JCI, Tyco Release Names of Post-Merger Executive Leadership Team
The transaction is expected to close on or around Oct. 1.
The transaction is expected to close on or around Oct. 1.
ShopperTrak provides intelligence and customer traffic to more than 1,200 retailers in 97 countries.
Tyco posted earnings of 59 cents per share on revenue of $2.49 billion for the quarter ended June 26.
The company reported revenue of $2.5 billion, a 2% increase on an organic basis.
Tyco has acquired Commercial Wireless Systems Int’l, a provider of wireless fire detection products.
An undisclosed investment will allow the start-up provider of security and home automation products to greatly speed up its strategic roadmap.
A spokesman said the staff reduction would impact a very small percentage of employees at the Westminster location.
Tyco has teamed up with the Industrial Internet Consortium in an effort to provide more value to its technology-focused customers.