| Tyco International Ltd. | | Image:Tycoseal.gif | | Type | Public (NYSE: TYC) | | Founded | 1960, incorporated 1962 | | Headquarters | Pembroke, Bermuda
Operational and Corporate: Princeton, New Jersey | | Key people | Edward D. Breen, Chairman & CEO | | Industry | Conglomerate | | Products | Electronics, Healthcare, Aerospace, Plastic, Security, Industrial Products | | Revenue |
 $39.727 billion USD (2005) | | Operating income |
$5.795 billion USD (2005) | | Net income |
$3.032 billion USD (2005) | | Employees | 247,900 (2006)[1] | | Website | tyco.com | Tyco International Ltd. NYSE: TYC is a conglomerate incorporated in Bermuda, with United States operational headquarters in New Jersey. Major business areas of Tyco include electronic components, health care, fire safety, security, and fluid control. The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...
Year 1960 (MCMLX) was a leap year starting on Friday (link will display full calendar) of the Gregorian calendar. ...
Year 1962 (MCMLXII) was a common year starting on Monday (the link is to a full 1962 calendar) of the Gregorian calendar. ...
Nassau Street, Princetons main street. ...
Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ...
Electronics is the study of the flow of charge through various materials and devices such as, semiconductors, resistors, inductors, capacitors, nano-structures, and vacuum tubes. ...
Health care or healthcare is one of the worlds largest and fastest growing professions. ...
Look up aerospace in Wiktionary, the free dictionary. ...
This article or section does not cite any references or sources. ...
This article needs additional references or sources for verification. ...
For the tax agency in the United Kingdom of the same name, see HM Revenue and Customs. ...
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ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...
Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ...
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ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...
Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ...
Image File history File links No higher resolution available. ...
ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...
Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...
For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ...
For the Manfred Mann album, see 2006 (album). ...
A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML...
The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...
Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ...
Official language(s) English de facto Capital Trenton Largest city Newark Area Ranked 47th - Total 8,729 sq mi (22,608 km²) - Width 70 miles (110 km) - Length 150 miles (240 km) - % water 14. ...
Tyco International Ltd. has no connection with Tyco Toys, a division of Mattel. Tyco Toys is a division of the Mattel toy company. ...
Mattel Inc. ...
1980s In the late 1980s Tyco started a series of acquisitions and growth. Companies acquired during this time included: - Mueller Company
- Wormald
- Hindle valves
- Earth Technology Corporation
- Thorn Security
- ADT
- Electrostar
- Wells Fargo alarms
- AMP (1998)
- Siemens Electrochemical Components
For a full list of Tyco acquisitions please see (here(PDF))
1990s
 Cover scan of the final issue of Tyco World In 1992, Dennis Kozlowski became CEO of Tyco, and for the next several years, the company adopted an aggressive acquisition strategy, eventually acquiring (by some accounts) over 1000 other companies between 1991 and 2001. Image File history File links Tyco_World_final_issue_cover_-_1. ...
Image File history File links Tyco_World_final_issue_cover_-_1. ...
Year 1992 (MCMXCII) was a leap year starting on Wednesday (link will display full 1992 Gregorian calendar). ...
Leo Dennis Kozlowski (born November 16, 1946, Newark, New Jersey) is a former CEO of Tyco International, convicted of misappropriating more than $400 million of the companys funds. ...
A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ...
Look up acquisition in Wiktionary, the free dictionary. ...
Year 1991 (MCMXCI) was a common year starting on Tuesday (link will display the 1991 Gregorian calendar). ...
Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ...
In 1993 Tyco launched The Pipeline the internal employees newsletter. This was later changed to Tyco World. The final issue of which was published in April/May of 2006. After the acquisition of ADT Security, Tyco moved its incorporation to Bermuda in 1997. While publicly part of the merger (ADT was already incorporated in Bermuda), this move was controversial as it was seen as a use of a tax haven. This tax advantage was promoted in literature to shareholders and investors. Year 1993 (MCMXCIII) was a common year starting on Friday (link will display full 1993 Gregorian calendar). ...
For the Manfred Mann album, see 2006 (album). ...
Year 1997 (MCMXCVII) was a common year starting on Wednesday (link will display full 1997 Gregorian calendar). ...
A tax haven is a place where certain taxes are levied at a low rate or not at all. ...
In 1999, just prior to a stock split, rumors of accounting irregularities surfaced. The rumours were strongly denied by Tyco's leadership, who accused the sources of selling Tyco shares short for personal gain. Partly in response to this, shareholders fought a proxy battle to reincorporate in Delaware, but this effort was rebuffed by the board of directors. Year 1999 (MCMXCIX) was a common year starting on Friday (link will display full 1999 Gregorian calendar). ...
Stock split refers to a corporate action that increases the shares in a public company. ...
