Johnson Controls and Tyco Announce Definitive Merger Agreement

Johnson Controls, Inc. and Tyco International PLC have entered into a definitive merger agreement to combine under the existing Tyco entity, with the combined company to be named Johnson Controls plc. The transaction is a strategic combination to create a leader in building products and technology, including HVAC, fire, security, and controls.

“JCI reported that it has entered into a definitive merger agreement with Tyco. Under the terms of the merger agreement, JCI and Tyco will combine under existing Tyco entity and the combined co. will be called Johnson Controls plc.”

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