Honeywell has acquired the Li-ion Tamer business from Nexceris, expanding its fire detection technology portfolio within its Building Automation segment. The acquisition is intended to strengthen Honeywell’s offerings in battery safety solutions, an area of growing importance as demand for lithium-ion batteries increases across industries such as renewable energy and cloud computing.
Li-ion Tamer provides early warning off-gas detection for lithium-ion batteries, which can help prevent thermal runaway events that may lead to fires. Its technology offers up to 30 minutes of advance warning before a potential battery fire starts and is used by leading battery original equipment manufacturers globally.
“As lithium-ion battery use grows rapidly across data centers, EV infrastructure, and grid-scale energy storage, the risk of fire is increasing in parallel,” said Billal Hammoud, President and CEO of Honeywell’s Building Automation segment. “Li-ion Tamer’s early warning technology has been revolutionary for our customers and partners over the last five years. Building on our legacy partnership, the acquisition of this product suite will position Honeywell as a leader in early gas detection and battery fire prevention. We expect this tuck-in acquisition to further bolster growth of our fire detection business.”
The integration of Li-ion Tamer into Honeywell’s Building Automation business will allow the company to offer a broader range of fire detection products alongside existing technologies such as VESDA smoke detectors and Connected Life Safety Services on the Honeywell Forge IoT Platform.
This move follows several strategic actions by Honeywell since December 2023 aimed at driving organic growth and simplifying its portfolio. These include multiple acquisitions totaling $13.5 billion—such as Access Solutions from Carrier Global, Civitanavi Systems, CAES Systems, LNG business from Air Products, Sundyne, and Johnson Matthey’s Catalyst Technologies Business—as well as divestitures like the sale of its Personal Protective Equipment business.
Honeywell recently announced plans to spin off its Aerospace Technologies and Solstice Advanced Materials businesses into separate publicly traded companies with distinct strategies.
According to industry forecasts cited by McKinsey (https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/battery-2030-resilient-sustainable-and-circular), global demand for lithium-ion batteries is expected to grow more than 30% annually through 2030, surpassing $400 billion in market value.
Honeywell operates globally across several sectors including aerospace technologies, industrial automation, building automation, and energy sustainability solutions.
