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Tag: acquires Videofield


Honeywell drops UTC bid, buys Videofied for $123 million

March 1, 2016Martha Entwistle

MELVILLE, N.Y.—In two separate announcements Honeywell today said it is no longer pursuing a merger with UTC, and it also said it has purchased video verification provider Videofied (RSI Video Technologies) for $123 million.Founded in 2000, RSI is based in Strasbourg, France, and Minnesota. Videofield has more than 1 million systems installed worldwide, and 110 employees in France and the U.S., according to Honeywell.RSI provides wireless battery-powered motion detectors with built-in cameras...

acquires Videofield, Honeywell drops UTC bid, RSI Video Technologies

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