"Sparta's TrackWise Digital and QualityWise.ai are a welcome addition to Honeywell's enterprise performance management software, Honeywell Forge, and will further enhance the link between quality and production data for life sciences manufacturers," says Que Dallara, president and CEO of Honeywell Connected Enterprise. Honeywell adds the acquisition will strengthen its leadership in industrial automation, digital transformation solutions and enterprise performance management software. There is no change to Honeywell's 2020 financial outlook as a result of the acquisition. The acquisition is expected to close by the end of 1Q21, pending regulatory approvals and other closing conditions. It has approximately 250 employees worldwide and serves more than 400 customers, including 42 of the world's top 50 pharmaceutical firms and 33 of the Top 50 medical device companies. ![]() Sparta Systems provides enterprise quality management software (QMS), including an SaaS platform for the life sciences. 22 that it's agreed to acquire privately held Sparta Systems for $1.3 billion in cash from New Mountain Capital. Honeywell acquired a majority stake in Fiplex Communications, Inc., in March 2021.Honeywell reported Dec. These offerings include Fiplex bi-directional amplifiers (BDAs) that provide continuous and critical in-building radio coverage. With this acquisition, Honeywell will further expand its public safety offerings designed to improve the safety of first responders and building occupants. "Honeywell's scale, global reach and commercial relationships will enable even more fire stations to access our solutions, helping to create safer communities," said Dominic Magnoni, vice president, chief mechanical engineer and chief operating officer, US Digital Designs. Reducing response times means we can protect more people, buildings and their assets," said Todd Smith, president and chief electrical engineer, US Digital Designs. "We are pleased to join the Honeywell team and support its efforts to add more automation and digitisation to the public safety communications process. The offerings complement Honeywell's suite of solutions that help its customers meet their environmental, social and governance (ESG) goals, including improving safety for first responders. US Digital Designs also offers solutions that awaken first responders with soft-start LED lighting and audio alerts that are less disruptive. US Digital Designs' suite of hardware and software solutions, which includes dispatch communication aids and mobile alerting applications, provides situational awareness and helps reduce response times. Helping first responders arrive faster on site means potentially saving more lives and providing a higher level of asset protection." ![]() "Integrating US Digital Designs' fire station alerting capabilities with Honeywell's Connected Life Safety Services will allow us to eliminate manual processes and significantly reduce response time. We are integrating intelligence throughout the fire alarm transmission process – from the fire panel to the first responders – and providing uninterrupted communications to first responders," said Doug Wright, president and chief executive officer, Honeywell Building Technologies. "The future of public safety relies on technology. It is estimated that in the coming years, aligned to pending federal legislation to improve the 911 system, several billions will be invested in the United States alone to upgrade legacy alarm infrastructure to provide faster, more precise alarm alerting to first responders. In contrast, solutions from US Digital Designs instantaneously connect dispatch centres to fire stations, improving both the quality of the information shared and the time it takes for first responders to arrive at an emergency. The existing communications infrastructure between fire stations and emergency centres often uses legacy, manual technology, which slows response times and affects the accuracy of transmitted information. When combined with Honeywell's solutions, US Digital Designs' offerings will securely transmit detailed data about the emergency, such as the type of hazard, severity, and location within the impacted building, all before first responders even arrive onsite. The acquisition will be integrated into Honeywell's Fire and Connected Life Safety systems business and will expand Honeywell's line of solutions for public safety communications, providing first responders with better situational awareness of building emergencies and improved life safety. According to the company, US Digital Designs' EBITDA margins are accretive to Honeywell, and Honeywell is expected to achieve a return on investment of greater than 25% by the fifth year that US Digital Designs is part of Honeywell.
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