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Market commentary Feb 2016 Verified

Strategic Rationale for Building Technology Convergence

The merger presentation highlights a market trend toward convergence of building controls, HVAC, fire, security, and power solutions, driven by the Internet of Things (IoT) and demand for smart buildings, homes, and cities. The combined entity aims to capitalize on integrated, data-rich building ecosystems.

“Highly strategic combination creates the leading full-scale building products and services business, integrating best-in-class product, installation and service capabilities across controls, fire, security, HVAC, and power solutions”

Entities

Johnson Controls, Inc. · Mentioned Tyco International plc · Mentioned
HVAC Sentiment: Positive

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.