Partner Steven Lane (Trade Media) In its second acquisition in less than three months, Honeywell International Inc. this morning announced that it would acquire Intermec Inc. ) in … Based on the company’s about 60.3 million outstanding shares, the deal is … Honeywell completed its acquisition of Metrologic Instruments, a manufacturer of laser and mobile imaging and remote scanning, for about $720 million. Almost one year ago, Honeywell announced its intent to acquire Intermec in an all-cash transaction valued at approximately $600 million, but the completion of this acquisition waited on the approval of Intermec shareholders as well as the receipt of required regulatory approvals in the United States and European Union. Cision PR Newswire. U.S. Securities and Exchange Commission. Intermec, provider of data capture and information management technology, fills a niche for Honeywell in pursuing opportunities in tracking and tracing applications. Honeywell International Inc. agreed to acquire Intermec Inc. for about $600 million, while the diversified industrial company also gave a cautious outlook for the new year. ^ Honeywell Closes RAE Acquisition - Analyst Blog, su nasdaq.com, Zacks.com, 6 giugno 2013. Bruce Eric Anderson (Business Media) Under the terms of the agreement, which has been approved by both companies’ Boards of Directors, Honeywell will acquire all of the outstanding common shares of Intermec … The year 2012 has been one of consolidation, but not innovation. Honeywell's Intermec Acquisition Reshaping the Competitive Landscape of the Rugged Mobile Market. Bruce.E.Anderson@Honeywell.com March 03, 2011 04:25 PM Eastern Standard Time. EVERETT, Wash.--(BUSINESS WIRE)--Intermec, Inc. (NYSE: … 4354 Ferguson Drive 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. 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 Completes Acquisition of Intermec ... INTERMEC TO ACQUIRE VOCOLLECT, RAISES Q4’10 GUIDANCE » January 18, 2011; Intermec Announces the 70 Series: One Platform, Four Products » January 11, 2011; Intermec and MobileFrame Engage with PBS&J to Aid Hurricane Relief... » December 13, 2010; Intermec Expands Award-Winning Line of Industrial Handheld Scanners... » November 02, … Honeywell Scanning & Mobility (HSM) is part of the Automation and Control Solutions (ACS) business group of Honeywell. “Not really,” she told me. "INTERMEC TO BE ACQUIRED BY HONEYWELL FOR $600 MILLION." 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. "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. Honeywell is an equal opportunity employer. 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). This comes shortly after Motorola Solutions’ acquisition of rugged device manufacturer Psion, announced in June 2012 and completed in October 2012.. 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. 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. Honeywell 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 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. Help donors request donation matches and raise more money with matching gifts! Honeywell (www.Honeywell.com) 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. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. The acquisition will cost Honeywell $0.03 to $0.04 in its 2013 earnings per share (EPS), … Here’s a bit of news of interest to our user community. Leave a Comment. 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 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 … 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. Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million. FTC clearance was announced on September 13, 2013. Intermec holds patents in RFID (Radio Frequency Identification) and customers include 75 percent of Fortune 500 companies and 60 percent of Fortune 100 companies. From Reuters: Honeywell sees slow 2013, to buy Intermec for $600 million. Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. 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. Learn more about Intermec, now a part of Honeywell Scanning and Mobility.

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. URL consultato l'8 ottobre 2014. We provide reliable repair & maintenance service for all types of equipment, including laser and label printers, barcode scanners and mobile computers. Honeywell Completes Acquisition of Intermec. Honeywell International Inc. said it completed its acquisition of mobile computing company Intermec Inc. for $600 million. HSM is a leading manufacturer of high-performance image- and laser-based data collection hardware, including rugged mobile computers and bar code scanners. 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 Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. The LXE acquisition gave Honeywell about a 15% share of the AIDC market, moving Honeywell past Intermec (12%) into second place among AIDC vendors. Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales. | 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. "The addition of Intermec is a natural extension to our Scanning & Mobility business, which was established through the successful acquisitions of Hand Held Products, Metrologic and EMS," said Honeywell Automation and Control Solutions President and Chief Executive Officer Roger Fradin. 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. Honeywell is an equal opportunity employer. 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. By acquiring Intermec®, Honeywell® will move into a solid second-place position with around 27% market share. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. The deal was announced in December. 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. Honeywell announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million. Honeywell AIDC products; Intermec Products; Acquisitions since 2002. 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. ] Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. With the purchase, Honeywell will acquire all outstanding common shares of Intermec for $10 per share in cash, totaling approximately $600 million. 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 announced its intent to acquire Intermec in December 2012, in an all-cash transaction valued at approximately $600 million. Elena Doom Approximate $600 million deal was announced in December 2012, adding over $800 million in annualized sales. General Data Company Inc. For more news and information on Honeywell, please visit www.HoneywellNow.com. 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 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 … FORT MILL, S.C., Sept. 17, 2013 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that it has completed its acquisition of Intermec (NYSE: IN), a … | [ Intermec Completes Acquisition of Vocollect. 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. Intermec Completes Acquisition of Vocollect. Honeywell Completes Acquisition of Intermec. Motorola Solutions® is the largest supplier of automated identification and data collection (AIDC) products, with a market share of over 40%. Under an agreement signed on December 9, 2012, Honeywell proposes to acquire Intermec … Newsroom » Your source for all the latest buzz - Intermec news and press releases. The Merger was approved by Intermec’s stockholders on March 19, 2013 and received regulatory approval from the European Commission on June 14, 2013. This comes shortly after Motorola Solutions’ acquisition of rugged device manufacturer Psion, announced in June 2012 and completed in October 2012. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. Here’s a bit of news of interest to our user community. Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. Accessed May 22, 2020. In support of the deal, Honeywell won EU regulatory approval for the proposed acquisition in June of this year. EVERETT, Wash.--(BUSINESS WIRE)--Intermec, Inc. (NYSE: … Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. In support of the deal, Honeywell won EU regulatory approval for the proposed acquisition in June of this year. 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. Honeywell will pay $10 a share for Intermec, a premium of 25.3% to Intermec's closing price of $7.98 on Friday. Intermec Foundation matches gifts. 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. Shares of Honeywell (HON) ended Monday's trading session roughly unchanged. 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. Intermec will be integrated with Honeywell Scanning & Mobility, within the company’s Automation and Control Solutions business. 0 By Larry Silverman Mobile Devices Technology December 10, 2012. Intermec will be integrated with Honeywell Scanning & Mobility, within the company's Automation and Control Solutions business. 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.

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