Johnson Controls signs agreement to acquire Alloy Enterprises

Johnson Controls (JCI) signed an agreement to acquire Boston-based Alloy Enterprises, a data center thermal management technology company, to expand its data center cooling capabilities. Financial terms were not disclosed and closing is expected in fiscal Q3 subject to regulatory approval.

“Johnson Controls (JCI) has signed an agreement to acquire Alloy Enterprises, a Boston-based company specializing in a next-generation thermal management platform for high-performance data centers and other mission critical industrial applications.”

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