Honeywell Keeps Acting Like a Tech Company. It’s the Dow’s Top Stock Wednesday.

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Initial Vertiv-Honeywell products will focus on microgrid solutions for data centers.


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Microsoft

(MSFT).

Amazon.com

(AMZN).

Apple

(AAPL).

Honeywell International

(HON)?

Most investors don’t think of Honeywell as a tech company, but it sure is acting like one. The industrial conglomerate and data center equipment supplier

Vertiv Holdings

(VRT) are teaming up to provide new solutions for data centers. It is another example of Honeywell behaving more like a tech firm, collaborating with companies in other industries to develop new products.

Earlier in 2020, Honeywell (ticker: HON) announced a software tie-up with

SAP

(SAP.Germany), in which Honeywell married its Forge software application with the SAP Cloud for Real Estate platform. The pairing allows building operators to aggregate financial data from SAP with operational data from Forge into easy-to-use interfaces.

In the Vertiv instance, announced Wednesday morning. Honeywell is marrying its building-management systems with Vertiv’s (VRT) data center power-management systems. Honeywell stock is up 1.6% on Wednesday, while the Dow Jones Industrial Average is little changed.

Power-management systems are critical operating components of data centers. “You don’t just plug a data center server into the wall,” explains Vimal Kapur, Honeywell Building Technologies CEO. “Data centers need clean power.” Data centers need uninterrupted power with tight voltage and current specifications. Vertiv’s products enable that, and the company competes with the likes of

Schneider Electric

(SU.France) and

Eaton

(ETN).

(The news release says that data centers in 2018 consumed approximately 1% of the world’s energy use.)

A building-management system, for Honeywell’s part, is a feature of any commercial building and controls things such as heating, ventilation and air conditioning. Honeywell controls other portions of data centers, too, such as fire and safety systems.

Honeywell’s building-technology division generated about $1.2 billion in second-quarter sales, accounting for roughly 16% of the total. Vertiv

Company Reaffirms Ryzen 5000 Support On 400-Series Chipsets

Motherboard manufacturer Asus has confirmed it’s 400-series chipset motherboards will still support AMD’s new Ryzen 5000-series Zen 3 CPUs.

The company was forced to issue a statement today following a supposed slip up by one of its customer service representatives. In a post on Reddit, one user claims to have been told by Asus that the company would not be releasing new BIOS versions for its older 400-series chipset motherboards to allow them to work with Zen 3 CPUs such as the Ryzen 9 5950X. As a result, owners of said boards would not be able to upgrade their CPUs.

Instead, the representative suggested purchasing a newer motherboard to replace the user’s premium X470 model. AMD has been quite clear that X470 motherboards would support Ryzen 5000 CPUs and recently confirmed that motherboard manufacturers were working on BIOS versions accordingly, with 400-series boards receiving these via downloads in early 2021.

Asus exact statement I received today goes as follows:

“…ASUS will follow AMD’s support plan to release a new BIOS on X470, B450 and B450 II motherboards and all those available in the market at present will also be compatible with that BIOS upgrade. Beta BIOS support, following AMD guidelines and timelines means this will be ready to roll out around Jan 2021.

[we will confirm] closer to the time if certain units need to be upgraded with a previous CPU but all new ASUS B450 II motherboards will come with USB Bios Flashback so you’ll be able to get a new CPU and upgrade the BIOS straight away without posting with a previous generation CPU.”

With AMD’s Ryzen 5000 CPUs offering huge performance boosts according the company, this will likely come as welcome news to anyone that saw the Reddit post and

Acumen Legal Marketing Offers a Free Guide to Legal Company SEO – Press Release

Acumen Legal Marketing Offers a Free Guide to Legal Company SEO

Acumen Legal Marketing is a leading legal company marketing firm based in Melbourne. The company has offered a free guide to legal company SEO. Currently, this company offers an unmatched guide to local SEO, reputation management, web design, video marketing, PPC, and direct mail.

Acumen Legal Marketing a trusted and recognized legal firm marketing firm in Melbourne that boasts of superior quality services that have offered a free guide to law company SEO. The Melbourne legal marketing firm stated that the manual offers factual and tried techniques, plans, and solutions required to offer unparalleled outcomes and results. The guide is designed for attorneys who want to create a perfect online funnel for local search, media advertising, and conversion rate optimization. 

The company pointed out that the guide has vast and comprehensive details on legal firm marketing. This Melbourne digital marketing firm attested that the guide contains various topics like law firm web design, local SEO, structured data, content generation, local search, on-page SEO optimization, and analytics & optimization. 

Furthermore, this legal firm marketing firm pointed out that the free guide is accessible on their site. Customers who want to get the guide can download it from their site. 

About the Company 

Acumen Legal Marketing is a legal firm marketing company based in Melbourne. The company boasts in helping law companies with the best funnels required for local search, social media, automated lead follow-up, and conversion rate optimization. 

Media Contact
Company Name: Acumen Legal Marketing
Contact Person: Sean Dennin
Email: Send Email
Phone: (321) 361-4199
Address:100 Rialto Place Suite 745
City: Melbourne
State: FL
Country: United States
Website: acumenlegalmarketing.com

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MRI Software buys Texas company CheckpointID

Fast-growing MRI Software, a Solon-based provider of real estate software and services, has made another acquisition.

The company announced on Tuesday, Oct. 13, that it has bought CheckpointID LLC, a Carrollton, Texas-based provider of ID verification and fraud prevention technology solutions to the multifamily industry. Terms of the purchase were not disclosed.

CheckpointID has 27 employees, according to an email from an MRI Software spokeswoman. MRI Software’s employee count stands at about 2,000.

MRI Software said in a news release that CheckpointID’s technology “validates government-issued domestic and international IDs in real time to protect against rental fraud and increase safety in both guided and self-guided apartment tours.” It also allows leasing agents “to quickly perform checks in person or online, and provides an efficient and secure alternative to the traditional paper-based process,” the release stated.

Patrick Ghilani, CEO of MRI Software, said in a statement, “The impacts of COVID-19 have only accelerated the need for digitalization, and residential property managers are under increasing pressure to deliver a modern, online customer experience.”

MRI Software said in the release that CheckpointID “will continue to serve and support its clients without interruption and will continue to offer its ID verification and fraud prevention software solutions to users of all property management systems in the market.”

The CheckpointID deal is the seventh acquisition MRI Software has made in 2020. (Go here for MRI Software’s announcements of previous deals this year.)

MRI Software in January received what it described as “substantial” strategic investments to help fuel continued global growth.

The company did not disclose the size of the investments.

MRI Software said one investment came from funds managed by Harvest Partners LP, a private equity firm based in New York, which joined existing investors GI Partners of San Francisco and TA Associates of Boston as

Supply chain software company E2open nearing SPAC IPO – Reuters (Pending:PCPL.U)

Reuters sources say E2open is nearing a deal to go public through a merger with CC Neuberger Principal Holdings I  (PCPL.U) at a more than $2.5B valuation, including debt.

The deal between the SPAC and Insight Partners-owned E2open could be announced as soon as tomorrow.

CC Neuberger I went public in April, raising $414M to buy a company in the finance, tech, or business services sectors.

E2open provides supply chain management software for a range of industries, including high-tech, consumer packaged goods, and pharmaceuticals.

Check out the latest IPO news.

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