Ft Lauderdale, Florida 5/8/2010 4:45:00 AM
News / Business

Honeywell Acquires Akuacom Adding to their Smart Grid Technology Business

Honeywell (NYSE: HON) has announces it has acquired Akuacom. Akuacom provides automated demand response technology and services for clients within the smart grid.

The Akuacom Demand Response Automation Server provides utilities and independent system operations with two-way communication with energy management systems at commercial and industrial locations. Through the use of the service, utilities and ISOs can automate the deliver of price and reliability signals to these facilities.

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Akuacom will be merged into Honeywell Building Solutions. This acquisition complements Honeywell’s experience in managing all aspects of utility sponsored demand response programs.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials.

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