Wednesday, 09 August 2017
Johnson Controls, a global multi-industrial company, and Tyco, a global fire and security provider, have combined to create Johnson Controls International plc, a global leader in building products and technology, integrated solutions and energy storage. This merger brings together best-in-class product, technology and service capabilities across controls, fire, security, HVAC, power solutions and energy storage, to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential. Johnson Controls and Tyco have highly complementary businesses, enabling the combined company to offer comprehensive and innovative building technology solutions to even more customers globally across various end markets. The new organization combines innovation pipelines for devices, controls, sensors, data analytics and advanced solutions to better capture the enormous market opportunity around “smart” buildings, campuses and cities. In addition, the new company offers one of the largest energy storage platforms serving the global market, with capabilities including traditional lead acid as well as advanced lithium ion battery technology. As one company, Johnson Controls and Tyco are linking complementary branch networks and independent channels to drive global growth, enhancing the revenue and earnings growth profile of established businesses.