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Friday, December 5, 2008
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As major EMS/ODM companies continue to face strategic and operational challenges, will we see another giant merger in 2008?
Yes, in the EMS space
Yes, in the ODM space
No, highly unlikely
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NEWS > OCTOBER 2008
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Tyco Electronics Appoints President of New Medical Products Unit

3 October 2008

Tyco Electronics Ltd announced that the company has taken steps to accelerate its growth in the medical products market by creating a separate medical products business unit within its Electronic Components segment, effective Oct 1, 2008. The company has named Doug Strohmeier as president of the new stand-alone business, reporting to Chief Executive Officer (CEO) Tom Lynch.

According to Lynch, "We have grown our medical unit into a $250 million a year business serving the imaging, surgical and monitoring markets, and believe our unique range of technologies and products positions us for significant growth. Doug has a long track record of success in the medical products business and will be a great addition to our senior management team."

www.tycoelectronics.com

 
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