Tadiran
Encyclopedia
Tadiran refers to a former Israeli conglomerate, which was founded in 1962 by the merger of two companies, Tadir and Ran (itself founded as a batteries manufacturer in 1932). The name of the company is a joining of both companies’ names.
Through the years the company had interests in electronics, home appliances (refrigeration and air conditioning), telecommunications, batteries, medical systems and defence electronics.
The company does not exist as a conglomerate anymore. The brand name survived through the former conglomerate's many spin-offs and sold divisions. They include:
These brands are business are described below.
, the world’s largest manufacturer and distributor of heating, ventilating and air conditioning (HVAC) systems, itself a subsidiary of United Technologies Corporation
(UTC) of the USA and a constitute of Dow Jones Industrial Average. Carrier initialy acquired 26%of the company in 1997 and took full ownership of it in 2004.
In October 2009, Carrier sold Tadiran Appliances to Crystal Consumer Products, a white goods distributor in Israel, which shortly aftrwards changed its name to Tadiran Holdings .
In the past, Tadiran Appliances used to manufacture a wide range of White goods, including: refrigerators and freezers; stoves and ovens; TV sets ( assembly of Italy's Voxon models) and Radio sets and Car Radios. However, today only the Air conditioning
business remains active (and still has the highest market share by far in Israel).
In July 2008 Tadiran Communications and Elbit Systems
merged, which brought all three of the above companies to exist under one group (this since Elisra Group itself is a subsidiary of Elbit Systems
).
was established in 1994 by the Tadiran conglomerate to develop and operate a service for locating stolen vehicles
using a technology that was originally developed for military use at Tadiran Telematics, a subsidiary of Tadiran Communications. In 1995 Tadiran decided to sell the Ituran concept to a group of investors for $250,000 USD.
In 1998 the company had an initial public offering
on the Tel Aviv Stock Exchange
, raising the capital required to develop the service overseas in the USA, Brazil
and Argentina
.
In November 1999, Ituran
acquired Tadiran Telematics, which continued to manufacture the vehicle tracking system
s Ituran was using for its services, for $10 million. The acquisition enabled Ituran to reduce the cost of the systems it sold. Ituran changed the company's name to Telematics Wireless.
In 2004, Telematics Wireless won contracts to install and deploy Vehicle tracking system
s in Korea
and China
, for local companies developing a service simislar to Itruan's.
In 2005, Ituran
raised approximately $50 million in an initial public offering on Nasdaq, which gave the company a value of $294 million.
In November 2007, Ituran
sold Telematics Wireless to Singapore
based ST Electronics, part of the ST Engineering corporation, for $90 million.
Group companies
Websites of the Tadiran Batteries Group companies
Websites of the Tadiran Appliances companies
Websites of the Elbit Systems
companies
Aerotel Medical Systems websites
Telematics Wireless website
Through the years the company had interests in electronics, home appliances (refrigeration and air conditioning), telecommunications, batteries, medical systems and defence electronics.
The company does not exist as a conglomerate anymore. The brand name survived through the former conglomerate's many spin-offs and sold divisions. They include:
- Tadiran Telecom
- Tadiran Telecommunications
- Tadiran Batteries
- Tadiran Air Conditioners
- Tadiran Appliances
- Tadiran Electronic Systems
- Tadiran Spectralink
- Tadiran Communications
- Tadiran LifeCare
- Tadiran Telematics
These brands are business are described below.
Tadiran Telecom
- Tadiran TelecomTadiran TelecomTadiran Telecom Ltd is a telecommunications company which offers enterprises complete converged communications solutions that support voice, data, video and advanced applications. It is represented by a global network of more than 200 distributors and affiliates in 40 countries.The corporate...
- a manufacturer of business telecommunications equipment, 75% owned by Africa Israel InvestmentsAfrica Israel InvestmentsAfrica Israel Investments Ltd. - AFI GROUP - is an international holding and investment company based in Yehud, Israel.AFI Group consists of several private and public companies active in areas such as real estate, construction, infrastructure, manufacturing, tourism and leisure.The company’s...
Ltd. (TASE:AFIL)
Tadiran Batteries (owned by Saft Groupe S.A.)
