Honeywell (NYSE: HON) has entered into a definitive agreement to acquire Xtralis, a leading global provider of aspirating smoke detection along with advanced perimeter security technologies and video analytics software, for $480 million from funds advised by Pacific Equity Partners and Blum Capital Partners.
You can read much more about this in the link below…
http://honeywell.com/News/Pages/Honeywell-Acquires-Xtralis-A-Leader-of-Early-Fire-and-Intrusion-Detection-Technologies.aspx