HONEYWELL INTERNATIONAL INC acquired Plant Automation Systems (PAS), structured as Asset acquisition (advanced process control and optimization business of PAS Inc.).
Plant Automation Systems (PAS) operates in Automation and Control Solutions (Honeywell Process Solutions), is based in Houston, Texas, USA. Honeywell Process Solutions acquired the advanced process control (APC) and optimization software business of PAS Inc., a Houston-based supplier of software for the process industries. The purchase added linear and non-linear control and optimization technologies, along with the associated customer contracts and personnel, to Honeywell's process automation portfolio.
Broaden Honeywell's advanced process control and optimization technology and enhance its process simulation and control offerings.
Advisory firms were not disclosed for this transaction.