This Research Note examines what’s behind Bosch Building Technologies’ acquisition of DMS AG, a German systems integrator for building and factory automation. We profile the acquired company and highlight the strategic rationale of the transaction, the growth strategy of Bosch Building Technologies division, and its divestment plans. DMS AG Profile Founded in 1981, DMS Digitale Mess- und Steuersysteme AG, headquartered in Ettlingen, Germany offers manufacturer-neutral systems integration solutions and services in the areas of building, industrial, process, and room automation as well as building energy management. The company offers a range of services, including control cabinet and switchgear construction, electrical installation, and cabling work, right up to complete engineering from a single source. While most of their projects take place in Europe, their Chinese subsidiary, DMS Automation Technology (Suzhou) Co. Ltd., undertakes projects in China, Thailand and Vietnam. Their latest company accounts for year ending 30 September 2022 report 57 employees and a revenue increase […]