Smart Buildings

Johnson Controls Augments Building Control Product Portfolio with Acquisition of EasyIO

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. In a relatively rare move to augment its building automation business, Johnson Controls, one of the top 3 vendors of building automation systems, announced the acquisition of EasyIO, a manufacturer of open BMS control products on 21st November 2019. In recent years, Johnson Controls has been divesting businesses, most recently its Power Solutions (battery manufacturing and energy storage) business in November 2018, which has refocused the company’s $24 billion Buildings business as a building technologies pure player. Johnson Controls has also been filling gaps with acquisitions in its security and HVAC businesses. The addition of the Smartvue cloud-based video platform in April 2018 enhanced their security systems offering. While in the HVAC sector, the purchase of Triatek, augmented JCI’s range of HVAC airflow control systems that help healthcare and other critical research facilities reduce the spread of airborne contaminants and chemicals. With this […]

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