North Carolina-headquartered Honeywell said Monday the transaction’s value is 14 times the projected earnings before interest, taxes, depreciation and amortization at US Digital Designs and the industrial conglomerate expects to generate a return on investment of more than 25 percent by the fifth year of the combination.
US Digital Designs’ products are geared to facilitate dispatch and alert communications between fire stations and dispatch centers.
The combined portfolio will also include bi-directional amplifiers made by Fiplex Communications, where Honeywell purchased a majority stake earlier this year.
Honeywell forecasts that the U.S. government will invest billions in first responder infrastructure as pending legislation seeks to augment the country’s 911 system.
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