HONEYWELL INTERNATIONAL INC acquired US Digital Designs, Inc. for $186 million, a transaction completed in January 2022, structured as all cash.
US Digital Designs, Inc. operates in Honeywell Building Technologies, is based in United States (Tempe, Arizona). Honeywell moved to acquire US Digital Designs, a Tempe, Arizona provider of alerting and dispatch communications systems used by emergency first responders, in an all-cash transaction announced in December 2021. The technology was folded into Honeywell's Fire and Connected Life Safety business, expanding its public safety communications offering. Honeywell positioned the addition as a way to give first responders faster response times and better situational awareness during building emergencies.
Honeywell acquired US Digital Designs, a leading provider of technologies for first responders, adding it to the Honeywell Building Technologies reportable business segment.
Adds first-responder and emergency-communications technology to Building Technologies. Honeywell Building Technologies
On January 18, 2022, the Company acquired 100% of the issued and outstanding shares of US Digital Designs, Inc., a leading provider of technologies for first responders, for total consideration of $186 million.Honeywell FY2022 10-K, Acquisitions note
Advisory firms were not disclosed for this transaction.