Honeywell was acquired by AlliedSignal in 1999.
The Acquisition of Honeywell
In a significant corporate event, AlliedSignal acquired Honeywell International Inc. in 1999. Following this acquisition, the combined entity adopted the more widely recognized and established name of Honeywell, reflecting the brand's strong legacy and global presence. This strategic move brought together two major players in the aerospace, automation, and specialty materials industries, leading to a diversified technology and manufacturing conglomerate.
The timeline below highlights this pivotal moment in Honeywell's history:
Year | Event |
---|---|
1885 | Invention of the furnace regulator |
1906 | Honeywell Heating Specialty Co. formed |
1999 | AlliedSignal acquires Honeywell |
This acquisition was a transformative period for both companies, shaping the future direction and portfolio of the modern Honeywell enterprise.