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Tag: building automation


Honeywell CEO: ‘We are creating a flywheel of themes’

Suppliers

Honeywell CEO: ‘We are creating a flywheel of themes’

July 26, 2024Ken Showers, Managing Editor

CHARLOTTE, N.C. — Honeywell’s Aerospace segment saw the largest growth in the second quarter, and the company’s recent acquisition of CAES Systems will only accelerate that.  Honeywell acquired the company in June for $1.9 billion in cash, adding 2,200 employees to its workforce.   “We are excited that this is the second aerospace-focused transaction we have announced this year, underscoring our alignment to the future of aviation,” said Vimal Kapur,...

Access Control, building automation, CAES Systems, Carrier Global Corp., Honeywell, Mergers & Acquisitions, Vimal Kapur


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Bosch begins acquisition of Paladin Technologies

Commercial

Bosch begins acquisition of Paladin Technologies

July 6, 2023SSN Staff

STUTTGART, Germany – Multinational engineering and technology company Bosch has announced plans to acquire Paladin Technologies, Inc., a Canadian-based provider of security, life safety solutions, and system integration services. In a release issued by the company, Bosch said this most recent addition will complement its 2015 acquisition of Climatec, LLC, which provided the company with a variety of energy efficiency, security, building automation, and life safety solutions in...

Bosch, building automation, Christian Fischer, Climatec, Paladin Technologies, Security, Ted Reid


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