Honeywell Buying EMS Technologies for $500 Million
Honeywell on Monday said it has agreed to acquire EMS Technologies, an Atlanta-based maker of communications equipment for aerospace and defense industries, for around $500 million in cash. EMS Aviation, a division of EMS Technologies, supplies airborne satellite communications systems and broadband data components for gear that communicates over the Inmarsat, Iridium and Aircell networks.** […]