Analysis
Tyco Electronics is now TE Connectivity Ltd.
Tyco Electronics Ltd. received shareholder approval at yesterday's Annual General Meeting to change the company name to TE Connectivity Ltd. The name change is subject to Swiss regulatory approval, which the company expects to receive by March 25, 2011. The NYSE ticker symbol (TEL) will remain the same.
“O“As a company, we are well-known to the industries and customers we serve,” Lynch said. We want to expand our reach and drive awareness of TE Connectivity beyond our existing customer base to prospective customers, suppliers, investors, recruits and the communities in which we operate around the world.