About This Deal

HONEYWELL INTERNATIONAL INC acquired IAC (Intelligent Automation Corporation), a transaction announced in June 2008, structured as Acquisition (terms undisclosed).

IAC (Intelligent Automation Corporation) operates in Aerospace (Defense & Space), is based in United States (Poway, California). The 2008 Honeywell target commonly abbreviated 'IAC' was Intelligent Automation Corporation of Poway, California, a supplier of Health and Usage Monitoring Systems (HUMS) and on-board diagnostic systems for military and commercial helicopters, fixed-wing aircraft, UAVs and ground vehicles. Honeywell's Defense & Space business acquired it to strengthen its aircraft diagnostics and prognostics expertise.

Adds HUMS / on-board diagnostics and prognostics technology to Honeywell's aerospace platforms for military and commercial customers.

Deal Terms

Acquirer
HONEYWELL INTERNATIONAL INC
Target
IAC (Intelligent Automation Corporation)
Value
Not disclosed
Date
June 2008
Type
Acquisition
Status
Official-source - deal not separately disclosed in SEC filing

Transaction Details

Target HQ
United States (Poway, California)
Segment
Aerospace (Defense & Space)
Structure
Acquisition (terms undisclosed)
Announced
June 4, 2008

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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