In view of persistent rumors about the well-being of Accutech/Adaptive Instruments, this press release from Adaptive Instruments' VP Wallace Lueders seems pretty clear:
ACCUTECH / ADAPTIVE INSTRUMENTS CORPORATION COMPLETES LICENSE AGREEMENT WITH HONEYWELL INDUSTRIAL MEASUREMENT & CONTROL
Adaptive Instruments Corp.extends its Private Label supply relationship with Honeywell Field Solutions by entering into a manufacturing license agreement with Honeywell.The two companies have entered into this agreement to achieve three major objectives:
- Support the Honeywell OneWireless initiative;
- Increase the wireless instrument manufacturing capacity in support of the strong wireless market acceptance and;
- Further the objective of establishing an effective standard for Industrial Wireless platforms.