Tadiran Appliances (also known as Tadiran Air Conditioners), was acquired by the Carrier Corporation, 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 US and a constitute of Dow Jones Industrial Average.
However, today only the Air conditioning business remains active (and still has the highest market share by far in Israel).
In January 2021, Tadiran Appliances filed an international patent for a new air conditioning system that purifies 99.999% of viruses, germs and bacteria.
[9] 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 United States, Brazil and Argentina.
In 2004, Telematics Wireless won contracts to install and deploy vehicle tracking systems in Korea and China, for local companies developing a service similar to Ituran's.