Honeywell (NYSE: HON) has signed an agreement to acquire a majority stake in Fiplex Communications, a developer of building communications systems.
Based in Miami, the Fiplex portfolio includes bi-directional amplifiers (BDAs) that provide continuous and critical in-building radio coverage in challenging environments to improve the safety of first responders and building occupants.
The acquisition will expand the in-building connectivity and communications solutions that Honeywell provides to its customers. Fiplex’s solutions will become a platform of innovation for Honeywell wireless technologies.
The building communications industry is a fast-growing segment, largely driven by the adoption of enhanced fire codes, according to an announcement. Its growth is expected to accelerate with the adoption of advanced technologies that will continue to change how building data is exchanged with various stakeholders.
According to a 2017 International Association of Fire Chiefs (IAFC) survey by the Safer Buildings Coalition, 56% of fire departments have experienced a communications failure in a building during an emergency event, leaving firefighters and other first responders virtually stranded in these situations after losing communications.
In-building communications systems, like those from Fiplex, enable first responders to stay connected throughout a building that may have a poor cellular signal due to Low-E glass windows, energy-saving cladding or wall composition, and even in underground areas such as car parks. In-building communications can also support occupant safety with timely, clear and accurate notifications of emergencies and recommended responses.
“Honeywell has long demonstrated leadership in the fire and life safety industry, and we are pleased to join their team,” says Matias de Goycoechea, chairman and chief technology officer, Fiplex. “We look forward to working with Honeywell to expand our technological advancements and to support the creation of better-connected buildings.”
Fiplex’s FLEX products are UL2524 2nd edition listed with SGS, the only Nationally Recognized Testing Laboratory (NRTL) approved by OSHA for UL2524.
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