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Wait, Honeywell still exists?

It's not the same company, right?

If it's one of those "We're wearing the other company's corpse but like keep it on the down-low" situations, someone should revive the "Control Data Corporation" brand, and the rest of the BUNCH for that matter. People knew how to name a technology company back then!

Honeywell's enterprise value is $116 billion. After this month's market rout. Yes, it very much exists.

But you're partially correct in that it is, in many ways, what Allied Signal used to be, except it kept the Honeywell name

https://en.wikipedia.org/wiki/AlliedSignal

A more relevant point to make is that they have started trying to make a switch from a regular-way, 20th century "Industrial" company to a 21st century "Software-Industrial" player. This has been widely covered among the investor community as it's been at the forefront of the company's strategy for the past 12-18 months.

One quick link from Google: https://www.barrons.com/articles/honeywell-software-stock-ne...