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(Thread Starter) | Honeywell International announced Wednesday that it will sell its First Technology Safety Systems unit, which provides integrated crash testing solutions (including an extended family of crash test dummies), to a European private investment group for $87.3 million. FTSS is based in Plymouth, Michigan and is a subsidiary of First Technology plc. Acquisition of the U.K.-based parent company by Honeywell was completed just last week, for $508 million. Unfortunately for the dummies, Honeywell bought First Technology for its gas sensing business, not its automotive operations. FTSS's crash business is pretty interesting, actually. Their website is worth a quick look if you're the technologically curious type. [Sources: First Technology, Reuters]Honeywell orphans crash test dummies originally appeared on Autoblog on Thu, 30 Mar 2006 13:02:00 EST. Please see our terms for use of feeds. Read | Permalink | Email this | Comments More... |
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