Honeywell Makes Significant Investment in Trinity Mobility, with Path to Full Ownership, Accelerating Smart Cities Leadership
Description
Honeywell (NYSE: HON), a global leader in connected buildings, announced today a strategic investment in Trinity Mobility Private Limited, an India-based software company and provider of the leading internet of things (IoT) Smart Cities platform and software applications. This strategic investment will allow Honeywell to expand its smart cities capabilities by providing access to Trinity's Smart City solutions, which integrate information from various systems across a city in a common interface and allow operators to better assess, operate and manage the city's connected infrastructure. Together, Honeywell's and Trinity's smart cities solutions help make cities safer and more livable for citizens while helping customers manage and reduce their emissions.