Expands Honeywell’s Ingenious Power Portfolio and Builds on Present Features of Honeywell Forge Efficiency+ for Utilities

CHARLOTTE, N.C., Aug. 20, 2025 /PRNewswire/ — Honeywell (NASDAQ: HON) nowadays introduced the growth of its Ingenious Power portfolio with the tuck-in acquisition of 3 significance platforms from SparkMeter, Inc., a supplier of well-known grid control answers for utilities. The purchase comprises highbrow feature in addition to positive alike property from SparkMeter.

The mixing of those grid understanding applied sciences from SparkMeter considerably complements Honeywell Forge Efficiency+ for Utilities, enabling the supply of scalable, data-driven answers designed to modernize grid infrastructure and deal with the expanding call for for power.

The platforms Honeywell is obtaining come with:

• Praxis, a knowledge platform designed to bring insights and analytics that support utilities modernize, maximize, and monetize their property.
• GridScan, a tool utility that gives easy and quick visibility into the operational efficiency and fitness of distribution grids.
• GridFin, a monetary control utility that analyzes and manages power provide prices, optimizes buyer charges, and improves general monetary efficiency.

“As the demand for energy continues to grow, utilities are facing new challenges that can impact their ability to quickly and efficiently modernize their infrastructure to meet these needs,” mentioned Amol Motivala, president, Honeywell Ingenious Power. “By combining these SparkMeter technologies with Honeywell Forge Performance+ for Utilities, we will be able to provide our customers with advanced tools that automate, simplify and optimize their daily planning, operations and existing grid assets. The expansion of our smart energy portfolio will ensure our customers can navigate changing energy demands efficiently – allowing for more comprehensive data management, business intelligence and analytics functionality for utilities.”

The purchase follows Honeywell’s announcement of the deliberate spin-offs of its Aerospace Technologies and Solstice Advanced Materials companies, which is able to lead to 3 publicly indexed business leaders with distinct methods and enlargement drivers. Since June 2023, Honeywell has additionally introduced quite a few strategic movements to pressure natural enlargement and simplify its portfolio, together with $14 billion of accretive acquisitions: Compressor Controls Corporation, SCADAfence, the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products, Sundyne, Johnson Matthey’s Catalyst Technologies Business and Li-ion Tamer. Honeywell additionally finished the sale of its Personal Protective Equipment business to Protecting Commercial Merchandise in Might 2025.

About Honeywell:
Honeywell is an built-in running corporate serving a extensive space of industries and geographies around the globe. Our industry is aligned with 3 robust megatrends – automation, the moment of gliding and effort transition – underpinned through our Honeywell Accelerator running gadget and Honeywell Forge IoT platform. As a depended on spouse, we support organizations resolve the sector’s hardest, most complicated demanding situations, offering actionable answers and inventions thru our Aerospace Applied sciences, Commercial Automation, Development Automation and Power and Sustainability Answers industry branchs that support construct the sector smarter and more secure in addition to extra stock and sustainable. For extra information and data on Honeywell, please seek advice from www.honeywell.com/newsroom.

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SOURCE Honeywell Global