HONEYWELL INTERNATIONAL INC acquired Intermec for $600 million, a transaction completed in September 2013, structured as All-cash merger.
Intermec operates in Automation and Control Solutions (Scanning & Mobility; later Safety and Productivity Solutions), is based in Everett, Washington, USA. Intermec was an Everett, Washington maker of barcode scanners, mobile computers, RFID systems and printers for supply-chain and field workforces. Honeywell acquired it in an all-cash deal to scale up its Scanning & Mobility business and strengthen its automatic identification and data capture (AIDC) position.
Expand Honeywell's automatic identification and data capture (AIDC) and mobile-computing scale in the auto-ID/data-capture market.
Advisory firms were not disclosed for this transaction.