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Honeywell to acquire Civitanavi Systems for aerospace navigation solutions

Honeywell announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A.  Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing). The acquisition will further strengthen Honeywell’s capabilities to help … Read more

Anant Maheshwari Named Honeywell High Growth Region President And CEO

Anant Maheshwari

Honeywell announced today that Anant Maheshwari has been named President and CEO of Honeywell’s High Growth Region portfolio, effective September 4, 2023. He will succeed Ben Driggs, who will be taking another leadership role in the company. Maheshwari will be a Corporate Officer of the Company, reporting directly to Honeywell CEO Vimal Kapur and will … Read more

Honeywell Bolsters Cybersecurity Software Portfolio with ScadaFence Acquisition

Honeywell (Nasdaq: HON) today announced it has agreed to acquire SCADAfence, a leading provider of operational technology (OT) and Internet of Things (IoT) cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to industrial and buildings management cybersecurity programs. The OT cybersecurity industry … Read more