FM:Systems News

Johnson Controls to expand OpenBlue digital buildings capabilities through acquisition of FM:Systems

Johnson Controls, the global pioneer for smart, healthy, and sustainable buildings, has acquired FM: Systems, a digital workplace management and Internet of Things (IoT) solutions provider for facilities and real estate professionals. The base purchase price for the transaction is $455 million, plus additional payments to be made subject to the achievement of post-closing earnout milestones. Workplace management platform “FM: Systems’ powerful, predictive workplace managemen...