Tag: RAE
Honeywell division to acquire gas detection firm
April 25, 2013SSN Staff
NORTHFORD, Conn.—Honeywell's Golden Valley, Minn. business announced recently that it will buy a global gas-detection firm based in California, according to a company statement.
The company plans to purchase San Jose, Calif.-based RAE Systems for about $340 million, though the acquisition is still subject to regulatory approval, according to the report.
Once the acquisition is complete, RAE will be incorporated into the gas-detection portfolio of Honeywell Life Safety, based here.
RAE...
gas-detection, Honeywell, Mark Levy, RAE
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