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Information and communication group Pinnacle Holdings (PNC) has acquired Devtrade to increase its foot-hold in the security and life safety market‚ the company announced on Monday.

Devtrade is a specialised supplier‚ design and marketing support centre for a range of products‚ including CCTV‚ public address‚ fire detection and gas suppression.

The acquisition has broadened the reach of Pinnacle Holdings into the greater security industry‚ Pinnacle said.

“The combination of Devtrade and Pinnacle Security Solutions (Pinnsec) – formerly known as the ‘CCTV division’ of Pinnacle – has culminated in a unique offering that combines world class distribution with technology and service excellence that caters to larger and more complex projects‚” it said. - I-Net Bridge