Johnson Controls' acquisition of FM:Systems for $455 million includes undisclosed additional payments based on post-closing earnout milestones.

Bosch Building Technologies plans to acquire Hoerburger AG, headquartered in Waltenhofen, Bavaria, Germany. Bosch and the owners of Hoerburger AG signed corresponding agreements at the end of 2021. 

The intelligent building automation technologies market is anticipated to reach more than $118.7 billion by 2026, according to a new research published by Polaris Market Research. 

Why has the security industry seemingly abdicated the “smart building” and IoT movement to other contractors? Long-time security industry professional Chris Hugman explains why the security industry should be leading the way in smart building deployments and building automation.

The owners of Waterworks, a new private social club in Sarasota, Fla., have taken great care to create a trendy, comfortable, and safe environment where local leaders and business owners can network, relax, and host private events. In order to deliver all of these benefits while consolidating and simplifying management of the building’s security, lights, TVs, audio, climate, and access control, the owners hired leading South Florida electronics integration firm, SmartHouse Integration, to install the easy-to-use ELAN Control System and 2GIG security system to provide remote control of every sub-system.

 

Operational costs savings and energy efficiency are major drivers of BAS installations and retrofits. Industry surveys have determined that building owners and managers are realizing the many financial benefits of intelligent technologies, such as lower energy costs, lower maintenance costs and lower repair and replacement costs.

The U.S. market for building automation equipment is set to grow by more than 40 percent within a five-year period ending in 2017, spurred by the need in commercial buildings for more efficient energy consumption, according to a report from IHS Inc. released in late 2013, and is a “must watch” growth opportunity for integrators.