Tyco International 14


Tyco International 14 :

(10) 2005:Videsh Sanchar Nigam Limited (VSNL), India acquired the Tyco Global Network (TGN) from Tyco International for $130 million. The chief stockholder in VSNL is India's Tata Group, also one of India's largest conglomerates. It was once valued at $3 billion during the telecommunications bubble. Empty citation (help). Tyco continued its divestiture program throughout 2005. The largest divestiture came in the announcement of a definitive agreement to sell its Plastics, Adhesives and Ludlow Coated Products businesses to an affiliate of private investment firm Apollo Management, L. P. Tyco believed the segment no longer fit within the company's portfolio. Empty citation (help). Tyco was awarded the largest statewide public safety communications project in the United States in 2004 when one of Tyco Electronics’ businesses, M/A-COM, signed a contract to maintain New York's Statewide Wireless Network (SWN). The contract was worth approximately $2 billion and would last for 20 years. Tyco also acquired two key companies to its Healthcare segment, Vivant Medical Inc. and Floréane Medical Implants

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