Honeywell buys alert and dispatch technology company US Digital Designs
By Josh Beckerman
Honeywell International Inc. has agreed to purchase US Digital Designs Inc. which provides alert and dispatch communications technology that helps speed emergency response times.
US Digital’s products include the Phoenix G2 Fire Station Alert System, which has features such as automatic fire station alerts that reduce dispatcher wait time and dashboards to track alerts and fire station alarms.
Honeywell, which did not disclose the sale price, said the deal had a purchase multiple of 14 times earnings before interest, taxes, depreciation and amortization.
Honeywell said “it is estimated that in the coming years, in accordance with pending federal legislation to improve the 911 system, several billions will be invested in the United States alone to upgrade the alarm infrastructure. to provide faster and more accurate alarm alerting to first responders. “
The acquisition will be integrated into Honeywell’s connected life security and fire systems business, Honeywell said. “Combined with Honeywell’s solutions, US Digital Designs’ offerings will securely transmit detailed emergency data, such as hazard type, severity and location” within buildings, the company said.
Honeywell’s public safety acquisitions included Fibrex Communications Inc. in March.
Other companies involved in 911 and fire response technology include Comtech Telecommunications Corp., Everbridge Inc. and Motorola Solutions. In July, Everbridge said its Everbridge 911 Connect “provides improved location accuracy and provides unique caller ID information on wireless calls to 911, leveraging an extensive security database.” people from more than 250 million residential and professional contacts”.
Write to Josh Beckerman at [email protected]