Market commentary Apr 2016 Verified
Merger Creates Comprehensive Building and Energy Platforms
The merger combines complementary businesses in controls, fire, security, HVAC, power solutions, and energy storage to serve various end markets. It aims to capture market opportunities in smart buildings, campuses, and cities, leveraging Internet of Things technologies.
“This merger brings together best-in-class product, technology and service capabilities across controls, fire, security, HVAC, power solutions and energy storage, to serve various end markets including large institutions, commercial buildings, retail, industrial, small business and residential.”
Entities
HVACOther Sentiment: Positive
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