Honeywell completes acquisition of EMS Technologies
The deal was valued at $491 million
August 25, 2011 | comments ( 0 ) |
Honeywell has completed its acquisition of EMS Technologies for approximately $491 million. EMS is a leading provider of connectivity solutions for mobile networking, rugged mobile computers and satellite communications.
The acquisition will enhance Honeywell’s existing capabilities in rugged mobile computing technologies within its Automation and Control Solutions business (ACS) and satellite communications within its Aerospace business. EMS’s $181 million Global Resource Management (GRM) division provides highly ruggedized mobile computing products and services for use in transportation, logistics, and workforce management settings as well as secure satellite-based asset tracking and messaging technology for search and rescue, warehousing, and field force automation environments.
“Acquiring EMS Technologies demonstrates our commitment to build on our leadership position in the global scanning and mobility industry,” said Darius Adamczyk, President of Honeywell Scanning & Mobility. “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.”
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