Honeywell Completes Acquisition of RAE Systems
- Global Manufacturer of Fixed and Hand-held Gas, Radiation Detection Devices
- Technology Used By Leading Corporations, Government Agencies in More Than 120 Countries
- Expands Honeywell Analytics’ Portfolio of Gas Detection Technologies
LINCOLNSHIRE, Illinois, June 4, 2013 – Honeywell (NYSE: HON) announced today that it completed its acquisition of RAE Systems, Inc., a global manufacturer of fixed and portable gas and radiation detection systems, and software for $340 million. The company will be integrated into Honeywell Analytics, part of Honeywell Life Safety (HLS) within Honeywell Automation and Control Solutions (ACS).