Optimization: Honeywell buys PAS advanced process control business


Houston, TX —In a move regarded by many as positive, Honeywell has agreed to buy PAS ' Advanced Control & Optimization (APC&O) business. The transaction includes the linear and non-linear controls and optimization technologies and related customer contracts and personnel. Divestiture of these assets, says PAS, will streamline its portfolio and accelerate the development of its alarm management and integrity automation asset configurations management businesses.

Comments on the purchase from analysts and industry observers were highly favorable. Said Tom Fiske, research director at ARC Advisory Group, "From an industry perspective, ARC views this transaction as a positive for everyone involved. End-users will benefit from the long-term PAS and Honeywell partnership, which will facilitate a seamless transfer of ownership to Honeywell and continued support for the technology."

Fiske went on to note that PAS is "gaining traction in a burgeoning market with its alarm management and automation configuration management solutions. PAS benefits from the divestiture by allowing them to concentrate their resources on managing this high-growth business. Honeywell benefits by strengthening their competitiveness in the APC and optimization market."

Calling the sale a strategic move that will sharpen PAS' focus and strengthen its growth, PAS founder and CEO Eddie Habibi said, "Focus defines reality, and our focus is to repeat our 2006 growth rate of 100%+ in the businesses where we hold significant first-to-market advantages."

The acquisition is expected to bolster Honeywell's offerings in the APC&O market, allowing the company, said Jack Bolick, president of Honeywell Process Solutions, to "deliver more meaningful process information to operators and engineers to help them align operations with business objectives."

—Control Engineering Daily News Desk
Edited by Jeanine Katzel , senior editor

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Choosing controllers: PLCs, PACs, IPCs, DCS? What's best for your application?; Wireless trends; Design, integration; Manufacturing Day; Product Exclusive
Variable speed drives: Smooth, efficient, electrically quite motion control; Process control upgrades; Mobile intelligence; Product finalists: Vote now; Product Exclusives
Machine design tips: Pneumatic or electric; Software upgrades; Ethernet advantages; Additive manufacturing; Engineering Leaders; Product exclusives: PLC, HMI, IO
This article collection contains the 5 most referenced articles on improving the use of PID.
Learn how Industry 4.0 adds supply chain efficiency, optimizes pricing, improves quality, and more.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security