$506 million in cash is the amount that Honeywell has recently offered to buy EMS Technologies for. EMS Technologies is the parent company of LXE. According to a NY Times article, “Honeywell is paying $33 a share, a premium of 33 percent above EMS’s closing stock price on Friday and 59 percent above the price on April 18, the day before EMS said it would explore a potential sale” (DealBook - NYTimes.com, 2011). In order for the purchase to go through, Honeywell must begin a tender offer within 10 business days to purchase all of the shares of EMS. With the cash being attained, Honeywell values the deal at $491 million. “EMS is a terrific addition to Honeywell, adding leading positions in attractive markets that are closely aligned with favorable trends in the growing command, control, communications, computers, intelligence, surveillance and reconnaissance space and commercial aerospace, as well as being highly complementary to our existing scanning and mobility business,” Dave Cote, Honeywell’s chief executive, said (DealBook - NYTimes.com, 2011). Strategic Mobility Group offers all of the LXE products to meet your mobile computing needs. "Honeywell To Buy EMS Technologies." Mergers, Acquisitions, Venture Capital, Hedge Funds - DealBook - NYTimes.com. 13 June 2011. Web. 14 June 2011.