Resideo Announces Completion of Transaction with Honeywell to Accelerate Payment of Potential Monetary Obligations
AUSTIN, Texas – August 13, 2025 – Resideo Technologies, Inc. (NYSE: REZI), a leading provider of smart home and security solutions, today announced the successful completion of a significant transaction with Honeywell International Inc. This strategic move is designed to accelerate the payment of all potential monetary obligations between the two companies, stemming from their prior indemnification and reimbursement agreement.
The agreement, finalized on August 13, 2025, represents a proactive step by Resideo to resolve any outstanding financial commitments related to its spin-off from Honeywell in 2019. This transaction aims to provide clarity and finality for both parties, fostering a more streamlined financial future for Resideo.
Under the terms of the completed transaction, Resideo will make a substantial payment to Honeywell, effectively settling all potential future monetary obligations arising from the indemnification and reimbursement agreement. This forward-looking settlement allows Resideo to proactively manage its financial liabilities and concentrate its resources on driving innovation and growth within the smart home and security sectors.
“We are pleased to have reached this agreement with Honeywell,” said [Insert Name and Title of Resideo Spokesperson, if available from the PR, otherwise omit]. “This transaction is a significant milestone for Resideo, allowing us to decisively address our legacy financial obligations. By accelerating these payments, we can further enhance our financial flexibility and continue to invest in our strategic priorities, including the development of cutting-edge smart home technologies and the expansion of our service offerings.”
The completion of this transaction is expected to bring greater certainty to Resideo’s financial position. The company remains committed to its mission of making homes more comfortable, secure, and energy-efficient, and this resolution with Honeywell will support its continued efforts in these areas.
Resideo’s focus moving forward will be on executing its growth strategy, enhancing customer experiences, and delivering value to its shareholders. The company anticipates that this settlement will remove a degree of financial uncertainty and allow for greater strategic agility as it navigates the evolving landscape of the smart home industry.
This news underscores Resideo’s commitment to responsible financial management and its dedication to building a strong, independent future.
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