M&A Deal Summary

Honeywell Acquires Intelligent Automation

On June 3, 2008, Honeywell acquired aerospace company Intelligent Automation

Acquisition Highlights
  • This is Honeywell’s 5th transaction in the Aerospace sector.
  • This is Honeywell’s 29th transaction in the United States.
  • This is Honeywell’s 3rd transaction in California.

M&A Deal Summary
Date 2008-06-03
Target Intelligent Automation
Sector Aerospace
Buyer(s) Honeywell
Deal Type Add-on Acquisition

Target

Intelligent Automation

Poway, California, United States
Intelligent Automation Corp. is a supplier of helicopter on-board diagnostic systems used in both military and commercial aircraft.

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Buyer(S) 1

Buyer

Honeywell

Charlotte, North Carolina, United States
Category Company
Founded 1885
Sector Diversified
Employees95,000
Revenue 36.7B USD (2023)
DESCRIPTION
Honeywell office in Hyderabad, India.
Honeywell office in Hyderabad, India.

Honeywell is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. Honeywell was founded in 1885 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 42 of 84
Sector (Aerospace) 5 of 7
Type (Add-on Acquisition) 32 of 64
State (California) 3 of 6
Country (United States) 29 of 56
Year (2008) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-16 Norcross Safety Products

Cranston, Rhode Island, United States

Norcross Safety Products a designer, manufacturer and marketer of branded products in the personal protection equipment industry. The Company manufactures and markets a full line of personal protection equipment for workers in the general safety, domestic preparedness, fire service and utility/high voltage industries. The Company sells products under trusted, long-standing and well-recognized brand names, including North, Morning Pride, Ranger, Servus, Pro-Warrington and Salisbury.

Buy $1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-04 Callidus Technologie

Tulsa, Oklahoma, United States

Callidus Technologie LLC, a manufacturer of custom-designed and fabricated industrial combustion products, including refinery burners and controls, flares and thermal oxidizers. Designs, supplies and commissions environmental and combustion equipment and services worldwide, primarily for the oil and gas and petrochemicals industries. Callidus sells through a global network of manufacturing representatives and has sales offices in London, Mumbai, Tokyo and Shanghai.

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