Recently, Siemens Building Technologies is acquiring Enlighted Inc., headquartered in Silicon Valley, USA the company. The company is a leading provider of building intelligent Internet of Things (IoT) systems. Founded in 2009, the company has achieved great success in the field of intelligent buildings and brought advanced digital sensing systems to market.
Both parties agree not to disclose financial details. The acquisition is expected to end in the third quarter of 2018. Enlighted will be an independent legal entity and a wholly owned subsidiary of Siemens Industry.
Matthias Rebellius, Chief Executive Officer of Siemens Building Technologies, said: “Enlighted has leveraged the powerful capabilities of data through the development of a multisensor-based IoT platform and has a tremendous influence on the architectural intelligence revolution. Through the acquisition, we demonstrated our commitment to driving intelligence. Digital promise of the construction industry."
Enlighted has achieved technology leadership with its IoT platform developed for commercial real estate. The platform consists of multi-sensors, distributed computing, its own network, and software applications. The heart of the Enlighted platform is a smart sensor that securely transmits data to the cloud. In addition, the platform can also reduce energy consumption, improve space utilization, improve environmental management and improve asset utilization.
Joe Costello, chairman and chief executive officer of Enlighted, said, “With Siemens as a global partner, we will accelerate innovation and accelerate the promotion of our smart building technology market on an international scale”