ITT Corporation was a multinational conglomerate that existed from 1920 to 2011. Founded as International Telephone & Telegraph Corporation, it began as a telecommunications company focusing on conducting international business. Over the years, the nature of ITT Corporation changed as it expanded into various sectors, becoming a diversified conglomerate.
ITT Corporation operated in several industries, including technology, defense, and engineering. It provided products and services ranging from telecommunications equipment to defense systems and advanced technology solutions. The company had a global footprint, operating in numerous countries around the world.
In addition to its core business operations, ITT Corporation also engaged in mergers and acquisitions, expanding its portfolio of subsidiaries and divisions. Through these acquisitions, it gained expertise and diversified its offerings in sectors such as water treatment, motion control systems, aerospace communications, and more.
Through its history, ITT Corporation experienced significant changes in structure, focusing on different areas of business over time. However, it maintained a reputation for technological innovation and global presence throughout its existence.
In 2011, ITT Corporation decided to split into three separate entities due to changing market conditions and the desire to enhance each segment's performance. These three independent companies were Exelis Inc., Xylem Inc., and ITT Corporation. This restructuring marked the end of ITT Corporation as a unified entity.
Overall, ITT Corporation was a multinational conglomerate that operated across various industries, providing telecommunications, defense, and technology solutions globally.
