BBG: Honeywell weighs Quantinuum IPO at $10bn valuation
BLOOMBERG reports: Honeywell International is considering an initial public offering of its majority-owned quantum computing firm Quantinuum ...
© Jordan Tan
By Alex Lennane
Supply chain management software company JDA Software could be bought by the conglomerate Honeywell, which is keen, according to Reuters, to get into the burgeoning logistics industry – the one fuelled by e-commerce, anyway. JDA has been struggling, with $2bn in debt and fierce competition in the market. It’s not confirmed, but it appears talks are ongoing over a $3bn acquisition.
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