Merger Rationale: Technology Convergence and Channel Strength

Executives discuss the strategic rationale for the merger, emphasizing the convergence of technology in buildings, the combination of direct channels to customers, and the creation of new business models through IoT and data analytics.

“When you look at the combination of these two businesses you take the number one player in fire and security, the number one player in building controls and the number one player in commercial HVAC and as the new ecosystem gets developed with a lot of the convergence that’s taken place it’s a very powerful combination.”

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