Thursday 20th Oct 2016 - Logistics Manager

Honeywell buys tech firm for £300m

Honeywell has completed its acquisition of EMS Technologies for US$491 million (£300 million).

EMS provides services for mobile networking, rugged mobile computers and satellite communications. Its global resource management division provides products and services for transport, logistics, and workforce management, as well as secure satellite-based asset tracking and messaging technology for warehousing and automation.

Honeywell made the investment to support its Control Solutions business, and satellite communications within its Aerospace business.

Darius Adamczyk, president of Honeywell Scanning & Mobility said: “By adding EMS Technologies to our business, we will acquire complementary rugged hand-held and vehicle-based products and expand our presence in warehousing, manufacturing and port segments. These new products and segments will be growth drivers for our business.”