HONEYWELL INTERNATIONAL INC acquired Metrologic Instruments for $720 million, a transaction completed in July 2008, structured as All-cash acquisition (all outstanding shares).
Metrologic Instruments operates in Safety and Productivity Solutions (formerly Automation and Control Solutions scanning/imaging), is based in United States (Blackwood, New Jersey). Metrologic Instruments is a manufacturer of laser and image-based barcode scanning and data-capture hardware and software for retail point-of-sale, industrial, healthcare and distribution applications. Honeywell acquired it to expand its growing laser, imaging and enterprise-mobility business within data capture.
Expands Honeywell's laser, imaging and enterprise-mobility data-capture portfolio and its international footprint (about 65% of Metrologic sales were outside North America).
Advisory firms were not disclosed for this transaction.