BOCA RATON, Fla.—Tyco International shareholders voted Monday to approve splitting Tyco into three separate companies—one of them ADT, another a commercial fire and security business, and the third a flow control unit. ADT officials say they’re eager to see ADT become a stand-alone company, providing security and interactive services to residences and small businesses and focused on innovation and growth.
BOCA RATON, Fla. and DALLAS—To cater to the specific and very different needs of its residential and commercial customers, ADT Worldwide president Naren Gursahaney today announced that ADT would split into two separate organizations: ADT North America Residential and Small Business, led by John Koch, and ADT North America Commercial, led by John Kenning.