Banker Hired to Examine Odetics Unit

Odetics Inc., an Anaheim technology company, said Wednesday that it has retained an investment banker to help explore “strategic alternatives” for its Gyyr unit, which produces electronic security equipment.

S.G. Cowen will help Odetics evaluate options for Gyyr, which Odetics has been planning to spin off.

Odetics has acted as an incubator for companies that supply communications equipment for broadcast television, video security, telecommunications and intelligent transportation systems markets.