To: Ditchdigger who wrote (14298 ) 1/15/2006 10:04:20 PM From: Sergio H Read Replies (1) | Respond to of 23958 Ditch, are you taking any interest in TYC's three way split? <As part of Tyco International Ltd.'s decision to split into three separate, publicly traded companies, each will have an independent board and corporate-governance standards, and is expected to remain incorporated in Bermuda. Below is a breakdown of the three units. -------------------------------------------------------------------------------- Tyco Healthcare Description: provides health-care products, services Led by: Rich Meelia, president and current head of unit. He will become CEO. Employees: more than 40,000 2005 Revenue: nearly $10 billion Web site: Tyco Healthcare Financial analysis: Tyco expects the split to allow the unit to realize more robust growth. Tyco said revenue and operating profit growth in its international health-care business were offset in the fiscal first quarter, which ended in December, by shortfalls from product recalls and compliance issues in its imaging and respiratory businesses, and capacity problems in its pharmaceuticals business. Products: advanced surgical instruments and supplies, respiratory-care products, contrast-media and diagnostic-imaging products, needles and syringes, vascular therapies, sutures and wound-care products, and generic pharmaceuticals -------------------------------------------------------------------------------- Tyco Electronics Description: supplies electronics components Led by: Juergen Gromer, president and current head of unit. He will become vice chairman. Employees: 88,000 2005 Revenue: $12 billion Web site: Tyco Electronics Financial analysis: Tyco expects the split to allow the unit to move more quickly and strategically amid competitive pressures, and said in its press release that the division "will be better able to participate in ongoing electronics-industry consolidation." Products: connectors, switches, relays, circuit-protection devices, touch screens, magnetics, resistors, wire and cable, plus fiber-optic and wireless components and systems -------------------------------------------------------------------------------- Tyco Fire & Security Description: fire, security, engineered products and services (referred to by company as TFS/TEPS) Led by: Tyco International CEO Ed Breen and CFO Chris Coughlin. Dave Robinson will remain president of Fire & Security; Naren Gursahaney will succeed Tom Lynch as president of engineered products and services. Employees: more than 118,000 2005 Revenue: $18 billion Web sites: Fire & Security -- Plastics & Adhesives -- Engineered Products & Services Financial analysis: Tyco said revenue and margins in its fire and security business were hurt in its fiscal first quarter by weakness in its commercial security and world-wide fire-service operations, but business improved in residential security. Products: electronic-security solutions for residential, business, and governmental customers; fire protection and sprinkler systems; and industrial valves and controls>