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Honeywell is a Fortune 100 company founded in 1927, its current form is the product of a late 20th Century acquisition by Allied-Signal, itself a 1985 merger of firms with roots reaching back to the late 19th Century.  

Honeywell usually has annual operating revenue of more or less $40 billion and a healthy profit margin.  A going concern for sure.

Automation and Control Systems (ACS) is one of three Honeywell Strategic Business Units and is an increasingly prominent player in supply chain visualization and management tools.  According to DC Velocity, Honeywell:

will acquire material handling automation provider Intelligrated Systems Inc. from its private equity owner for $1.5 billion, triggering a second wave of consolidation in the material-handling sector just two weeks after rival systems integrator Dematic Corp. was sold.

With the two largest U.S.-based material handling suppliers trading hands within a month, the changes show a rush by automation providers to stay ahead of fast-growing demand for e-commerce and home delivery. 

Germany's Kion Group AG acquired Atlanta-based systems integrator Dematic Corp. for $2.1 billion on June 21, in a effort to extend its core businesses of forklifts beyond basic warehouse technology into the broader world of logistics systems integration...

Intelligrated's warehouse execution system (WES) software and order fulfillment technologies will complement Honeywell's product lines in mobile computers, scanning and auto-identification, and voice automation technology, the Morris Plains, N.J.-based industrial and technology giant said in its statement.

In the 1920's and 30's Honeywell became a major company -- and a household brand -- by innovation and  development of thermostats.  For the first time environmental signals were effectively processed to automatically direct the output of heating systems.  The company is now putting together systems to gather and apply pull-signals to automatically manage the output of supply chains.