Smith & Wesson acquires USR

SPRINGFIELD, Mass., July 21 (UPI) -- U.S. company Smith & Wesson Holding Corp. announced it has completed its acquisition of security systems solutions provider Universal Safety Response Inc.

Smith & Wesson announced it acquired USR as part of an effort to expand into the perimeter security solutions market. USR, expected to operate as a wholly owned subsidiary of Smith & Wesson, is an integrated perimeter security solutions provider and developer of the Grab vehicle safety barrier.

"USR is a highly respected brand name in the industry, and its state-of-the-art, turnkey security systems embody innovation, expertise, and the highest levels of quality," Michael Golden, Smith & Wesson Holding president and chief executive officer, said in a statement.

"USR is a tremendous compliment to our own Smith & Wesson brand and products, expanding our reach beyond firearms, and into the broader market for products and services that exemplify safety, security and protection."