Honeywell Int'l, Inc. (HON) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Honeywell Int'l, Inc. (HON)

HON 201.33

+0.6%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext

From: Sr K	12/8/2023 7:58:08 AM
	1 Recommendation Recommended By Lance Bredvold of 58

Honeywell to Buy Carrier Unit for $5 Billion Business makes products including electronic locks for hotels and hospital chains By Lauren Thomas Updated Dec. 8, 2023 7:01 am ET Share Resize Listen (2 min) The deal is part of a push by Honeywell to meet increasing demand for cloud-based products. PHOTO: ELIJAH NOUVELAGE/BLOOMBERG NEWS Honeywell International has struck a roughly $5 billion deal to buy Carrier Global’s security business, as the industrial giant embarks on a spending spree to bolster its portfolio. The security business makes products including electronic locks for big companies, hotels and hospital chains. The acquisition is meant to help bulk up Honeywell’s Building Automation segment, whose customers include hospitals, airports, data centers and the like. It is part of a push by the Charlotte, N.C.-based company, which operates in industries ranging from aerospace to energy, to meet increasing demand for cloud-based products. Exc.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 PreviousNext