Honeywell has acquired bar code scanner manufacturer Metrologic Instruments for some £367 million ($720 million).
Metrologic will become part of Honeywell’s Imaging and Mobility division, which already encompasses Hand Held Products following its acquisition by the company last year.
By strengthening its imaging and mobility portfolio Honeywell aims to reinforce its distribution network and increase its global presence.
New Jersey-based Metrologic is a global provider of laser and imaging bar code scanners, including high performance linear and omni-directional laser scanners, fixed position and in-counter scanners, area imagers and rugged mobile computers.
It supplies the distribution, industrial, retail point-of-sale, healthcare and inventory sectors.