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Honeywell’s $1.5 Billion Bet on an E-Commerce Boom Pays Off
Honeywell’s $1.5 billion acquisition of Intelligrated is one of the large, rare, tech-focused deals that’s a smashing success.
07 May 2019, 05:07 PM IST
(Bloomberg Businessweek) -- Amazon.com Inc. raised the bar for its retail rivals yet again with its April announcement that it would roll out free one-day shipping for top customers. Stepping up the pace from the previous two-day shipping window will be costly: Amazon will spend $800 million in the current quarter alone to modify its logistics network, forcing competitors to make sizable investments to keep up. One likely beneficiar...
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