Honeywell’s announcement of plans to buy Intermec at $10 per share last December has faced its share of scrutiny, with the Federal Trade Commission leading the pack. The FTC’s main concern seems to be on the deal’s potential for limiting competition in the auto identification and data capture (AIDC) industry. Honeywell and Intermec are the second and third, respectively, competitors behind strong market leader, Motorola. Combined, Honeywell and Intermec would still fall far behind Motorola in total market holdings, making Datalogic, the next closest competitor behind Honeywell-Intermec, “a poor candidate to be considered a true No. 3 player in the market.” For a complete rundown of the situation, including several theories regarding the FTC’s uneasiness with the proposed deal, check out this article at The Deal Pipeline.

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