Honeywell Acquires Visual Gas Monitoring Leader Rebellion Photonics
The deal expands Honeywell’s gas monitoring, industrial processing and software solutions in oil and gas, petrochemical and power industries.
CHARLOTTE, N.C. — Honeywell (NYSE: HON) has acquired Rebellion Photonics, a Houston-based provider of visual gas monitoring solutions that are said to maximize safety, operational performance, emissions mitigation and compliance in the oil and gas, petrochemical and power industries.
Founded in 2009, Rebellion provides a patented gas cloud imaging system that incorporates cameras and proprietary hyperspectral imaging technology to pinpoint the source of a leak and measure the volume and concentration of gases. The company also provides real-time fire detection and intrusion and surveillance monitoring solutions to keep plants and facilities safe.
Rebellion’s real-time monitoring platform visually identifies and quantifies gas releases to quickly detect and analyze leaks and keep workers safe, according to an announcement. The intelligent monitoring system incorporates a machine learning software platform that automatically alerts plant operators if a gas leak, fire or security issue is detected and provides detailed analytics.
Rebellion’s self-calibrating technology offers a cost-effective monitoring solution by reducing the need to install, maintain and calibrate sensors throughout a site, the announcement states. Its customers include some of the world’s largest oil and gas, petrochemical and power companies, and its solutions are deployed at refineries, oil rigs, offshore platforms, pipelines and power plants.
The acquisition will become part of Honeywell’s Safety and Productivity Solutions business, which provides a wide range of gas detection technologies, safety gear, mobility solutions and software. Rebellion’s technology will also be deployed through Honeywell’s Performance Materials and Technologies business to help process manufacturing customers improve safety and compliance.
“This acquisition complements Honeywell’s strong portfolio of process technologies, automation and gas detection solutions and accelerates our transformation to a software-industrial company,” states John Waldron, president and CEO of Honeywell Safety and Productivity Solutions.
Terms of the deal were not disclosed, and there is no change to the company’s 2019 financial guidance as a result of the acquisition.
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