Tyco International Expands Technological Reach in Multiple Ways
Tyco International announced it is bolstering its technological capabilities on several fronts. It has appointed Daryll T. Fogal as chief technology officer (CTO), launched its new “Tyco On” software solutions platform, and made a strategic investment in San Jose, Calif.-based Qolsys, a provider of innovative home automation solutions.
As Tyco’s CTO, Fogal will have global responsibility for the company’s technology vision, strategy, capabilities and operations to support the development of products, services and solutions that meet the needs of customers ranging from multinational corporations to households. Based in Princeton, N.J., Fogal will report directly to George Oliver, Tyco’s chief executive officer, and will serve on Tyco’s management team.