Global technology company Honeywell and Riyadh-based Advanced Electronics Company (AEC) have signed a Memorandum of Agreement for collaborating on business development activities for smart and connected buildings, smart cities and critical infrastructure protection in Saudi Arabia, a statement said on Wednesday.
Under this Agreement, signed during Saudi Arabian Smart Grid Conference, being held at The Ritz Carlton, Jeddah, AEC and Honeywell will be working to develop long-term, strategic co-operation plans to jointly develop new business opportunities that will enable smart buildings and cities in the Kingdom, the statement added.
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