Johnson Controls and Tyco are now one

Johnson Controls has completed its merger with Tyco.



By uniting Johnson Controls, a leading provider of building efficiency solutions with Tyco, a leading provider of fire and security solutions, the new company is positioned as a leader in products, technologies and integrated solutions for the buildings and energy sectors.



With $30 billion in revenue and 117,000 employees, the combination brings together best-in-class product, technology and service capabilities across controls, fire, security, HVAC and energy storage, to serve the full spectrum of end markets including large institutions, government, commercial buildings, retail, industrial, small business and residential.



"We are more than just two businesses that have come together – we are now one team uniquely positioned to create value," said Alex Molinaroli, Johnson Controls chairman and CEO. "Our combined insights and world class technologies will help build even smarter, more secure and more sustainable environments that help our customers win and broadly move the world forward."



As previously announced, Johnson Controls' automotive business is still on schedule to spin off into an independent company, known as Adient, on Oct. 31, 2016.