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Majority stake Announced May 2018

Siemens Building Technologies to acquire smart-building IoT provider Enlighted Inc.

Relationship map

Relationship map for Siemens Building Technologies to acquire smart-building IoT provider Enlighted Inc.parent ofSiemens: Operating CompanySiemensEnlighted Inc.: Operating CompanyEnlighted Inc.
Operating Company

Parties
Acquirer
Siemens
Operating Company
Target
Enlighted Inc.
Operating Company

Market signals

Summary

Siemens Building Technologies Division announced it is acquiring Enlighted Inc., a provider of smart IoT systems for buildings; financial details undisclosed, with Enlighted to operate as a wholly-owned subsidiary of Siemens Industry Inc. Closing expected Q3 2018.