Honeywell successfully completed the acquisition of e-tengmai, Beijing, September 18, 2013 -- Honeywell (NYSE: HON) announced today that it has successfully completed the acquisition of e-tengmai (NYSE: in). INTERMEC is a leading provider of mobile computing, RFID, speech recognition and data acquisition, and printing solutions. In December, 2012, Honeywell announced its plan to acquire e-tengmai company with nearly US $600million in cash
the addition of Yi Tengmai is another successful measure of Honeywell after the acquisition of HHP, metrologic and EMS. It will further consolidate Honeywell's market leading position in the field of automatic identification, expand the business scope of Honeywell's scanning and mobile technology department, and enable it to provide customers with more RF identification, printing and voice solutions, It is expected to increase the annual sales of Honeywell by more than 800 million US dollars
Mr. John Waldron, President of Honeywell scanning and mobile technology department, said: the acquisition of e-tengmai will bring us more innovative products and solutions, profound engineering and manufacturing experience, and broad global sales channels. This will help us provide more and more innovative technologies in the highly attractive experimental program: automatic identification and data acquisition market, and further fulfill our commitments to customers
e-tengmai will become a part of Honeywell scanning and mobile technology department under Honeywell automation control system group. As early as 2013, this acquisition of polysulfide building sealant jc483 (9) has been recognized by the shareholders of e-tengmai and has been approved by the corresponding laws of the United States and the European Union
Honeywell scanning and mobile technology department
Honeywell scanning and mobile technology department (HSM) is subordinate to Honeywell automation control system group (ACS). It is a top manufacturer of high-performance imaging and laser data acquisition equipment. Its products include mobile data terminals and bar code scanners. Honeywell scanning and mobile technology is one of the manufacturers with the most comprehensive product line in the automatic identification and data acquisition industry. It is a new product acquisition device developed in recent years to provide electronic data for enterprises in the fields of retail, manufacturing, medical treatment, transportation and logistics, helping them improve operation efficiency and service quality. In addition, Honeywell also provides advanced software, services and professional solutions to help customers manage data and assets more efficiently. Our products are sold all over the world through a wide range of dealers and distributors. For more company information, please log in to Honeywell scanning and mobile technology station or visit our Weibo @ Honeywell scanning and mobile technology
Honeywell
Honeywell () is a diversified, high-tech advanced manufacturing enterprise, one of the fortune 100. In the world, its business involves aviation products and services, building, home and industrial control technology, turbocharger and characteristic materials. Honeywell is headquartered in Morris, New Jersey, USA, and its shares are listed on the New York, London and Chicago stock exchanges. Honeywell's history in China can be traced back to 1935. At that time, Honeywell opened its first Distribution Agency in a broader domestic market. At present, Honeywell's four business groups have all settled in China, and the Asia Pacific headquarters of all its business departments have also been moved to China, with many branches and joint ventures in 20 cities in China. Honeywell has about 12000 employees in China. For more company information, please visit Honeywell
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