Johnson Controls to acquire Alloy Enterprises

Reuters
Feb 19
Johnson Controls to acquire Alloy Enterprises

Johnson Controls has signed an agreement to acquire Alloy Enterprises, a Boston-based developer of advanced direct liquid cooling components for high-performance data centers and other mission-critical industrial applications. The company said Alloy’s proprietary platform can improve thermal management efficiency by up to 35% and reduce pressure drop by up to 75%, strengthening Johnson Controls’ data center cooling portfolio, with the deal expected to close in fiscal Q3; financial terms were not disclosed.

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