Honeywell Signs Agreement to Acquire Hand Held Products
Honeywell signs a definitive agreement to acquire Hand Held Products, a privately held automatic identification and data collection company. Honeywell will incorporate Hand Held Products into its Security Group within the Automation and Control Solutions business. Honeywell will acquire Hand Held's core product line, which contains bar code scanners and rugged mobile, wireless computers. These computers are used for asset-tracking, logistics execution and supply chain management across diverse end markets.