Tyco Complete Separation Process
Tyco completed its separation transaction today, forming the world’s largest dedicated fire protection and security company as measured by market share.
Post separation, the company’s Security Products business unit and its renowned brands, including American Dynamics, Software House, Kantech, DSC, CEM, Bentel, and Visonic, remain an intrinsic part of the new organization. Tyco’s Security Products has historically developed some of the world’s most technologically advanced intrusion, video, access control, and real-time tracking solutions for use in a variety of security-critical markets.
“As a vital part of this new, more focused Tyco, our business is more committed than ever to delivering the innovative products, solutions, and services that are our customers’ preferred choice,” said Mark VanDover, President of Tyco’s Security Products business unit. “Whether it’s securing Fortune 500 companies, providing operational efficiencies to educational, healthcare and government facilities, or protecting private residences, we are committed to finding smarter ways to save lives, improve businesses and protect where people live and work.”
Tyco, with more than three million customers and 69,000 employees in 50 countries, is a $10+ billion global leader in fire protection and security solutions. The company’s broad portfolio of products and services, bolstered by the Security Products robust offering, allows the company to partner with customers to help them meet diverse needs. The new company is focused on accelerating growth and increasing shareholder value by designing, delivering and maintaining fire protection and security solutions.