Tyco Completes Separation Process
Tyco Integrated Security Focused Exclusively on Delivering Leading Security Solutions to Commercial Businesses
BOCA RATON, Fla.--(BUSINESS WIRE)-- Tyco (NYS: TYC) completed its separation transaction today, forming the world's largest dedicated fire protection and security company as measured by market share. Tyco Integrated Security will focus exclusively on providing security solutions that help commercial businesses protect what they value most. Tyco is focused on finding smarter ways to help 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 new company is focused on accelerating growth and increasing shareholder value by customizing, delivering and maintaining fire protection and security solutions. Tyco's broad portfolio of products and services allows the company to work with customers to help them meet diverse needs. Tyco's solutions address these critical needs in demanding environments via the latest innovations in fire detection, fire suppression, personal protective equipment, monitoring, intrusion detection, video surveillance, access control, retail performance and security solutions.
Tyco Integrated Security, formerly ADT Business Solutions, is the North American leader in commercial security and remains a part of the new Tyco post-separation. Tyco Integrated Security will continue to provide commercial security services with a deep understanding of both the local-market needs and the requirements of large enterprises. Additionally, customers will continue to experience national security coverage from the point of integration and installation, to ongoing management and services. More information about the company and its products and services can be found at the new website, www.TycoIS.com.
"Today marks an exciting day for Tyco Integrated Security, as we remain committed to helping protect what matters most to our customers. Backed by the resources of Tyco, we are able to help serve their needs even better than before," said Brian McDonald, COO, Tyco Fire & Security and Acting President of Tyco Integrated Security. "We are building on over 100 years of experience and will continue to be singularly focused on delivering efficient, intuitive security solutions customized to best meet our customers' needs."
About Tyco Integrated Security
A business unit of Tyco International Ltd., Tyco Integrated Security is North America's leading commercial security systems integrator, providing security and business optimization services to more than 500,000 customers. Headquartered in Boca Raton, Fla., Tyco Integrated Security has more than 10,000 employees throughout North America. For more information, visit www.TycoIS.com.
About Tyco International
Tyco International Ltd. (NYS: TYC) is a diversified company that provides vital products and services to customers around the world. Tyco is a leading provider of security products and services, fire protection and detection products and services, and industrial valves and controls. Tyco had 2011 revenue of more than $17 billion and has more than 100,000 employees worldwide. More information on Tyco can be found at www.tyco.com.
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