Honeywell, a U.S. industrial giant, announced on Friday that it would acquire the security unit of Carrier, a leading air conditioner maker, for $4.95 billion in cash. The deal, which is the largest for Honeywell’s new CEO Vimal Kapur, will expand its building safety business and give it access to popular security brands such as…
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Stealth signs agreement with Honeywell to progress commercialisation of Autonomous Security Vehicles
SYDNEY, AUSTRALIA: Strategic Elements Ltd (ASX: SOR) announced that automation and robotics company Stealth Technologies (Stealth) has signed an agreement with global software-industrial company Honeywell to progress commercialisation of Autonomous Security Vehicles (ASVs) for perimeter security. – Stealth will engage exclusively with Honeywell for customers in the correctional, telecommunications and defence industries in Australia, New…