Giant conglomerate Honeywell pays up $600 million in cash for Intermec, a manufacturer of automated identification and data capture products for specialised markets.
According to a press statement Intermec technology (such as rugged mobile computing devices and RF identification products) will go towards expanding the Honeywell auto identification and data capture offering.
"The agreement with Honeywell not only maximizes value for our stockholders, it combines our history of innovation and engineering expertise, global reach and leading products Read more...