United Kingdom Steven.Lane@Honeywell.com Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. General Data Company Inc. Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million. Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. The Federal Trade Commission will require Honeywell International Inc. to license patents critical to the manufacture of two-dimensional (2D) bar code scanners, under a settlement resolving FTC charges that Honeywell’s acquisition of rival scan engine manufacturer Intermec Inc. would be anticompetitive. 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. Honeywell AIDC products; Intermec Products; Acquisitions since 2002. | Honeywell's Intermec Acquisition Reshaping the Competitive Landscape of the Rugged Mobile Market. 0 By Larry Silverman Mobile Devices Technology December 10, 2012. Honeywell International Inc. said it completed its acquisition of mobile computing company Intermec Inc. for $600 million. "The Metrologic acquisition further positions Honeywell as a global leader in the dynamic enterprise mobility and imaging industry, a $16 billion marketplace with double-digit growth potential," said Ben Cornett, President, Honeywell Security. In support of the deal, Honeywell won EU regulatory approval for the proposed acquisition in June of this year. Honeywell, a technology and manufacturing company based in New Jersey, will pay $10 per share for Intermec. This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. Honeywell Imaging & Mobility includes Hand Held Products, a leading manufacturer of imaging and mobility solutions, acquired by Honeywell last year. Honeywell (12% market share) and Intermec (11% market share) make up two of the top three competitors in the rugged handheld market, with Motorola Solutions Inc. as the industry leader, currently holding 43% market share. Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600M.

Honeywell Completes Acquisition of Intermec. Honeywell Extends Position in Scanning and Mobile Computing, Now Offers Additional RFID, Printer and Voice Solutions for Wide Range of Customers, Addition of Intermec Builds on Hand Held Products, Metrologic and EMS Acquisitions To Build Market-Leading Position, Approximate $600 Million Deal Was Announced in December 2012, Adding Over $800 Million In Annualized Sales. Honeywell International Inc. (HON) announced the company expects 2013 sales in the range of $39.0 billion-$39.5 billion, and profit per share in a range of $4.75-$4. Cision PR Newswire. Honeywell Scanning & Mobility (HSM) is part of the Automation and Control Solutions (ACS) business group of Honeywell. While this continues to be subject to regulatory approvals, in this blog post I share some thoughts on how this deal may shape up and impact the barcode vendor landscape. The most recent acquisition to note is the purchase of LXE by Honeywell. computers that are … Honeywell 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. After monitoring the rugged mobile market and witnessing the consolidation trend that has been taking the market by storm for the past few years (e.g. Honeywell's press release also detailed its own lackluster 2013 forecasts, partially lowered due to the Intermec acquisition, which is expected to shave $0.03 to $0.04 off 2013 earnings. FORT MILL, S.C., Sept. 17, 2013 – 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. Intermec is a manufacturer and supplier of barcode scanners, scanning engines and ruggedised mobile computers (i.e. That acquisition, followed last week by Honeywell’s agreement to purchase Intermec, is “a testament that consolidation in that space was inevitable, as it is in ours,” Schenk said. Honeywell announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions. change Phone: +1 (763) 954-5344 For more information on Honeywell Scanning & Mobility, please visit www.HoneywellAIDC.com or follow @HoneywellAIDC on Twitter. In August 2011, Honeywell paid $491 million for EMS Technologies, which included mobile computer maker LXE. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission. Honeywell's acquisitions have consisted largely of businesses aligned with the company's existing technologies. Intermec Completes Acquisition of Vocollect. Honeywell Completes Acquisition Of Intermec - Honeywell Extends Position in Scanning and Mobile Computing, Now Offers Additional RFID, Printer and Voice Solutions for Wide Range of Customers - … The Merger was approved by Intermec’s stockholders on March 19, 2013 and received regulatory approval from the European Commission on June 14, 2013. Was Gupta surprised by the deal? In support of the deal, Honeywell won EU regulatory approval for the proposed acquisition in June of this year. Honeywell's purchase of Intermec wasn't all (or even primarily) about RFID. Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. Intermec, provider of data capture and information management technology, fills a niche for Honeywell in pursuing opportunities in tracking and tracing applications. While this continues to be subject to regulatory approvals, in this blog post I share some thoughts on how this deal may shape up and impact the barcode vendor landscape. Elena.Doom@Honeywell.com, Global Tracking and Messaging Solutions ». The deal was announced in December. "Honeywell Completes Acquisition Of Intermec." The acquired companies are integrated into one of Honeywell's four business groups (Aerospace, Home and Building Technologies (HBT), Safety and Productivity Solutions (SPS), or Performance Materials and … This comes shortly after Motorola Solutions’ acquisition of rugged device manufacturer Psion, announced in June 2012 and completed in October 2012.. Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million. On September 17, 2013, Honeywell announced the completion of the acquisition of Intermec. Honeywell Safety and Productivity Solutions provides comprehensive solutions that enhance workplace safety and incident response, improve enterprise performance, and enable greater product design innovation. Honeywell has announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions. FORT MILL, S.C., Sept. 17, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that it has completed its acquisition of Intermec (NYSE: IN), a … Steven Lane (Trade Media) This acquisition not only will extend Honeywell Scanning & Mobility 's (HSM) mobile computing line, but will also bring a host of RFID products to the company, which had launched only a single RFID-based offering to date, earlier this year. How To Buy » Get in touch with our experts and partners and you'll get exactly the tools you need to invigorate your supply chain. Intermec, a leading provider of data capture and information management solutions, today announced a definitive agreement under which Honeywell International will acquire Intermec for $10.00 per share in an all-cash transaction valued at approximately $600 million. With the purchase, Honeywell will acquire all outstanding common shares of Intermec for $10 per share in cash, totaling approximately $600 million. Honeywell completed its acquisition of Metrologic Instruments, a manufacturer of laser and mobile imaging and remote scanning, for about $720 million. Learn more about Intermec, now a part of Honeywell Scanning and Mobility. Honeywell announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions. Intermec, headquartered in Everett, Washington, is a leading manufacturer of scan engines and other automated identification and data capture equipment, including barcode scanners and printers. The year 2012 has been one of consolidation, but not innovation. When I learned last Monday that Honeywell planned to acquire Intermec for $600 million, my first calls were to Gupta and Mike Liard, VDC’s vice president of AutoID and its resident RFID analyst. Honeywell Completes Acquisition of Intermec. After monitoring the rugged mobile market and witnessing the consolidation trend that has been taking the market by storm for the past few years (e.g. Intermec will be integrated with Honeywell Scanning & Mobility, within the company’s Automation and Control Solutions business. From Reuters: Honeywell sees slow 2013, to buy Intermec for $600 million. Shares of Honeywell (HON) ended Monday's trading session roughly unchanged. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. Honeywell | Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales. Today, it is the number 2 player in that space behind Zebra. Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. EVERETT, Wash.--(BUSINESS WIRE)--Intermec, Inc. (NYSE: … Search our Partner Finder to find an Intermec reseller. This comes shortly after Motorola Solutions’ acquisition of rugged device manufacturer Psion, announced in June 2012 and completed in October 2012. For more news and information on Honeywell, please visit www.HoneywellNow.com. "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. Do you have a question? The acquisition will cost Honeywell $0.03 to $0.04 in its 2013 earnings per share (EPS), … The LXE acquisition gave Honeywell about a 15% share of the AIDC market, moving Honeywell past Intermec (12%) into second place among AIDC vendors. U.S. Securities and Exchange Commission. Honeywell is an equal opportunity employer. Additionally, HSM provides advanced software, service and professional solutions that help customers effectively manage data and assets. Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million. The completion of this acquisition follows the approval by Intermec shareholders on March 19 as well as the receipt of required regulatory approvals in … Intermec, a leading provider of mobile data collection hardware and information management solutions, announced a definitive agreement under which Honeywell International Inc, a diversified technology and manufacturing leader, will acquire Intermec for $10.00 per share in an all-cash transaction valued at approximately $600 million, net of cash and debt acquired. Intermec is a well-known manufacturer of bar-code technology, and it fits nicely with Honeywell's Scanning & Mobility unit, which was created by Honeywell's acquisition of Hand Held Products (in 2007), Metrologic Instruments (in 2008) and LXE (in 2011). European Commission - Press Release details page - European Commission Press release Brussels, 14 June 2013 The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Intermec by Honeywell, both of the United States. 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.

