Honeywell
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AlliedSignal, Inc. was an American aerospace, automotive and engineering company, created through the 1985 merger of Allied Corp. and The Signal Companies. It purchased Honeywell for $14.8 billion in 1999, and adopted the Honeywell name and identity.
Learn how Honeywell evolved from a heating company to a global leader in technology and innovation. Discover the milestones and achievements from 1885 to 2021, including the merger with AlliedSignal in 1999 and the launch of Quantinuum in 2021.
AlliedSignal Inc., formed from the acquisition of Signal Companies, Inc. by Allied Corporation on August 6, 1985, is one of the largest industrial corporations in the world. The company provides a wide range of products for many industries, including aerospace and automotive parts, chemicals, fibers, plastics, and advanced materials.
7 Jul 2024 · AlliedSignal, former American corporation that became a leading manufacturer of aerospace systems and components before merging with Honeywell International, Inc., in 1999.
Honeywell Aerospace began in 1914. Over nearly a century, through various acquisitions, mergers and name changes, Honeywell Aerospace combined legacy companies Sperry, Bendix, Garrett AiResearch, Pioneer, Lycoming, Grimes, King Radio and AlliedSignal.
1 Jul 1999 · The merger created a $25-billion company with aerospace and other businesses, but also led to layoffs and divestiture rumors. The new Honeywell retained the name and headquarters of the former Honeywell, while AlliedSignal became its subsidiary.
19 Apr 2001 · The Honeywell and AlliedSignal “merger of equals” created a new $24 billion, Fortune 65 company with 120,000 employees in 100 countries. The New York Times heralded the deal as “A Merger Made in Heaven” and Mergers and Acquisitions magazine named it 1999’s “Strategic Merger of the Year.”
