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Honeywell Deutschland Holding GmbH Strahlenbergerstrasse 110-112 63067 Offenbach, Germany http://www.honeywell.de
Contact Ms Christiane Bürk +49 89 17301920
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Honeywell Deutschland Holding GmbH

Honeywell Completes Acquisition of Hand Held Products, Inc.

(PresseBox) (Minneapolis, MN, )
Honeywell (NYSE: HON) today announced it has completed the acquisition of Hand Held Products, Inc., a privately held Automatic Identification and Data Collection (AIDC) company, for approximately $390 million.
Hand Held will become a new line of business, called Honeywell Imaging and Mobility, within Honeywell’s Security Group.
"This is a great investment for Honeywell. Hand Held significantly strengthens and broadens Honeywell’s portfolio, particularly in wireless innovation and the high-growth data collection and communication space," said Ben Cornett, President of Honeywell Security.
"Hand Held is poised for growth, with strong positions in key vertical markets that complement ACS’s existing technology and solutions."
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.