Smart Buildings Magazine News
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Discover the latest in smart technology at Smart Buildings Show 2023
According to Fortune Business Insights, the global smart building market is projected to grow from $80.62 billion in 2022 to $328.62 billion by 2029, at a CAGR of 22.2% in forecast period,
26 July 2023 -
Johnson Controls acquires FM:Systems
Johnson Controls has acquired FM:Systems. 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.
20 July 2023 -
Schneider Electric partners with Platinum Electrical Engineering
Schneider Electric has partnered with Platinum Electrical Engineering to implement the EcoStruxure Automation Expert solution for Brilliant Planet, a pioneer in low-cost, algae-based carbon capture.
19 July 2023 -
New report says lighting control market to grow to $10.bn
A new report from Guidehouse Insights explores the global market for lighting controls in commercial and industrial (C&I) buildings.
18 July 2023 -
BrainBox AI acquisition
BrainBox AI has closed the acquisition of the retail energy management system integrator business of its global partner ABB.
18 July 2023 -
Building Analyzer launched
Commercial building facility and energy managers now have the option of a powerful new tool to analyse building usage and emissions with the launch of the ABB Ability Building Analyzer.
13 July 2023