Johnson Controls to Acquire Silent-Aire for up to $870M

Johnson Controls announced the acquisition of Silent-Aire, a hyperscale data center cooling solutions provider, for a total purchase price of up to $870 million. The deal is expected to close in late fiscal Q3 and will expand Johnson Controls' portfolio in sustainable cooling technologies.

“Total purchase price up to $870M, including 3-year earnout based on annual growth and margin projections, with an upfront payment of ~$630M”

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.