Market commentary Feb 2016 Verified
Strategic Rationale for Merger: Comprehensive Building and Energy Platforms
The merger is positioned to create a uniquely comprehensive portfolio of building and energy platforms, integrating product, technology, and service capabilities across controls, fire, security, HVAC, power solutions, and energy storage to capture 'smart' market opportunities.
“With this merger, we’ll be uniquely positioned to provide the most comprehensive portfolio of building and energy platforms to our customers – integrating best-in-class product, technology and service capabilities across controls, fire, security, HVAC, power solutions and energy storage.”
Entities
Tyco · Mentioned Johnson Controls, Inc. · 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.