- Tadiran Batteries - One of the world’s largest suppliers of Lithium batteries (famous for lasting up to 20 years). The company is a wholly owned subsidiary of the Saft Groupe S.A. of France, which was created in January 2004 when the Doughty Hanson Funds bought the batteries business of AlcatelAlcatelAlcatel Mobile Phones is a brand of mobile handsets. It was established in 2004 as a joint venture between Alcatel-Lucent of France and TCL Communication of China....
(who originally purchased Tadiran Batteries in 2000).
Tadiran Air Conditioners, Tadiran Appliances (owned by Tadiran Holdings)
Tadiran Appliances (also known as Tadiran Air Conditioners), was acquired by the Carrier CorporationCarrier Corporation
The Carrier Corporation is one of the world’s largest manufacturers and distributors of heating, ventilating and air conditioning systems, and a global leader in the commercial refrigeration and food service equipment industry...
, the world’s largest manufacturer and distributor of heating, ventilating and air conditioning (HVAC) systems, itself a subsidiary of United Technologies Corporation
United Technologies Corporation
United Technologies Corporation is an American multinational conglomerate headquartered in the United Technologies Building in Hartford, Connecticut...
(UTC) of the USA and a constitute of Dow Jones Industrial Average. Carrier initialy acquired 26%of the company in 1997 and took full ownership of it in 2004.
In October 2009, Carrier sold Tadiran Appliances to Crystal Consumer Products, a white goods distributor in Israel, which shortly aftrwards changed its name to Tadiran Holdings .
In the past, Tadiran Appliances used to manufacture a wide range of White goods, including: refrigerators and freezers; stoves and ovens; TV sets ( assembly of Italy's Voxon models) and Radio sets and Car Radios. However, today only the Air conditioning
Air conditioning
An air conditioner is a home appliance, system, or mechanism designed to dehumidify and extract heat from an area. The cooling is done using a simple refrigeration cycle...
business remains active (and still has the highest market share by far in Israel).
Tadiran Telecommunications (merged with ECI Telecom)
- Tadiran Telecommunications - was a manufacturer of networking infrastructure solutions for carrier and service providers listed on NASDAQ (NASDAQ: TTELF). In September 1998 Tadiran Telecommunications merged with ECI TelecomECI TelecomECI Telecom Ltd is a global telecom networking infrastructure provider headquartered in Petah Tikva, Israel. It provides communications platforms and solutions to carriers and service providers, cable/multiple system operators, wireless/cellular service providers, utilities and carrier of carriers,...
Ltd.. In July 2007 ECI TelecomECI TelecomECI Telecom Ltd is a global telecom networking infrastructure provider headquartered in Petah Tikva, Israel. It provides communications platforms and solutions to carriers and service providers, cable/multiple system operators, wireless/cellular service providers, utilities and carrier of carriers,...
was acquired by a private equity group and, after 25 years, has been delisted from Nasdaq.
Tadiran Electronic Systems, Tadiran Spectralink, Tadiran Communications -> Elbit Systems
- Tadiran Electronic Systems – a manufacturer of military electronic equipment now part of the ElisraElisraElisra Group is an Israeli manufacturer of high-tech electronic devices for mainly but not exclusively military use. That includes equipment for electronic communication and surveillance, missile tracking and controlling systems, radar and lidar equipment. The group is composed of three companies:...
Group. - Tadiran Spectralink – a leading supplier of advanced wireless communications products for manned and unmanned aircraft, also part of the ElisraElisraElisra Group is an Israeli manufacturer of high-tech electronic devices for mainly but not exclusively military use. That includes equipment for electronic communication and surveillance, missile tracking and controlling systems, radar and lidar equipment. The group is composed of three companies:...
Group. - Tadiran Communications – one of the world’s largest suppliers of Military HF and VHF tactical radios and communication systems
In July 2008 Tadiran Communications and Elbit Systems
Elbit Systems
Elbit Systems Ltd. is one of the world's largest defense electronics manufacturers and integrators. Established in 1967, and based in Haifa, Israel, Elbit employs 11,000 people worldwide....
merged, which brought all three of the above companies to exist under one group (this since Elisra Group itself is a subsidiary of Elbit Systems
Elbit Systems
Elbit Systems Ltd. is one of the world's largest defense electronics manufacturers and integrators. Established in 1967, and based in Haifa, Israel, Elbit employs 11,000 people worldwide....
).
