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Honeywell division to acquire gas detection firm

April 25, 2013SSN Staff

NORTHFORD, Conn.—Honeywell's Golden Valley, Minn. business announced recently that it will buy a global gas-detection firm based in California, according to a company statement. The company plans to purchase San Jose, Calif.-based RAE Systems for about $340 million, though the acquisition is still subject to regulatory approval, according to the report. Once the acquisition is complete, RAE will be incorporated into the gas-detection portfolio of Honeywell Life Safety, based here. RAE...

gas-detection, Honeywell, Mark Levy, RAE

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