Honeywell Acquires Li-ion Tamer & Boosts Building Automation Portfolio

Key Takeaways HON acquired Li-ion Tamer, a thermal runaway detection firm, to expand its automation portfolio. The acquisition adds over 30 global patents and strengthens HON's fire life safety product suite. Acquisition supports HON's growth in energy storage and data center markets via advanced fire detection.Honeywell International Inc. (HON) recently completed the acquisition of Li-ion Tamer business from Nexceris. The financial terms of the transaction were kept under wraps.HON’s shares gained 2.5% y ...