Intermec
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Through Manufacturing, Warehouse and Distribution (marketing)
Intermec held patents in RFID (Radio Frequency Identification) and customers include 75 percent of Fortune 500 companies and 60 percent of Fortune 100 companies. Intermec was traded on the New York Stock Exchange.
On December 10, 2012, Intermec announced it agreed to be acquired by Honeywell International Inc. in an all-cash transaction valued at approximately $600 million. The Merger was approved by Intermec's stockholders on March 19, 2013 and received regulatory approval from the European Commission on June 14, 2013. FTC clearance was announced on September 13, 2013.
On September 17, 2013, Honeywell announced the completion of the acquisition of Intermec. Intermec will be integrated with Honeywell Scanning & Mobility, within the Honeywell Automation and Control Solutions (ACS) business.
Products
The majority of Intermec's business comes from automating supply chain operations in manufacturing, warehouse and distribution, retail, transportation and logistics, direct store delivery and field service sectors. Their product lines include:
- RFID (Radio Frequency Identification) readers, printers, tags and labels
- Barcode scanners, Barcode printers and Media
- Mobile computers
- Wireless networks
- Software Tools and Utilities
- Voice recognition hardware systems and software
- Lifecycle Services
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Corporate timeline
- 1966 – Interface Mechanisms formed
- 1982 – Company renamed Intermec Corporation
- 1991 – Acquired by Litton Industries, Inc. (NYSE:LIT)
- 1994 – Ownership transferred to Western Atlas Inc. (NYSE:WAI), a Litton spin-off
- 1997 – Ownership transferred to UNOVA, Inc. (NYSE:UNA), a Western Atlas spin-off
- 1997 – Acquired Norand and UBI (United Barcode Industries)
- 1997 – Acquired radio frequency identification (RFID) semiconductor technology from IBM, Inc.
- 1998 – Acquired Amtech Corporation's high-frequency RFID business, Amtech Transportation Systems
- 2006 – UNOVA, Inc. becomes Intermec, Inc., retaining Intermec Technologies as subsidiary
- 2011 - Acquired private voice technology company Vocollect Inc. and life cycle services company Enterprise Mobile
- 2013 - Acquired by Honeywell, now part of Honeywell Scanning and Mobility