Honeywell completes $480 million Xtralis acquisitionStaff writer ▼ | April 1, 2016
Honeywell completed its acquisition of Xtralis, a global provider of aspirating smoke detection, advanced perimeter security technologies, and video analytics software for $480 million.
Acquisition A good strategic fit to Honeywell
"This acquisition helps us expand our Critical Infrastructure Protection (CIP) business and will help enable strong growth in the coming years."
Xtralis aspirating smoke detection solutions protect many Fortune 500 companies, iconic sites, and critical infrastructures worldwide to provide very early warning and verification of threats to speed response time and minimize facility damages and potential injuries.
The company will be integrated into Honeywell's Automation and Control Solution strategic business group. ■