Analysis
Technitrol Announces Name Change to Pulse Electronics Corporation
Technitrol announced today it has changed its name to Pulse Electronics Corporation. In connection with the name change, the Company will change the ticker symbol for its common stock listed on the New York Stock Exchange to “PULS” from “TNL” and has changed its web site URL towww.pulseelectronics.com. The Company’s stock will begin trading under the new name and new ticker symbol at the start of trading on Monday, November 15, 2010. In the interim, the Company will continue to trade under the “TNL” ticker.
“P“We are simplifying our organizational and business structure to leverage our demonstrated design engineering and high-volume manufacturing expertise. We will capitalize on the strong growth opportunities in the network, wireless and power markets we serve. As the world continues to demand more robust networks, enhanced Internet capabilities, broader wireless connectivity and more efficient power usage, we stand ready to serve our customers and create value for our shareholders as one, unified electronic components leader—Pulse Electronics Corporation.”