Fiplex is an in-building communications leader and brings to Honeywell advanced solutions that improve safety for building occupants and first responders
Honeywell (NYSE: HON) has signed an agreement to acquire a majority stake in Fiplex Communications, Inc., a Miami-based company that develops in-building communications systems, including 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. 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.
“We are looking to reshape how communications and connectivity within buildings work. The addition of Fiplex’s products and software allows us to move toward creating the next generation of fire and life safety solutions to keep both building occupants and first responders safer,” said Vimal Kapur, president and chief executive officer, Honeywell Building Technologies. “The Fiplex team brings superior engineering talent and unique capabilities for wireless communications that will enable us to enhance our in-building communications offerings and complement our innovative, industry-leading solutions.”
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,” said 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
Fiplex’s FLEX products are UL2524 2nd edition listed with SGS, the only Nationally Recognized Testing Laboratory (NRTL) approved by OSHA for UL2524.
Terms of the investment were not disclosed, and there is no change to Honeywell’s financial outlook as a result of the acquisition. The acquisition is pending customary deal closing conditions.
About Fiplex
For over 35 years, Fiplex has been a leader in mission-critical solutions for indoor public-safety communications. The company’s innovative and high-quality portfolio of BDA (bi-directional amplifier) and Fiber DAS (distributed antenna system) solutions deliver proven code-compliant performance and mitigate the complexity of designing, installing and managing wireless networks. With products successfully deployed in buildings and venues – including some of the busiest transit systems – within nearly 30 countries, Fiplex meets the public safety industry’s mission to ensure critical communications whenever and wherever needed.
About Honeywell Building Technologies
Honeywell Building Technologies (HBT) is a global business with more than 18,000 employees. HBT creates products, software and technologies found in more than 10 million buildings worldwide. Commercial building owners and operators use our technologies to help create safe, energy efficient, sustainable and productive facilities.