Carrier Global Corporation (NYSE:CARR) is eyeing the sale of its industrial fire alarm business as soon as the end of this quarter and plans to sell or spin off the residential alarm business as well, according to Chief Executive Officer David Gitlin. The Palm Beach Gardens, Florida-based company is in talks with ?a number of potential buyers? for the industrial side, David Gitlin said Tuesday in an interview with Bloomberg Television.

The actions would represent a change in strategy from September, when Bloomberg News reported that Carrier was exploring public stock listings for the industrial and residential parts of its alarm unit, which includes carbon monoxide detection and other safety-related products and services.