About This Deal

HONEYWELL INTERNATIONAL INC acquired RSI Video Technologies for $123 million, a transaction completed in March 2016, structured as Acquisition.

RSI Video Technologies operates in Automation and Control Solutions (Security and Fire), is based in Minnesota, USA (with operations in Strasbourg, France). RSI Video Technologies was a global provider of intrusion-detection systems marketed under the Videofied brand, using wireless, battery-powered motion detectors with built-in cameras that stream live video to central monitoring stations over the cloud. Honeywell acquired it to add video-verification and a DIY-plus-professional-monitoring capability to its security portfolio.

Meet growing demand for video-verified intrusion detection and add a DIY-plus-professional-monitoring offering.

Deal Terms

Acquirer
HONEYWELL INTERNATIONAL INC
Target
RSI Video Technologies
Value
$123 million
Date
March 2016
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
Minnesota, USA (with operations in Strasbourg, France)
Segment
Automation and Control Solutions (Security and Fire)
Structure
Acquisition
Closed
March 1, 2016

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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