Founded in 2007 following the split of Tyco International to create Tyco Electronics Ltd and Covidien, the company later changed their name to TE Connectivity in 2011. This name change was intended to better communicate the company's position as a connector and sensor component manufacturer. Headquartered in Berwyn, Pennsylvania and as a 14 billion USD technology leader globally, TE Connectivity employs 80,000 people in 50 countries across EMEA, Asia Pacific and the Americas.