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Honeywell To Acquire Adelaide, Australia-Based SaaS Company, Sine Group

By John F. Heerdink, Jr.

Reportedly, Honeywell (HON) to acquire Sine Group, an Australia-based technology, and software as a service (SaaS) company offering visitor management, workplace, and supply chain solutions that are easily accessible with mobile devices.

Sine’s technologies will provide support to the cloud-based mobile platform for Honeywell’s enterprise performance management offering, Honeywell Forge and Sine’s software will build-up Honeywell’s ConnectedBuildings offerings with expanded safety, security, and compliance capabilities.

Sine’s intuitive mobile application enables touchless check-in by mobile phone across a wide variety of industries including commercial real estate, education, industrial, logistics, pharma, construction, and others. Sine’s SaaS solution provides companies with capabilities to help improve safety, security, and compliance across their facilities for visitors, building occupants, and workers.

“Sine’s innovative and intuitive self-service software, combined with Honeywell Forge, will enable our customers to return to work and help keep their employees and customers safe,” stated Que Dallara, president, and CEO, Honeywell Connected Enterprise. “We will leverage Sine’s technological know-how and expertise to create a mobile extension of Honeywell Forge while also substantially enhancing our Connected Buildings offerings to enable even greater levels of safety and productivity for building occupants and their guests.”

Honeywell will also expand on Sine’s features and solutions and make Sine’s offerings globally available to more customers.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. 

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(Read Original Story: Honeywell Acquires Sine Group To Create A Mobile Platform For Honeywell Forge Offerings And To Enhance Connected Buildings Solutions in PR Newswire)


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