Further expansion of scanning and mobile technology business product line

    2014year span>12month span>22Day, Shanghai  –  Recently, Honeywell (NYSE: HON)  with global printer manufacturersDatamax -O'Neilsigned a total of1.85$100 million acquisition agreement. Datamax-O'Neil Mainly produces stationary and mobile printers, and its products are widely used in retail, warehouse and distribution centers, and medical and health fields around the world. Following this acquisition, Honeywell Scanning & Mobility Technologies will further expand globally15Occupy seats in the bar code printing market, expand the new printer product line after the acquisition of Intermec, and strengthen the global sales and distribution network to enable2014annual sales expected Implement1.35 billion dollars. Datamax-O'Neil 's printer business is highly complementary to Honeywell's existing product lines for scanning and mobile technologies, resulting in significant sales opportunities and improved performance for the company. In addition, Datamax-O'Neil's printing supplies business will also provide Honeywell with substantial recyclable earnings. The acquisition is expected to close in 20152015, subject to the completion of customary closing conditions, including regulatory review. span>Completed in the first quarter of 2019.

    President, Honeywell Scanning and Mobile TechnologyJohn WaldronMr. said:“Committed to continuously enhancing product and technology offerings is Honeywell's consistent Promise, yesDatamax-O'NeilThe acquisition will further strengthen our valuation at approximately 15< span style="font-size:10pt;">billion dollar barcode printing market position. Thermal printing and media consumables are an important part of Honeywell's product supply strategy, and now we can supply customers in the industry Broadest Portfolio——Includes durable mobile terminals, barcode scanners, voice solutions, printers, software and services, and more. We are very excited to bring together two long-established industry leaders, enabling us to provide healthcare, retail, , field service, warehousing and other fields to provide a series of new printing solutions.”

    This acquisition will further expand Honeywell's existing scanning and durable mobile thermal printing products Newell atRFID , tickets, labels and other special printing applications. This is following 2013

    Upon completion of the acquisition,Datamax-O'Neil will be part of Honeywell Automation's Scanning and Mobility Technology Division , which is headquartered in Fort Mill, South Carolina, USA. Datamax-O'Neil Formerly part of Dover Group(NYSE: DOV) < span style="font-size:10pt;">, headquartered in Orlando, Florida, USA, with more than 300employees with principal locations in California, France and Singapore.