Accutech, Honeywell complete wireless license agreement
Wireless process instrumentation system supplier Adaptive Instruments Corp., under Adaptive’s Accutech label, has extended its private label supply relationship with Honeywell Field Solutions by entering into a manufacturing license agreement with Honeywell.
By entering this agreement, the two companies expect to achieve support the Honeywell OneWireless initiative; increase the wireless instrument manufacturing capacity in support of the strong wireless market acceptance; and further the objective of establishing an effective standard for Industrial Wireless platforms.
The agreement includes provisions to share Adaptive’s design and manufacturing expertise with Honeywell for the current XYR 5000 platform as well as establishing development initiatives for new wireless instrumentation. Joint project teams were formed to address the transfer of the Adaptive Instruments manufacturing process information for the Honeywell XYR series wireless products, as well as initiate development of new wireless instruments that will be offered by Honeywell and Accutech/Adaptive Instruments.
Honeywell expects to start manufacturing XYR 5000 instruments in late 2007. Both companies will manage this start-up process to ensure that it will not affect each company’s customers. Both companies will also coordinate incorporating additional functionality to the existing wireless platform to maintain each company’s installed base compatibility.
Both companies expect that the results of this agreement will include improved supply chain response for Honeywell in supporting the XYR platform, as well as increased availability of new asset management and product solutions using industrial wireless platforms from both Honeywell and Accutech.