FORT MILL, S.C.,
Sept. 17, 2013 /PRNewswire/ -- Honeywell
(NYSE: HON) today announced that it has completed its acquisition of Intermec
(NYSE: IN), a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions. Honeywell announced its intent to acquire Intermec in
December 2012, in an all-cash transaction valued at approximately
"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 completion of this acquisition follows the approval by Intermec shareholders on
March 19 as well as the receipt of required regulatory approvals in
the United States and European Union.
For more information on Honeywell Scanning & Mobility, please visit
www.honeywellaidc.com or follow
@HoneywellAIDC on Twitter.
) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in
Morris Township, N.J.
, Honeywell's shares are traded on the
, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit
Honeywell Scanning & Mobility (HSM) is part of the Automation and Control Solutions (ACS) business group of Honeywell. HSM is a leading manufacturer of high-performance image- and laser-based data collection hardware, including rugged mobile computers and bar code scanners. With one of the broadest product portfolios in the automatic identification and data collection industry, HSM provides data collection hardware for retail, healthcare, and transportation and logistics companies seeking to improve operations and enhance customer service. Additionally, HSM provides advanced software, service and professional solutions that help customers effectively manage data and assets. HSM products are sold worldwide through a network of distributor and reseller partners.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts