HONEYWELL INTERNATIONAL INC acquired Xtralis for $480 million, a transaction completed in April 2016, structured as Acquisition.
Xtralis is a leading global provider of aspirating smoke detection, advanced perimeter-security technologies and video-analytics software. Honeywell acquired it to expand its fire, life-safety and security detection portfolio.
Expand Honeywell's fire and life-safety and perimeter-security detection offerings.
Advisory firms were not disclosed for this transaction.