Intermec − 1966 to 2012
Intermec was acquired by Honeywell on December 10, 2012 at the ripe old age of 46 years old.
Honeywell gains Intermec’s reputation as a “one stop shop” for all your data collection requirements – printing, scanning, mobile computing, voice and printer labels. Honeywell gains Intermec’s vast portfolio of patents that cover RFID, battery management, bar code scanning and print technologies. Honeywell is already strong in the bar code scanning and mobile computing space, and now has the complete set.
This acquisition leaves only a handful of players in the data collection industry, with Honeywell, Motorola, Datalogic and Zebra being the last players standing. Intermec joins the many companies that have been acquired over the years, such as Symbol, LXE, Hand Held Products, Teklogix, Psion, Metrologic, Eltron, PSC and Norand.
For current Intermec customers, there is no reason to worry, as Honeywell will not want to dismantle Intermec’s valuable product portfolio. Honeywell acquired LXE in 2011 and LXE’s products still exist under the Honeywell banner. The Intermec PM4i printer will simply become the Honeywell PM4i – it will take a while for us to get used to the adjustment.
The sale will close in Q2 of 2013, but expect business to proceed as usual. So is it “HoneyMec” or “InterWell” now?