection business.