04:05 PM EST - Matrikon Inc. : says it has signed an agreement with Honeywell International Inc. valued at around $145 million to acquire Matrikon, a company specializing in software that helps industrial manufacturers operate their plants safely, reliably and efficiently. The acquisition will strengthen Honeywell's position in the high-growth oil and gas and power value chains and increase its global footprint in key regions. The transaction is subject to approval by Matrikon's shareowners. Matrikon Inc.
shares T.MTK are trading up $0.54 at $4.49.
