TE Connectivity Acquisitions Part 3
Between 2000 and 2005 Tyco International have made a number of acquisitions. Details of the acquisitions are set out in the attached spreadsheet.
- Radionics was acquired by Tyco International in 2000 and sold to Integra LifeSciences Holdings Corp.for $80 million in 2005.
- CIT Group was renamed Tyco Capital Corporation following its acquisition.
- Edison was founded in 1997 and was one of the largest providers of residential security services. They focused predominantly on the Southern California area.
- Transpower Technologies was a designer and manufacturer of inductors and isolation transformers.
- Tyco International said of the Critchley Group acquisition, ""The Critchley Group will be incorporated into Tyco's Telecommunications and Electronics division. Part of this division's strategy is to achieve market leadership positions in cable identification and increase its penetration of the electronic assembly market. The acquisition of Critchley is expected to contribute substantially to the realization of that strategy"
To identify the details of the acquisitions detailed in Part 3 of Connectivity Acquisitions, we reviewed the financial reports of Tyco International. By doing this, we were able to obtain some of the requested information. We also reviewed industry publications, media articles, and press releases. There was a total lack of information available regarding most of the companies.
We were unable to locate the websites of several acquisitions. This is probably because the companies no longer trade in their own right. Unfortunately, the website would typically be the primary source of a lot of the information that is required.
We found references to a number of the companies on Bloomberg and Crunchbase but few details beyond their founding date. We were unable to find any details on Pyrotenax, as there were several companies using this name. None seemed to be associated with Tyco International. We are unsure if the current organization, CIT Group is related, as there is no reference to Tyco International in its materials and Tyco changed the name on acquisition.
As we completed the research, we made the observation that where a company was integrated with Tyco International there was very little information available regarding the company pre-acquisition, including locations, websites, and logo. Where we have been unable to find the information, we have entered N/A into the spreadsheet.