Honeywell Announces Resideo as the Corporate Name of the Honeywell Homes Product Portfolio

Honeywell (NYSE: HON) announced Resideo will be the corporate name of the Honeywell Homes product portfolio and ADI global distribution businesses when they become a stand-alone, publicly traded company following completion of a spin that is expected by the end of 2018. Honeywell will license its brand to Resideo under a long-term agreement for use in its home comfort and security hardware, and software solutions for all channels.