Other Dec 2010 Verified
Tyco reorganizes reportable segments following portfolio actions
Tyco International Ltd. reorganized its reportable segments to align with its management structure after portfolio refinement actions in fiscal 2010. The former Safety Products segment was split between ADT Worldwide and Fire Protection Services, creating new segments: Tyco Security Solutions and Tyco Fire Protection.
“Effective in its first fiscal quarter of 2011, Tyco International Ltd. (the “Company”) reorganized its reportable segments to more closely align with its reporting and management structure following certain portfolio refinement actions taken in fiscal 2010.”
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