Honeywell (NASDAQ:HON) will integrate manufacturing execution system (MES) software offerings from Performix Inc. into its portfolio of offerings for life science companies. Financial details of the transaction were not disclosed. Houston, Texas–based Performix specializes in creating MES software for pharma and biotech companies. The company also has an office in Pune, India. Late last year, Honeywell…
Honeywell to acquire Sparta Systems for $1.3B
Honeywell (NYSE:HON) announced today that it will buy Sparta Systems (Hamilton, N.J.) and its medtech and pharma quality management software for $1.3 billion. Officials at Honeywell and Sparta Systems’ present owner New Mountain Capital expect the all-cash deal to close by the end of Q1 2021, pending certain regulatory approvals and other customary closing conditions. The…