Press release
Honeywell Makes Strategic Tuck-in Acquisition of Li-ion Tamer to Bolster Fire Detection Technologies, Further Strengthening Building Automation Portfolio
Acquisition enhances Honeywell's leading fire life safety portfolio in its Building Automation business, supports high growth energy storage and data center
About this update from Honeywell International Inc.
[{"type":"text","content":"Acquisition enhances Honeywell's leading fire life safety portfolio in its Building Automation business, supports high growth energy storage and data center sectorsLi-ion Tamer's differentiated technology provides early detection of thermal runaway to help prevent devastating lithium-ion battery fires With more than 30 global patents across its product lines, Li-ion Tamer is trusted by battery OEMs around the world CHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that it has acquired from Nexceris its Li-ion Tamer business, a leading off-gas detection solution for lithium-ion (li-ion) batteries that detects thermal runaway events. The acquisition enhances Honeywell's portfolio of best-in-class fire life safety technologies within its Building Automation segment and emerged from a partnership with Nexceris over the past 5 years to strategically address lithium-ion battery system safety. The transaction is expected to be immediately accretive to Honeywell's financials.\n\n \n \n \n \n \n \n\n \nWith demand for li-ion batteries expected to grow by over 30% annually through 2030 to greater than $400 billion,1 battery safety solutions are increasingly critical for sectors ranging from renewable energy to cloud computing. Safe monitoring and early detection enable essential steps to avoid or reduce the effects of thermal runaway – without these solutions, an entire system can be lost once a fire begins in an energy storage system.\nBy using early warning technology to detect battery off-gassing, which typically precedes thermal runaway, Li-ion Tamer provides facilities with vital time to intervene before a battery fire starts. With its detection technology that provides a warning up to 30 minutes in advance, Li-ion Tamer is trusted by leading battery OEMs worldwide.\n\"As lithium-ion battery use grows rapidly across data centers, EV infrastructure, and grid-scale energy storage, the risk of fire is increasing in parallel,\" said Billal Hammoud, President and CEO of Honeywell's Building Automation segment. \"Li-ion Tamer's early warning technology has been revolutionary for our customers and partners over the last five years. Building on our legacy partnership, the acquisition of this product suite will position Honeywell as a leader in early gas detection and battery fire prevention. We expect this...