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Market commentary Jan 2016 Verified

Internet of Things and Smart Buildings as Merger Driver

The merger is positioned to capitalize on the Internet of Things and connectivity trends in homes, buildings, and cities. The combined company aims to leverage sensors, data analytics, and controls (like JCI's Metasys platform) to create smart operations and new business models.

“the Combined Company will be uniquely positioned to leverage the Internet of things, in connectivity for smarter customer offerings in a more integrated and data-rich future.”

Entities

Tyco · Acquirer Johnson Controls, Inc. · Target
HVAC Sentiment: Positive

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.