tyco international ltd (TYC) Key Developments
Tyco International, Ltd Expands IoT Capabilities
Sep 29 14
Tyco International Ltd. has expanded its Internet of Things, or IoT, capabilities. The company combines proven technology and innovations with the expertise of its Installation and Services groups and the more than one billion fire, security and retail sensors and devices the company has installed around the world. These capabilities will enable Tyco to offer new intelligent services for customers ranging from Fortune 500 companies to small businesses and households. Tyco's IoT platform transforms the data from these traditional facilities-oriented systems into highly valuable business intelligence focused on solving real-world problems in various environments. The platform will allow Tyco's customers to collect data from their installed sensors and devices and perform advanced analytics, unleashing the value of the information and creating numerous smart service possibilities for customers. The company is moving to expand the platform so that it incorporates more sensors, devices and applications from external sources, making it possible to deliver an even wider array of intelligent solutions for customers in multiple vertical markets. Its new TrueVUE 5.2 offering can gather data from RFID, video, EAS and traffic sensors, and transform it into actionable insights that empower retailers to maximize revenue, optimize inventory management, and deliver a memorable shopper experience across all of their operations. Tyco is developing similar applications in other market verticals it serves.
Tyco Mulls Acquisitions
Sep 15 14
Tyco International Ltd. (NYSE:TYC) intends to make acquisitions. George Oliver, Chief Executive Officer of the company said: “We have the largest direct channel to be able to support the customers within the fire and security industry, and we're making a lot of good progress there. Also, the growth markets represents a significant opportunity where they're really just beginning to mature and as we think about our business, how do we invest organically, as well as inorganically to really develop the depth and expertise that's required to be able to take advantage of those growth markets. And that now represents -- those markets represent about 13% of our revenue base. And then the rest is really how do we continue to enhance the value that we can create for our customers through service, and that's continuing to invest in service capabilities and extending our service through acquisitions. So the organic growth, when you look at our performance, we are a little bit under where we thought we'd be, but a lot of that has been driven by the macroeconomic environment over the last couple of years. The second piece was to execute to complement the work that we are doing with the investments to execute on strategic acquisitions.” He added: “So, if you when I think about that M&A right now, it is a big focus on technology to make sure that not only are we continuing within our product domains but also as an enterprise making sure that we get the technology right. So that's both organic with what we are reinvesting in, but also looking at other acquisitions and investments that will contribute to that overall strategy.The second is, within our product portfolio, certainly we're a leader in each of the domains that we compete in today, but I see still significant opportunity to expand that product portfolio, especially as we look at what's going to happen with technology here going forward. I would also say from a regional standpoint, it's very important to create scale locally. And so as we not only localize our product but also develop the depth and domain that's required within fire and security to be able to serve our customers, we have enhanced the organic investments we're making with acquisitions, and we'll continue to do that.”
Tyco International Ltd. Declares Quarterly Dividend, Payable on November 13, 2014
Sep 11 14
The board of directors of Tyco International Ltd. declared a quarterly dividend of $0.18 per share, payable on November 13, 2014, to shareholders of record at the close of trading on the New York Stock Exchange on October 24, 2014.
Tyco International Ltd. Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-15-2014 09:10 AM
Aug 29 14
Tyco International Ltd. Presents at Morgan Stanley 2nd Annual Laguna Conference, Sep-15-2014 09:10 AM. Venue: Ritz-Carlton, Laguna Niguel Dana Point, California, United States. Speakers: George R. Oliver, Chief Executive Officer and Director.
Tyco International Ltd. - Shareholder/Analyst Call
Jul 29 14
special general meeting of shareholders