HONEYWELL INTERNATIONAL INC acquired Callidus Technologies, a transaction completed in December 2008, structured as Acquisition.
Callidus Technologies operates in Performance Materials and Technologies (Honeywell UOP), is based in Tulsa, Oklahoma, USA. Callidus Technologies of Tulsa, Oklahoma designed and fabricated custom industrial combustion products, including refinery burners and controls, flares and thermal oxidizers. Honeywell acquired it to expand its combustion and process-heat offerings; the business was later folded into Honeywell UOP.
Broaden Honeywell's industrial combustion and thermal-equipment portfolio for refining and petrochemicals.
Advisory firms were not disclosed for this transaction.