Tadiran LifeCare (owned by Aerotel Medical Systems)
Tadiran LifeCare was a division within Tadiran Spectralink, established to design and develop innovative wireless monitoring solutions for healthcare applications. Tadiran LifeCare was acquired by Aerotel Medical Systems in January 2007Ituran & Tadiran Telematics
IturanIturan
Ituran Location and Control Ltd. , is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and the Tel Aviv Stock Exchange and is included in the TA-100 Index. Ituran has over 1,300 employees...
was established in 1994 by the Tadiran conglomerate to develop and operate a service for locating stolen vehicles
Vehicle tracking system
A vehicle tracking system combines the installation of an electronic device in a vehicle, or fleet of vehicles, with purpose-designed computer software at least at one operational base to enable the owner or a third party to track the vehicle's location, collecting data in the process from the...
using a technology that was originally developed for military use at Tadiran Telematics, a subsidiary of Tadiran Communications. In 1995 Tadiran decided to sell the Ituran concept to a group of investors for $250,000 USD.
In 1998 the company had an initial public offering
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
on the Tel Aviv Stock Exchange
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange in Tel Aviv is Israel's only stock exchange.The TASE is the only public market for trading securities in Israel. It plays a major role in the Israeli economy....
, raising the capital required to develop the service overseas in the USA, Brazil
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
and Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
.
In November 1999, Ituran
Ituran
Ituran Location and Control Ltd. , is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and the Tel Aviv Stock Exchange and is included in the TA-100 Index. Ituran has over 1,300 employees...
acquired Tadiran Telematics, which continued to manufacture the vehicle tracking system
Vehicle tracking system
A vehicle tracking system combines the installation of an electronic device in a vehicle, or fleet of vehicles, with purpose-designed computer software at least at one operational base to enable the owner or a third party to track the vehicle's location, collecting data in the process from the...
s Ituran was using for its services, for $10 million. The acquisition enabled Ituran to reduce the cost of the systems it sold. Ituran changed the company's name to Telematics Wireless.
In 2004, Telematics Wireless won contracts to install and deploy Vehicle tracking system
Vehicle tracking system
A vehicle tracking system combines the installation of an electronic device in a vehicle, or fleet of vehicles, with purpose-designed computer software at least at one operational base to enable the owner or a third party to track the vehicle's location, collecting data in the process from the...
s in Korea
Korea
Korea ) is an East Asian geographic region that is currently divided into two separate sovereign states — North Korea and South Korea. Located on the Korean Peninsula, Korea is bordered by the People's Republic of China to the northwest, Russia to the northeast, and is separated from Japan to the...
and China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
, for local companies developing a service simislar to Itruan's.
In 2005, Ituran
Ituran
Ituran Location and Control Ltd. , is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and the Tel Aviv Stock Exchange and is included in the TA-100 Index. Ituran has over 1,300 employees...
raised approximately $50 million in an initial public offering on Nasdaq, which gave the company a value of $294 million.
In November 2007, Ituran
Ituran
Ituran Location and Control Ltd. , is an Israeli company that provides stolen vehicle recovery and tracking services, and markets GPS wireless communications products. Ituran is traded on NASDAQ and the Tel Aviv Stock Exchange and is included in the TA-100 Index. Ituran has over 1,300 employees...
sold Telematics Wireless to Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
based ST Electronics, part of the ST Engineering corporation, for $90 million.
External links
Websites of the Tadiran TelecomTadiran Telecom
Tadiran Telecom Ltd is a telecommunications company which offers enterprises complete converged communications solutions that support voice, data, video and advanced applications. It is represented by a global network of more than 200 distributors and affiliates in 40 countries.The corporate...
Group companies
- Tadiran Telecom Ltd International website
- Tadiran Telecom Ltd US website
- Tadiran America website
- Tadiran Telecom UK website
Websites of the Tadiran Batteries Group companies
- Tadiran Batteries International website
- Tadiran Batteries US website
- Tadiran Batteries UK website
- Tadiran Batteries German website
Websites of the Tadiran Appliances companies
Websites of the Elbit Systems
Elbit Systems
Elbit Systems Ltd. is one of the world's largest defense electronics manufacturers and integrators. Established in 1967, and based in Haifa, Israel, Elbit employs 11,000 people worldwide....
companies
- Elbit Systems Group website
- Tadiran Communications Ltd. website
- Tadiran Spectr alink Ltd. website
- Tadiran Electronic Systems Ltd.
- Elisra Group website
- El-Op Electro-optics - Elop Ltd. Website
Aerotel Medical Systems websites
Telematics Wireless website