M&A Deal Summary

Tyco International Acquires Lucent Technologies Power Systems

On November 13, 2000, Tyco International acquired energy services and equipment company Lucent Technologies Power Systems from Lucent Technologies for 2.5B USD

Acquisition Highlights
  • This is Tyco International’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Tyco International’s 3rd largest (disclosed) transaction.
  • This is Tyco International’s 11th transaction in the United States.
  • This is Tyco International’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2000-11-13
Target Lucent Technologies Power Systems
Sector Energy Services and Equipment
Buyer(s) Tyco International
Sellers(s) Lucent Technologies
Deal Type Divestiture
Deal Value 2.5B USD

Target

Lucent Technologies Power Systems

Murray Hill, New Jersey, United States
Lucent Technologies Power Systems a supplier to the global information network. LPS provides a full line of power products, including AC/DC and DC/DC switching power supplies, batteries, power supplies and back up power systems.

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Buyer(S) 1

Buyer

Tyco International

Mahon, Ireland

website


Category Company
Founded 1960
Sector Safety/Security
Employees57,000
Revenue 9.9B USD (2015)
DESCRIPTION
Tyco office in Irvine, California.
Tyco office in Irvine, California.

Tyco International Ltd. is a global provider of security products and services, fire detection and suppression products and services and life safety products. The Company's portfolio of products and services, sold under brands such as Tyco, SimplexGrinnell, Sensormatic, Wormald, Ansul, Simplex, Scott and ADT serve security, fire detection and suppression and life safety needs across commercial, industrial, retail, institutional and governmental markets. Tyco International Ltd. was established in 1960 and is headquartered in Mahon, Ireland.


DEAL STATS #
Overall 12 of 32
Sector (Energy Services and Equipment) 2 of 2
Type (Divestiture) 3 of 3
State (New Jersey) 2 of 2
Country (United States) 11 of 27
Year (2000) 4 of 4
Size (of disclosed) 3 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-05 InnerDyne

Sunnyvale, California, United States

InnerDyne, Inc. designs, develops and manufactures minimally invasive surgical access products that incorporate the company's proprietary radial dilation technology, including the patented Step expandable needle system. Radial dilation provides surgical access through expansion of a very small opening using progressively larger blunt instruments.

Buy $180M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-24 CII Technologies

Asheville, North Carolina, United States

CII Technologies, Inc., is a manufacturer of high performance electromechanical relays.

Buy -

Seller(S) 1

SELLER

Lucent Technologies

Murray Hill, New Jersey, United States

website


Category Company
Founded 1996
Sector Technology Hardware
Revenue 9.4B USD (2005)
DESCRIPTION

Lucent designs and delivers communications systems, services and software. Lucent's customer base includes communications service providers, governments and enterprises worldwide.


DEAL STATS #
Overall 3 of 4
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 2 of 2
State (New Jersey) 2 of 2
Country (United States) 3 of 4
Year (2000) 3 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-01 Avaya

Santa Clara, California, United States

Avaya, Inc. is a global provider of communication systems, applications, and end-to-end services to enterprises worldwide; and offers IP telephony solutions, traditional voice communications solutions, contact center infrastructure and applications, and unified communications gear and appliances. Avaya was formed in 2000 and is based in Santa Clara, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-01 Agere Systems

Allentown, Pennsylvania, United States

Agere Systems, Inc. is a manufacturer of integrated circuit components. Agere was formed in 2000 and is based in Allentown, Pennsylvania.

Sell -