November 01, 2016
Source: TE Connectivity Ltd.
Rules-based index showcases 100 large-cap companies best using technology to invest in and profit from new business opportunities
SCHAFFHAUSEN, Switzerland, Nov. 1, 2016 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL), a world leader in connectivity and sensors, today announced its inclusion in the CNBC IQ100 Index, an exclusive, data-driven index of the 100 large-cap companies best using technology to invest in and profit from new business opportunities.
The CNBC IQ100 Index is a first-of-its-kind, rules-based index of large-cap companies that generate a substantial amount of revenue growth through the use of protected, proprietary technology. TE Connectivity and other companies in the index are weighted based on each one's ability to invest in, develop, control and deploy intellectual property to achieve strategic advantages over competitors. The index is powered by M-CAM International, a global financial institution that values patents, trademarks and other intellectual property for a deep roster of government and corporate partners.
"We're proud of our 75-year legacy of discovery and innovation, and the essential role our connectors and sensors are playing today in helping to make cars, homes, planes and factories safer, greener and more connected," said TE Chairman and CEO Tom Lynch. "This recognition is a testament to the talents and dedication of more than 72,000 employees around the world, and in particular, the ingenuity of our more than 7,000 engineers who are on the front lines each and every day, collaborating and co-creating with our valued customers to help bring their ideas and visions to reality."
For more information on the CNBC IQ100 index, please visit http://www.cnbc.com/iq100.
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a $12 billion global technology leader. Our connectivity and sensor solutions are essential in today's increasingly connected world. We collaborate with engineers to transform their concepts into creations – redefining what's possible using intelligent, efficient and high-performing TE products and solutions proven in harsh environments. Our 72,000 people, including over 7,000 engineers, partner with customers in close to 150 countries across a wide range of industries. We believe EVERY CONNECTION COUNTS – www.TE.com.
SOURCE TE Connectivity Ltd.B.J. Talley, TE Connectivity, 610.893.9553, firstname.lastname@example.org