In the modern world, Vontier has caught the attention of millions of people around the world. Whether due to its impact on society, its relevance in the political sphere, its influence on popular culture, or its meaning in history, Vontier has become a topic of constant interest and debate. From its origins to its current evolution, Vontier has marked a before and after in the way we live, think and relate to the world around us. In this article, we will explore different aspects of Vontier, from its origins to its impact on everyday life, seeking to understand its true meaning and relevance in our society.
Company type | Public company |
---|---|
Headquarters | Raleigh, North Carolina, U.S. |
Key people | Karen Francis, Chair of the Board of Directors Mark Morelli, President and CEO Anshooman Aga, SVP and CFO Katie Rowen, SVP and Chief Legal & Sustainability Officer of Vontier |
Revenue | $3.184 billion (2022) |
$546.6 million (2022) | |
Total assets | $3.140 billion (2022) |
Total equity | $579.5 million (2022) |
Number of employees | 8,100 (2022) |
Subsidiaries | Vontier § Strategic Segments |
Website | vontier |
Footnotes / references |
Vontier Corporation (NYSE: VNT) is a multinational industrial technology company that specializes in mobility technologies and alternative energy solutions. Established in 2020 as a spin-off from Fortive Corporation, Vontier consists of diverse portfolio of businesses across the mobility technology, diagnostics and repair, and environmental and fueling sectors. Headquartered in Raleigh, North Carolina, Vontier has a global presence, serving customers across more than 150 countries.
In October 2020, Fortive completed the corporate spin-off of 80% of Vontier. Fortive disposed of its remaining 20% ownership interest in January 2021.
In September 2021, Vontier completed its first acquisition, announcing the completion of its DRB Systems acquisition.
In February 2022, Vontier announced its intention to diversify its portfolio towards long-term secular growth drivers including electrification, gaseous fuels infrastructure, network management, and energy storage solutions with a commitment to invest more than $500 million over the next five years to lead in the energy transition. This announcement coincided with the acquisition of Driivz.
In October 2022, Vontier completed the acquisition of Invenco.
In April 2023, Vontier completed the divestiture of Global Traffic Technologies, also known as GTT.
In March 2023, Vontier announced a new reporting structure to align with its connected mobility strategy and provide greater transparency. Vontier began reporting under this new structure with its first quarter 2023 earnings announcement.
Mobility Technologies:
Repair Solutions:
Environmental & Fueling Solutions:
In 2022, Vontier released its inaugural Environment, Social and Governance (ESG) Report, which summarizes the company’s goals and sustainability progress since its 2020 launch as an independent public company. Vontier has been named a Best Places to Work for LGBTQ+ employees by the Human Rights Campaign, a Military Friendly Employer, and earning a B score from CDP in 2022.