July 4, 2025 - 02:42

Honeywell has announced its acquisition of Nexceris' Li-ion Tamer business, a move that enhances its capabilities in fire safety technology. The Li-ion Tamer technology specializes in off-gas detection, offering a sophisticated solution that provides early warnings of thermal runaway incidents in lithium-ion batteries. This acquisition represents a significant addition to Honeywell's existing fire safety technology portfolio within its Building Automation segment.
The integration of Li-ion Tamer’s innovative detection solutions aligns with Honeywell's commitment to improving safety standards in various industries, particularly as the use of lithium-ion batteries continues to rise. This strategic acquisition builds upon a five-year partnership between Honeywell and Nexceris, aimed at advancing battery safety measures. By incorporating this cutting-edge technology, Honeywell is poised to deliver enhanced safety solutions that can effectively mitigate risks associated with lithium-ion batteries, ensuring a safer environment for users and facilities alike.
June 25, 2026 - 01:57
Why Marvell Technology (MRVL) Shares Are Trading Lower TodayShares of Marvell Technology dropped 4.1% in afternoon trading on Wednesday, caught in a wider downturn that swept across the semiconductor industry. The decline followed a sharp selloff in South...
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Asian tech stocks rebound after global rout; Samsung up 9%Asia`s technology stocks staged a strong recovery on Wednesday, bouncing back after a brutal global sell-off that wiped out billions in market value the day before. Investors moved to scoop up...
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