It has been suggested that Short (finance) be merged into this article or section. ...
Proxy fight is an event that may occur when opposition develops to a corporation management among its stockholders. ...
A Delaware corporation is a corporation chartered in the U.S. state of Delaware. ...
In relation to a company, a director is an officer (that is, someone who works for the company) charged with the conduct and management of its affairs. ...
Also in 1999, Tyco acquired electronics connector manufacturer AMP and fuse maker Raychem.[1]
During this time, Tyco spun off the deep-sea fiber optic cable laying division it had purchased from AT&T as Tyco Submarine Systems in a much anticipated IPO. Wikipedia does not yet have an article with this exact name. ...
Throughout the 1990s, Tyco's earnings seemed to improve steadily, with many investors giving it blue chip status. In hindsight this may have been an illusion generated by the ways in which the acquisitions were treated on the company's books. Unlike other companies where fraud and other charges were made public in 2001, 2002 and 2003 such as Enron and HealthSouth, Tyco was never in a cash crisis. For the band, see 1990s (band). ...
Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. ...
A blue chip stock is the stock of a well-established company having stable earnings and no extensive liabilities. ...
An illusion is a distortion of a sensory perception, revealing how the brain normally organizes and interprets sensory stimulation. ...
Enron Corporation (Former NYSE ticker symbol: ENE) was an American energy company based in Houston, Texas. ...
HealthSouth Corporation NYSE: HLS, based in Birmingham, Alabama, is one of the USs largest healthcare services provider. ...
2000-Present On January 4, 2001, Tyco acquired Simplex Time Recorder Company for $1.15 billion in cash from Chris Watkins, the grandson of the company's founder. Tyco merged Simplex Time Recorder Co. with Grinnell Fire Protection to form SimplexGrinnell, the world's largest fire protection company SimplexGrinnell is a subsidiary of Tyco International, specializing in fire protection systems formed from the merger of Simplex Time Recorder Company and Grinnell Fire Protection in 2001. ...
In January of 2002 Tyco announced a plan to split the company into four separate companies; however, this plan was abandoned.
In June of 2002 Edward D. Breen was appointed CEO of Tyco International. He was previously President and COO of Motorola. A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ...
A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ...
Motorola Inc. ...
In 2003, in response to the Dennis Kozlowski scandal, the company adopted the Guide to Ethical Conduct in order to guide and advise employees as to correct procedures and warn of unethical practices and behavior. All Tyco employees are now required to take a brief ethics course and sign an ethics statement annually. Leo Dennis Kozlowski (born November 16, 1946, Newark, New Jersey) is a former CEO of Tyco International, convicted of misappropriating more than $400 million of the companys funds. ...
Business ethics is a form of the art of applied ethics that examines ethical rules and principles within a commercial context, the various moral or ethical problems that can arise in a business setting, and any special duties or obligations that apply to persons who are engaged in commerce. ...
In 2005, Videsh Sanchar Nigam Limited (VSNL), India acquired the Tyco Global Network (TGN) from Tyco international for $130 million. The chief stockholder in VSNL is India's Tata Group, also one of that country's largest conglomerates. It was once valued at $3 billion during the telecommunications bubble. Videsh Sanchar Nigam Ltd (VSNL) is Indias phone carrier for international calls. ...
Tata is Indias largest conglomerate, with revenues in 2005-06 of Rs 967,229 million (US $21. ...
In January 2006 the company announced its split into three separate companies. (See section below)
Company separation
In the second quarter of 2007 Tyco International will be separated into three companies (ABC News), (Official Tyco press release), (Tyco Separation Update press release), which will in turn operate totally separately from each other, with their own board of directors, CEO, management staff and financial structure. --> Year 2007 (MMVII) is now the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ...
The three companies will be:
- Covidien, formerly Tyco Healthcare
- Tyco Electronics
- Tyco Fire & Security and Tyco Engineered Products & Services (TFS/TEPS)
This announcement was made publicly on January 13, 2006. Tyco Healthcare is the healthcare division of Tyco International, due to be split off in 2007. ...
Tyco International Ltd. ...
January 13 is the 13th day of the year in the Gregorian calendar. ...
For the Manfred Mann album, see 2006 (album). ...
An official Separation Management Team has been created to deal with all aspects of the separation and to make it as smooth as is possible for customers, employees and shareholders. Bob Scott has been announced as the leader of the SMT (link (DOC)). He joined Tyco in 2004. A shareholder or stockholder is an individual or company (including a corporation), that legally owns one or more shares of stock in a joint stock company. ...
An editor has expressed a concern that the subject of the article does not satisfy the notability guideline or one of the following guidelines for inclusion on Wikipedia: Biographies, Books, Companies, Fiction, Music, Neologisms, Numbers, Web content, or several proposals for new guidelines. ...
