• 1997

Company Description

Intermec Inc. is a manufacturer and worldwide supplier of Automated identification and data capture equipment, including barcode scanners, barcode printers, mobile computers, RFID systems, voice recognition systems, and life cycle services.Intermec holds a large number of the patents in RFID (Radio Frequency Identification) and customers include 75 percent of Fortune 500 companies and 60 percent of Fortune 100 companies.On December 10, 2012, Intermec announced a definitive agreement under which Honeywell International Inc. will acquire Intermec for $10.00 per share in an all-cash transaction valued at approximately $600 million. The acquisition is expected to close by the end of Q2 2013.