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Deal closed Oct 2018 Verified

Johnson Controls acquires assets of Lux Products Corporation

Johnson Controls acquired the assets of LUX, a maker of residential thermostats and smart home products. Terms were not disclosed. LUX CEO Rob Munin became GM of thermostats for Johnson Controls.

“Johnson Controls has acquired the assets of Lux Products Corporation (LUX), a maker of residential thermostats and smart home products. Terms of the deal were not disclosed.”

Entities

Johnson Controls · Acquirer Lux Products Corporation · Target Rob Munin · Mentioned
HVAC

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.