View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 12, 1989


By CBR Staff Writer

Last month’s hot tip suitor for Xerox, Unisys Corp, has now entered the lists at Honeywell Inc – well if the Unisys brass was in Minneapolis looking Control Data Corp over, might as well drop in on Honeywell while they’re about it, but despite a $3.125 leap in the share price to $66.25 on gossip that Unisys was about to declare a notifiable holding, the combination wouldn’t seem to make very much sense: a substantial part of Honeywell’s defence business was sold to it by Unisys, and its other operations home and building controls, industrial controls – don’t make a very good fit with Unisys, since the latter two activities would not open up a big new market for Unisys computers (Xerox on the other hand has an enormous base of copier users who might be persuaded to buy computers from Unisys); Kidder Peabody analyst Michael Lauer reckons that against that $66 price in the market, the break-up value of Honeywell might be as much as $150 a share – $50 for building controls, $25 to $30 for industrial controls, $80 for aerospace and defence and $15 a share for Honeywell Yamatake.

Content from our partners
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.