Edward D. Breen, the current CEO of Tyco has announced that he will be staying on with TFS/TEPS as CEO.
Legal charges Former chairman and chief executive Dennis Kozlowski and former chief financial officer Mark H. Swartz, were accused of the theft of US $600 million from the company. During their trial in March 2004, they contended the board of directors authorized it as compensation. A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ...
Chief Executive may refer to: Chief Executive of Hong Kong Chief Executive of Macau Chief Executive Officer This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ...
Leo Dennis Kozlowski (born November 16, 1946, Newark, New Jersey) is a former CEO of Tyco International, convicted of misappropriating more than $400 million of the companys funds. ...
The Chief Financial Officer (CFO) of a company or public agency is the corporate officer primarily responsible for managing the financial risks of the business or agency. ...
Everyday instance of theft: the bike which fits on this wheel has disappeared. ...
shelby was here 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ...
During jury deliberations, juror Ruth Jordan, while passing through the courtroom appeared to make an "okay" sign with her fingers to the defense table. She later denied she had intended that gesture, but the incident received much publicity (including a caricature in the Wall Street Journal), and the juror received threats after her name became public. Judge Michael Obus declared a mistrial on April 2, 2004. Okay is a term of approval, assent, or acknowledgment, often written as OK or O.K.. This is also known as AOK. When used to describe the quality of a thing, it denotes acceptability. ...
Mistrial. ...
On June 17, 2005, after a retrial, Kozlowski and Swartz were convicted on all but one of the more than 30 counts against them. The verdicts carry potential jail terms of up to 25 years in state prison. Kozlowski himself was sentenced to no less than eight years and four months and no more than 25 years in prison.
Products Some of the many products made by Tyco include: - Fire alarm systems (Simplex)
- Fire Fighting hardware and foam concentrates (Ansul, Skum, Total Walther and Sabo)
- Electronic components and cables. AMP
- Circuit protection devices RAYCHEM
- Critical communications systems. OpenSky and EDACS
- Engineering services
- Fire sprinklers. SimplexGrinnell, Wormald
- Medical supplies (Kendall wound care, Monoject syringes, Shiley endotracheal tubes)
- Pharmaceuticals (leading producer of narcotics and acetaminophen), Mallinckrodt laboratory chemicals
- Cyberskin
- Security systems (ADT)
- Curad brand bandages
- Valves and Controls
- Pressure Relief Valves for Nuclear Power Generation
- Safety Products [including Industrial site safety & Personal Protective Equipment (PPE)
- EAS(Electronic Article Surveillance) & RFID (Radio Frequency Identification) Products [Sensormatic]
- CCTV / Access Control Equipment. American Dynamics, Kantech, Software House
- Touchscreen Displays. ELO Touch Displays
OpenSky: Wireless Communications System The OpenSky wireless system was invented in Massechusets by a team led by Dr. Dennis Martinez and Dr. John Vaughn, of M/A-COM Inc. ...
EDACS: The Enhanced Digital Access Communication System A radio communications protocol and product family invented in the General Electric Corporation, in the mid 1980s A brilliant young designer, Jeff Childress, created an autonomous radio base-station controller, known as the GETC (General Electric Trunking Card). ...
Engineering is the design, analysis, and/or construction of works for practical purposes. ...
Fire sprinklers are an active fire protection measure subject to stringent bounding. ...
SimplexGrinnell is a subsidiary of Tyco International, specializing in fire protection systems formed from the merger of Simplex Time Recorder Company and Grinnell Fire Protection in 2001. ...
A syringe nowadays nearly always means a medical syringe, but it can mean any of these: A simple hand-powered piston pump consisting of a plunger that can be pulled and pushed along inside a cylindrical tube (the barrel), which has a small hole on one end, so it can...
Diagram of an endotracheal tube (10) that has been inserted into the airway of a patient. ...
The term narcotic, derived from the Greek word for stupor, originally referred to a variety of substances that induced sleep (such state is narcosis). ...
Acetaminophen (USAN) or paracetamol (INN), is a popular analgesic and antipyretic drug that is used for the relief of fever, headaches, and other minor aches and pains. ...
Mallinckrodt Incorporated is a set of pharmaceutical, chemical, imaging, and respiratory equipment suppliers based in the St. ...
CyberSkinâ„¢ is the brand-name of a soft material that is intended to emulate the feel of human skin. ...
This article or section is not written in the formal tone expected of an encyclopedia article. ...
Protective clothing is clothing designed to protect either the wearers body or other items of clothing from hazards such as heat, chemicals and infection. ...
See also Corporate abuse refers to incidents that involve unethical behavior on behalf of a corporation; a case of corporate abuse may be a scandal, fraud, or negligence toward the corporations employees and/or the local community. ...
External links
Data
Articles - Forbes.com: Tyco's Goodwill Games
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