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Add-on acquisition Closed Aug 2016

BuildingIQ acquires comfort sensing technology from CSIRO

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Relationship map for BuildingIQ acquires comfort sensing technology from CSIROparent ofBuildingIQ: PlatformBUBuildingIQCommonwealth Scientific and Industrial Research Organisation (CSIRO): Operating CompanyCommonwealth Scientif…
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Acquirer
BuildingIQ
Platform
Target
Commonwealth Scientific and Industrial Research Organisation (CSIRO)
Operating Company

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Summary

Building energy software firm BuildingIQ acquired comfort sensing technology (OptiCool and ComfortSENSE subsystems) and associated IP from CSIRO for approximately AUD$500,000 to enhance its energy intelligence platform.