Honeywell to acquire Satcom1
Morristown, NJ-based Honeywell announced on November 16 that it has signed an agreement to acquire privately-held Satcom1, the leading provider of on board communications routing software and a satellite communications provider of airtime and consulting services. The acquisition positions Honeywell to offer operators a seamless experience with an all-in-one connectivity solution spanning routing software, airtime, hardware equipment, avionics, flight support services and applications. Revenues for 2015 are expected to be approximately . The transaction is expected to close by the end of 2015.