Technitrol Announces Name Change to Pulse Electronics
Technitrol announced it has changed its name to Pulse Electronics Corp. 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 to www.pulseelectronics.com.
“Pulse Electronics Corp. reflects our focus as a pure-play electronic components provider,” said Interim Chief Executive Officer Drew Moyer. “Our new name unites our corporate and operational identities and is reinforced by the actions we are taking to integrate the holding company and our operations into a single company. Pulse Electronics is the electronic components partner that helps customers build the next great product by providing the needed technical solutions.
“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 Corp.”