BuildingIQ acquires core energy-optimization technology from CSIRO

BuildingIQ announced acquisition of the OptiCool and ComfortSENSE subsystems and connecting interface from CSIRO for ~A$500,000, obtaining full IP rights to technology it previously licensed.

“The company also announced the acquisition of core technology — specifically, the OptiCool and ComfortSENSE subsystems and the interface in between — from the Commonwealth Scientific and Industrial Research Organisation for approximately 500,000 Australian dollars ($375,660).”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.