by Brianna Crandall — March 9, 2016—Fortune 100 diversified technology and manufacturing provider Honeywell completed two acquisitions and decided not to pursue another in recent weeks.
Movilizer
Honeywell completed its acquisition of privately held Movilizer, which created one of the world’s first cloud platforms for field service applications. Movilizer is used by remote workers performing service or maintenance, sales and distribution, and warehousing activities away from the office.
Movilizer’s cloud software enables a distributed workforce to create, deploy and manage workflow solutions — whether at the point of sale, in the field, in a warehouse or distribution center. Customers can seamlessly collect, transmit and analyze data generated by their workers on their existing information technology (IT) systems, enabling them to harness the power of their workforce from anywhere to best serve the needs of their end customers.
Alex Ismail, president and CEO, Honeywell Automation and Control Solutions, commented:
Acquiring Movilizer’s cloud software platform advances our vision of the connected worker, driving growth, value through data, and new business models for our customers. Movilizer will drive greater productivity and flexibility for our customers and also helps us rapidly expand our software capabilities as a provider for the Industrial Internet of Things (IIoT) to enable greater safety, security and productivity for buildings, industrials and workers.
Named a 2015 “Cool Vendor in Mobile App Development” by Gartner, Movilizer’s multi-tenant, cloud and mobile applications are currently used by more than 200 multinational companies in 30 countries, executing more than 1.5 million mobile business application transactions daily in the utility, manufacturing and engineering, transportation and logistics, and consumer packaged goods industries.
The platform allows customers running SAP, for example, to more quickly build native mobile applications from scratch inside SAP or to rapidly deploy out-of-the-box mobile applications for service, maintenance, sales, distribution, warehouse or track-and-trace environments in just days, says Honeywell.
The platform has also enabled more than 100 partners and customers to create more than 1,000 unique applications for fleet management, field service, direct store delivery, asset rental management, mobile order entry, and time and attendance reporting, among others.
Movilizer is headquartered in Mannheim, Germany, and has a team of more than 100 people. Movilizer is now part of Honeywell Sensing and Productivity Solutions, based in Fort Mill, South Carolina, a business unit within Honeywell Automation and Control Solutions.
RSI Video Technologies / Videofied
Honeywell also announced that it has acquired privately held RSI Video Technologies (RSI), a global provider of intrusion detection systems for commercial and residential security applications under the brand Videofied.
RSI’s wireless battery-powered motion detectors with built-in cameras deliver live, high-quality video over the cloud to central monitoring stations and end-users. The acquisition enhances Honeywell’s ability to meet the increasing global customer need for video verification, and it also brings a unique do-it-yourself (DIY) offering combined with professional monitoring.
Founded in 2000 and based in Strasbourg, France, with key operations in Minnesota, RSI has one of the largest installed bases of video-verified alarm systems in the world, with more than 1 million installations in more than 60 countries. It has approximately 110 employees in France and the United States.
RSI will become part of Honeywell Security and Fire, a business unit of Honeywell Automation and Control Solutions and manufacturer of electronic security and life safety technologies for commercial buildings, industrial sites and homes worldwide.
United Technologies
After much public speculation, Honeywell announced that it is no longer pursuing a strategic combination with United Technologies due to the company’s unwillingness to engage in negotiations. Honeywell says the two companies have been talking about a combination for more than 15 years, and United Technologies approached Honeywell in May 2011 and in April 2015.
Honeywell was interested in a combination because it saw compelling value creation for both sets of shareholders and a readily executable transaction due to two largely complementary business portfolios, but Honeywell directors say they “have a terrific growth story for standalone Honeywell.”