Honeywell recently announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions. Honeywell announced that it has completed its acquisition of Intermec, a leading provider of mobile computing, radio frequency identification solutions (RFID), voice-enabled workflow and data-collection solutions, and printing solutions. March 03, 2011 04:25 PM Eastern Standard Time. With the $600 million deal, Honeywell adds RFID and voice to its portfolio In its second acquisition in less than three months, Honeywell International Inc. this morning announced that it would acquire Intermec Inc. ) in … Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales. Honeywell agreed to acquire Intermec for about $600 million, while the diversified industrial company also gave a cautious outlook for the new year. It's been a few weeks since Honeywell announced that it had signed a definitive agreement to acquire Intermec. Intermec was traded on the New York Stock Exchange.. On December 10, 2012, Intermec announced it agreed to be acquired by Honeywell International Inc. in an all-cash transaction valued at approximately $600 million. Intermec Foundation matches gifts. The completion of this acquisition follows the approval by Intermec shareholders on March 19 as well as the receipt of required regulatory approvals in … EVERETT, Wash.--(BUSINESS WIRE)--Intermec, Inc. (NYSE: … Honeywell International Inc., a diversified technology and manufacturing company, will acquire Intermec for $10.00 per share in an all-cash transaction valued at approximately $600 million, net of cash and debt acquired. URL consultato l'8 ottobre 2014 (archiviato dall'url originale il 16 ottobre 2014). Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. Partner Help donors request donation matches and raise more money with matching gifts! Honeywell International is buying Everett-based Intermec, which makes radio-frequency identification (RFID) products and bar code printers, for about $600 million, the two companies announced Monday. Honeywell Completes Acquisition of Intermec. Elena Doom Newsroom » Your source for all the latest buzz - Intermec news and press releases. Login. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, religion, or veteran status. By acquiring Intermec®, Honeywell® will move into a solid second-place position with around 27% market share. In support of the deal, Honeywell won EU regulatory approval for the proposed acquisition in June of this year.

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