Honeywell Completes Acquisition Of Datamax-O'Neil

- Positions Honeywell Scanning & Mobility to Expand in the $1.5B Global Barcode Printing Segment

- Acquisition Builds on Existing Printing Capabilities Acquired With Intermec

- Datamax-O'Neil Portfolio of Solutions Augments Honeywell's Ability to Deliver Enhanced Workflow Performance

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Mar 02, 2015, 08:28 ET

FORT MILL, S.C., March 2, 2015 /PRNewswire/ -- Honeywell (NYSE: HON) today announced that it has completed its acquisition of Datamax-O'Neil, a global manufacturer of fixed and mobile printers used in a variety of retail, warehouse and distribution, and health care applications. The $185 million deal was announced in December of 2014.

"Today is an exciting day for Honeywell and Datamax-O'Neil as we join together to meet and exceed the needs of our combined customers while staking out a leadership role in the estimated $1.5 billion global barcode printing segment," said John Waldron, president, Honeywell Scanning & Mobility. "We've been at the forefront of the AIDC industry for more than 40 years – helping customers be more efficient in how they move and track assets from one location to another, and process the information related to those transactions. Thermal printing and media are important components of our strategy to offer customers one of the industry's broadest portfolios of ruggedized mobile computers, scanners, voice-enabled workflow solutions, printing, software and service capabilities."

Datamax-O'Neil will be integrated with Honeywell Scanning & Mobility based in Fort Mill, South Carolina, a business of Honeywell Automation and Control Solutions.

For more information on Honeywell Scanning & Mobility, please visit www.honeywellaidc.com or follow @HoneywellAIDC on Twitter.

About Honeywell Scanning & Mobility
Honeywell Scanning & Mobility (HSM) is a leading manufacturer of high-performance image- and laser-based data collection hardware, including rugged mobile computers and bar code scanners, radio frequency identification solutions, voice-enabled workflow and printing solutions. With the broadest product portfolio in the automatic identification and data collection industry, HSM provides data collection hardware for retail, healthcare, distribution centers, direct store delivery, field service and transportation and logistics companies seeking to improve operations and enhance customer service. Additionally, HSM provides advanced software, service and professional solutions that help customers effectively manage data and assets. HSM products are sold worldwide through a network of distributor and reseller partners. For more information on Honeywell Scanning & Mobility, please visit www.honeywellaidc.com.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes, and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.