ATLANTA—Now that he’s sold his fire business to Tyco, John Carter, president of Carter Brothers, plans to partner with a large company to provide security services on a national basis.
CORK, Ireland—Since the Tyco-Johnson Controls merger was completed in September 2016, the two security giants have joined forces to become an industry powerhouse, leveraging the combined brands to provide innovation on both the product and integration side of the business.
YARMOUTH, Maine—Industry consolidation will accelerate this year with two megamergers—the Tyco/JCI deal and the ADT/Protection 1 merger—expected to close by the end of 2016. Does this activity help or hurt the industry? Respondents to Security Systems News’ latest news poll who said massive consolidation is good just barely edged out those who said these megadeals hurt the industry. Meanwhile, another group of respondents said they have other things to worry about.
CORK, Ireland—Tyco today announced that it will present at the sixth annual International Women's Day Forum being hosted by the U.S. Chamber of Commerce and the United Nations Office for Partnerships in New York on March 7 and 8. The event will convene public and private sector leaders to explore inclusive solutions that create opportunities for women and girls around the world.
CORK, Ireland—Tyco on Jan. 26 announced that it has completed the $175 million cash acquisition of ShopperTrak, a Chicago-based global provider of analytics for the retail industry.
MILWAUKEE and CORK, Ireland—In a deal that brings strategic security capabilities and substantial tax benefits, Johnson Controls announced today that it will merge with Tyco. The deal was approved by the board of directors of both companies and is expected to close at the end of 2016.
WESTFORD, Mass.—Tyco Security Products is collaborating with Nest Labs on integrations between connected home security products to create “new experiences,” according to Greg Blackett, Tyco’s strategic project managing marketing manager.
CORK, Ireland—Tyco today announced it has named former Dish Network executive Robert E. Olson, 56, EVP and CFO effective in November. He will replace Arun Nayar, 65, who will retire at the end of the year.
