Honeywell completes acquisition of Carrier Global Corporation's Global Access Solutions business to strengthen security solutions
Acquiring Company
Honeywell International
CharlotteManufacturingArtificial IntelligenceSecurityAerospacePublic SafetyDescription
Honeywell, a multinational conglomerate, has successfully acquired Carrier Global Corporation's Global Access Solutions business for an enterprise value of $4.9 billion. With the acquisition, Honeywell aims to position itself as a leading provider of security solutions for the digital age, with a focus on accelerated innovation in the fast-growing, cloud-based services and solutions space. This strategic move further enhances Honeywell's Building Automation business segment with the addition of the LenelS.
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