Honeywell enters strategic collaboration with LS Electric

Honeywell (HON) announced a global strategic collaboration with LS Electric to jointly develop and market hardware and software solutions. By combining LS Electric’s expertise in power systems with Honeywell’s building automation and controls, data center operators will be able to integrate critical power distribution with broader building management functions, such as ensuring load is aligned to capacity, to improve resiliency. The two companies will begin by selling joint products, offering data center operators integrated switchgear and power management to control and distribute the power. The partnership anticipates developing new electrical power monitoring systems based on Honeywell Forge, a platform with AI functions, and LS Electric’s expertise and software capabilities.