About This Deal

HONEYWELL INTERNATIONAL INC acquired Akuacom, a transaction completed in May 2010, structured as Acquisition (terms undisclosed).

Akuacom operates in Building Automation (Honeywell Building Solutions), is based in United States (San Rafael, California). Akuacom, based in San Rafael, California, was a leader in automated demand response for the smart grid; its Demand Response Automation Server gives utilities and system operators two-way communication with commercial and industrial energy-management systems (based on the OpenADR standard). Honeywell acquired it to expand its automated demand-response and smart-grid offerings.

Adds OpenADR-based automated demand-response technology, letting Honeywell help utilities and grid operators trim peak demand across commercial and industrial sites.

Deal Terms

Acquirer
HONEYWELL INTERNATIONAL INC
Target
Akuacom
Value
Not disclosed
Date
May 2010
Type
Acquisition
Status
Official-source - no SEC filing

Transaction Details

Target HQ
United States (San Rafael, California)
Segment
Building Automation (Honeywell Building Solutions)
Structure
Acquisition (terms undisclosed)
Announced
May 7, 2010
Closed
May 7, 2010

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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