Johnson Controls Acquires Qolsys, Inc. To Capitalize On Emerging Technologies And Customers Looking For World-Class Building Solutions

Johnson Controls (NYSE: JCI) announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. The Qolsys founders and leadership team will remain in Silicon Valley (San Jose, CA) assuming key roles in Johnson Controls global intrusion business.

Johnson Controls continues its mission to deliver smarter, safer, intelligent and more connected buildings by deploying emerging technologies such as embedded IP, artificial intelligence and machine learning through best-in-class solutions and partnerships. Johnson Controls is leading a fundamental transformation of how spaces and places are perceived and enjoyed by balancing and responding to the flow of information, services and people that occupy buildings. By applying data from both inside and outside buildings, Johnson Controls OpenBlue digital platforms empowers customers to manage operations while delivering safety and security in dynamic and agile environments.

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