In a landmark transaction poised to reshape the global HVAC market, Bosch, the technology and services giant, has announced the acquisition of the HVAC solutions business from Johnson Controls and Hitachi. This strategic acquisition will significantly expand Bosch’s presence in the residential and light commercial HVAC sectors and marks the largest deal in the company’s […]
Johnson Controls, a prominent figure in creating smart, healthy, and sustainable buildings, has purchased FM:Systems, a Raleigh-based company specializing in digital workplace management and Internet of Things (IoT) solutions for facilities and real estate. The transaction, set at a base price of $455 million, could also involve additional payments subject to the attainment of post-closing […]
