Honeywell Buys FutureSmart Systems

SYOSSET, N.Y.

Honeywell has built up its presence in the residential security market by acquiring FutureSmart Systems Inc. of Draper, Utah. Terms of the agreement were not disclosed.

FutureSmart, which had been a subsidiary of LifeStyle Innovations Inc., provides digital communications and networking systems for homes, condominiums and apartments. Its system consists of a multi-function panel that controls and distributes low-voltage services throughout the home, including security, data, cable and satellite television, telephony, video, audio, lighting control and HVAC control.

“Networking and structured wiring are rapidly becoming essential features in new homes and are increasingly common add-ons in older homes,” said Ron Rothman, business leader of Honeywell Security Products, in a statement.  “Our integrated home strategy is a natural extension of Honeywell’s leadership in residential security and home comfort, and it will create exciting new opportunities for our dealers.”

Jacqueline E. Soechtig, CEO and president of FutureSmart, says becoming part of Honeywell will be a benefit for her company’s customers. “With Honeywell’s resources and technology behind FutureSmart, our existing customers, and a great many new customers will be able to realize the full potential of home networking,” she says.

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add sales to your bottom line.

A free subscription to the #1 resource for the residential and commercial security industry will prove to be invaluable. Subscribe today!

Subscribe Today!

Get Our Newsletters