Smart Buildings

J2’s Release of FIN 5 Marks A Year in the Siemens Building Tech Family

Over six days in May 2018, German conglomerate Siemens made its smart building intentions clear. On the 17th, Siemens announced its acquisition of Los Angeles based J2 Innovations, a software framework provider for building automation and IoT technologies. Six days later, on May 23rd, the European manufacturing giant announced the acquisition of California-based IoT-enabled smart building solution provider, Enlighted. Further underlining their ambitions, Siemens announced it would acquire a third California-based smart building startup, Comfy (Building Robotics), that provide personalized temperature and lighting control to office workers. In combination, these additions to the Siemens Building Tech family marked a significant moment in the increasingly competitive smart buildings sector. “These acquisitions are not just stand-alone investments to help us grow our business. It is really about expanding our smart building strategy,” explained Siemens Building Technologies President Dave Hopping. “We want to be the leading smart building company in the world and we need companies like Comfy […]

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