ECC Acquires Callidus Technologies

ECC completed the acquisition of Callidus Technologies which would become part of the North American Combustion Controls LOB. Callidus has its Head Office in Tulsa, Oklahoma and has 2 facilities in our region—a factory in Nanhui, Shanghai (with around 50 employees) and an Office in Thane, Mumbai (with 15 employees). Callidus is a terrific business that designs and manufactures Commissions Burners, Flares and Thermal Oxidizers for the Oil & Gas and Petrochemical Industries. Their products are used to burn off harmful particles produced during processing so that they do not pollute the environment. Their technology and experience are the best in the industry. Along with Maxon, Callidus gives Honeywell a very strong position in the Industrial Combustion marketplace. We also see some great potential by working with Honeywell HPS & UOP Divisions because some of the Customers are the same. By working together, we will be able to provide more services and value to our customers than our competitors. We can show them how they can save money by using fuel more efficiently and making emissions more Environmentally Friendly. Remi Volpe will lead the Asia Pacific Integration of Callidus and will focus on Honeywell & Callidus’ fast growth by working closer.