Tag: Carrier Global Corporation
Honeywell to spin off advanced materials business
October 8, 2024Ken Showers, Managing Editor
CHARLOTTE, N.C. — Honeywell has announced a plan to spin off its Advanced Materials business into an independent, U.S. publicly traded company, targeted to be completed by the end of 2025 or early 2026.
Vimal Kapur, chairman and CEO of Honeywell, said during a recent webcast with investors that it has been nearly a year since the company announced a reorganization to focus on the three megatrends of automation, aviation and energy transition.
“As we continue to...
Honeywell completes acquisition of Carrier's Global Access Solutions business
June 3, 2024SSN Staff
CHARLOTTE, N.C.—Honeywell has announced the completion of its acquisition of Carrier Global Corporation's Global Access Solutions business for $4.95 billion.
According to Honeywell, the deal positions the company as a leading provider of security solutions for the digital age with opportunities for accelerated innovation in the fast-growing, cloud-based services and solutions space.
This transaction also strengthens Honeywell's alignment of its portfolio around three...
Honeywell acquires Carrier’s Global Access Solutions for $4.95 billion
December 8, 2023SSN Staff
CHARLOTTE, N.C.—Honeywell announced plans to enhance and strengthen its building automation capabilities with the acquisition of Carrier Global Corporation’s Global Access Solutions business for $4.95 billion in an all-cash transaction.
The acquisition will add three respected brands to Honeywell’s portfolio with a focus on life safety and digital access solutions, including:
LenelS2, a business for over 25 years in commercial and enterprise access solutions, including...
Hakimo raises $6 million in funding for product development and market expansion
April 25, 2023SSN Staff
MENLO PARK, Calif. –Hakimo has six million reasons to celebrate today thanks to a round of funding led by Rocketship.vc.
The funding round also saw participation from existing investors Neotribe Ventures, defy.vc and Firebolt Ventures as well as new investors Carrier Global Corporation, through its venture capital group, Carrier Ventures, and well-known physical security industry entrepreneur John L. Moss. Hakimo has said the capital will be used to expand into new markets as it accelerates...
LenelS2 agreement with Hakimo expands AI portfolio
November 10, 2022SSN Staff
PITTSFORD, N.Y. – LenelS2 has announced a global reseller agreement with Hakimo to leverage their artificial intelligence (AI) driven security solutions with the LenelS2 OnGuard® and NetBox™ access control systems.
LenelS2, a part of Carrier Global Corporation (NYSE: CARR), praised Hakimo’s AI software saying that it allowed security teams to respond quickly to incidents and dramatically reduce “door-forced-open” and “door-held-open” nuisance...
LenelS2 introduces OnGuard security management system version 8.1
June 21, 2022SSN Staff
PITTSFORD, N.Y.—LenelS2, a global leader in advanced physical security solutions, including access control, video surveillance and mobile credentialing, has today announced the release of the OnGuard security management system version 8.1.
Version 8.1 provides empowering security teams with several major user interface enhancements, more unified security management, cloud- enabling features and access to deeper analytics that help facilitate intelligent decision-making. Major updates include...