Tyco Retail acquires FootFall

Neuhausen, Switzerland - Tyco Retail Solutions, the retail performance and security business of Tyco, has acquired U.K.-based retail intelligence technology provider FootFall for $560 million in cash. FootFall provides end-to-end technology, services and retail analytics solutions to collect, measure, and analyze customer traffic in their stores and property portfolios.



FootFall manages more than 50,000 devices installed in approximately 13,000 retail sites, which capture more than 15 billion shopper visits across 11 markets in Europe, Asia Pacific, and North America.



Together, FootFall and Tyco Retail Solutions will accelerate commercial delivery of shopper analytics and traffic intelligence solutions for retailers worldwide. The combined offering will be deployed through Tyco’s global professional services and installation network.



The addition of FootFall to Tyco’s operations is expected to generate approximately $39 million in revenue on an annualized basis.