FM:Systems
Johnson Controls Considers Move to Divest Non-Commercial HVAC Businesses
January 31st, 202410 Notable Workplace Technology Acquisitions in 2023
January 22nd, 2024Johnson Controls Buildings Business & 2023 Financials Examined
In this Research Note, we examine the Johnson Controls business, based on their 12th December Q4 earnings release, conference call, investor presentation and 10K, reporting financials year ending 30th September 2023. Johnson Controls International plc (JCI), headquartered in Cork, Ireland, is a pure-play smart buildings player, serving a wide range of customers in more than […]
Eptura Workplace Technology and Software Business Examined
The unification of Archibus, SpaceIQ, Serraview, and iOffice to form Eptura in October 2022 was one of the major mergers in the global integrated workplace management (IWMS) sector. This Research Note examines the business, one year on. Headquartered in Atlanta, Georgia and with large regional offices in London, UK and Melbourne, Australia, Eptura was created […]
Trane Augments Integrated Workplace Management Portfolio with Acquisition of Nuvolo
This Research Note examines what’s behind the bolt-on acquisition of Nuvolo, the workplace management software company announced this week by Trane Technologies, the US HVAC equipment firm. Trane is considered to be a competitive second-tier supplier in the world building controls market, behind Siemens, Honeywell, Johnson Controls and Schneider Electric. In a move which emulates […]
Building Automation Majors “Return to Workplace” with Strategic M&A & Investments
Underlining the growing importance of the workplace within building automation, smart buildings giant Johnson Controls acquired workplace management technology firm FM:Systems last week for an initial price of $455 million. This adds to a growing trend by major players in the building automation market who are seeking to increase the level of integration between integrated […]
Johnson Controls Augments its Digital Workplace Portfolio with the Acquisition of FM:Systems
In this Research Note, we examine what’s behind Johnson Controls’ acquisition of FM:Systems, a Raleigh, North Carolina-based digital workplace management and Internet of Things (IoT) solutions provider for facilities and real estate professionals. Since 2015, when Johnson Controls divested its Global Workplace Solutions business to CBRE, the HVAC and building controls giant has been missing […]
Occupancy Analytics Market Consolidation Continues into 2023
Our new report on Occupancy Analytics and In-Building Location-Based Services confirms that M&A activity in this space has seen an unprecedented rise since 2017 with a total of 151 acquisitions over the last 6 years. Buoyant M&A activity in Occupancy Analytics highlights the evolving market for digital solutions which support the need for space utilization […]
Incorporating BIM Data into IWMS & BIoT Platforms for Building Operations & Maintenance
This Research Note highlights the trends in Building Information Modelling (BIM) in the building operations and maintenance sector and reviews the activities of the major players across the Integrated Workplace Management Systems (IWMS), Building Management Systems (BMS) and Building Internet-of-Things (BIoT) sub-sectors. Building Information Modelling (BIM) has established itself as a key software in the […]
Global Digital Workplace Market Consolidation Trend Intensifies
Mergers and acquisitions (M&A) continue to be a key growth strategy for established players providing solutions in the commercial office market, allowing them to augment their portfolio offerings to match the dynamic landscape. Our market analysis finds that M&A activity in the sector has seen an unprecedented rise since 2018, long before COVID disrupted workplaces and the […]