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The acquisition will expand Johnson Controls’ leadership and capabilities in the high growth data centre cooling segment.
Johnson Controls, a a global leader for smart, healthy and sustainable buildings, has signed an agreement to acquire Alloy Enterprises, a US firm based in Boston, which specialises in a next-generation thermal management platform for high-performance data centres and other mission-critical industrial applications.
Founded in 2020, Alloy Enterprises is a thermal, mechanical and materials sciences technology innovator focused on a proprietary platform with advanced direct liquid cooling components that can improve thermal management efficiency and materially lower overall cooling system energy use.
Lei Schlitz, Vice President and President, Global Products & Solutions, Johnson Controls said: “This acquisition is about enabling our customers to stay ahead of fast-changing compute demands by adding another core technology that enables us to optimise the overall thermal management architecture of a data centre. It will also strengthen our core technology capabilities that can scale across the Johnson Controls portfolio and reinforces our long-term commitment to lead more broadly in advanced thermal management solutions for mission critical applications. With the addition of Alloy Enterprises, we are poised to set new standards in cooling efficiency and capacity and help customers accelerate time to market with the right integrated technologies. We look forward to welcoming the talented Alloy colleagues to the Johnson Controls team.”
Alison Forsyth, Co-founder and CEO of Alloy Enterprises commented. “We’re excited to join Johnson Controls and accelerate the impact of our unique technology. We’ll continue to work closely to solve the industry’s most urgent challenges in data centres and other mission-critical environments. We look forward to this new chapter and continuing to scale with one of the world’s most respected and experienced leaders in thermal management innovation.”
The transaction is expected to be completed in fiscal Q3, subject to closing conditions and receipt of regulatory approvals. Financial terms were not disclosed.
