FTSS is based in Plymouth,Michigan and is a subsidiary of First Technology plc. Acquisition of theU.K.-based parent company by Honeywell was completed just last week, for $508 million. Unfortunately for the dummies,Honeywell bought First Technology for its gas sensing business, not its automotive operations.
FTSS's crashbusiness is pretty interesting, actually. Their website is worth aquick look if you're the technologically curious type.
[Sources: First Technology, Reuters]Read | | |
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