Honeywell Acquires Sine Group

Honeywell

Honeywell (NYSE: HON) acquired Sine Group, anĀ Adelaide, Australia-based technology and software as a service (SaaS) company that provides visitor management, workplace and supply chain solutions that are accessible with mobile devices.

The amount of the deal was not disclosed.

Sine’s technologies will support a cloud-based mobile platform for Honeywell Forge, Honeywell’s enterprise performance management offering, and Sine’s software will augment Honeywell’s Connected Buildings offerings with expanded safety, security and compliance capabilities.

Honeywell will also expand on Sine’s features and solutions and make Sine’s offerings available to more customers, globally.

Led by Antony Ceravolo, founder and chief executive officer, Sine provides a mobile application that enables touchless check-in by mobile phone across a wide variety of industries including commercial real estate, pharma, education, industrial, logistics, construction and others. The company’s SaaS solution provides companies with capabilities to help improve safety, security, and compliance across their facilities for visitors, building occupants and workers. Sine has also built a suite of features to enable organizations to manage their COVID-19 return-to-workplace protocols, including pre-screening, thermal camera integrations, capacity management and contact tracing.

Honeywell Forge is purpose-built on a native edge-to-cloud, data-driven architecture designed to accelerate digital transformation of operations. For industrial businesses, this enterprise performance management SaaS application provides capabilities for facility, plant, or warehouse managers to help make their operations smarter, leaner and more efficient.

FinSMEs

29/12/2020

Join the discussion