Honeywell Completes Intermec Acquisition
Honeywell recently announced its completion of their acquisition of Intermec Technologies. Because of the acquisition, Honeywell expects:
- Extended offerings in scanning, mobility, rfid and voice solutions for a wide range of customers
- An additional $800 million in annualized sales
“The acquisition of Intermec will add innovative products and solutions, as well as deep engineering expertise and a broad global sales channel that further demonstrates our commitment to provide our customers an increasing array of innovative technologies in the highly attractive AIDC industry,” said John Waldron, president of Honeywell Scanning & Mobility.
Intermec will be integrated with Honeywell Scanning & Mobility, within the company’s Automation and Control Solutions business. The actual finalization will take place on March 19, 2014, with the receipt of required regulatory approvals in the US and EU.