HONEYWELL INTERNATIONAL INC acquired Tridium, Inc., a transaction announced in November 2005, structured as Acquisition (operated as separate business entity).
Tridium, Inc. operates in Automation and Control Solutions (Building Solutions / Environmental and Combustion Controls), is based in Richmond, Virginia, USA. Tridium, of Richmond, Virginia, developed the Niagara Framework, a software platform that integrates diverse building and industrial devices regardless of manufacturer or protocol and manages them over the web. Honeywell, already a Tridium alliance partner since 2000, acquired the company to own this open integration platform for energy management, building automation and beyond.
Own the vendor-neutral Niagara Framework integration platform underpinning building automation and energy management.
Advisory firms were not disclosed for this transaction.