Johnson Controls and Tyco Merger Announced

Tyco International and Johnson Controls announced a merger of equals, creating a combined company with $32 billion in revenue. The deal combines Tyco's fire and security platforms with Johnson Controls' building controls and commercial HVAC leadership. The merger is positioned as a strategic combination to capitalize on connected buildings, smart cities, and IoT-driven business models.

“This is one of the charts that we used when we announced the merger. We become a global leader, $32 billion in revenue.”

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