Honeywell seals $491m buyout of EMS Technologies
Firm will enhance existing capabilities within businesses through deal
Honeywell, the US based control technologies manufacturer, has completed its acquisition of EMS Technologies for around $491m.
EMS is a provider of connectivity services for mobile networking, rugged mobile computers and satellite communications.
The acquisition will allow Honeywell to enhance its existing capabilities in rugged mobile computers technologies within its Automation and Control Solutions business and satellite communications within its Aerospace business.
“By adding EMS Technologies to our business, we will acquire complementary rugged hand-held and vehicle-based products and expand our presence in warehousing, manufacturing and port segments,” said Darius Adamczyk, president of Honeywell Scanning and Mobility.
“These new products will be growth drivers for our business,” he added.
Through its aviation division, EMS Technologies also provides terminals, antennas, in-cabin network devices, rugged data storage, and surveillance applications that are predominantly for use on aircraft and in other data gathering applications.
“Adding EMS products into our aerospace business means that Honeywell can now define and deliver the next big leap in satellite communications technology, a key growth area in aviation,” said Tim Mahoney, president and CEO of Honeywell Aerospace.