Honeywell gets serious about the field

June 26, 2007
Honeywell Process Systems announced very early this morning that they have bought Enraf, a vendor of tank farm controls and high precision radar level products. This gives Honeywell a competitive group to Emerson's former SAAB unit. Is this a good thing? Yes, since Honeywell is very clear that their market is in the petrochem market-- but if they want to grow out of that business into other verticals, this acquisition won't help them do it....
Honeywell Process Systems announced very early this morning that they have bought Enraf, a vendor of tank farm controls and high precision radar level products. This gives Honeywell a competitive group to Emerson's former SAAB unit. Is this a good thing? Yes, since Honeywell is very clear that their market is in the petrochem market-- but if they want to grow out of that business into other verticals, this acquisition won't help them do it.

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