ABB has announced that it has agreed to acquire Cylon Controls, enhancing ABB Electrification’s business position in the commercial buildings segment.
The parties agreed not to disclose the purchase price.
Dublin-headquartered Cylon, which has approximately 100 employees, provides building automation and HVAC control solutions, delivering operational efficiency, energy and comfort solutions for commercial and retail buildings, schools and healthcare facilities.
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Speaking about the portfolio additions to the smart building business, ABB’s Head of Smart Buildings Oliver Iltisberger said, “The acquisition will further enhance our portfolio of solutions for the commercial buildings segment, with a particular focus on delivering new innovations in energy-optimisation and comfort.”
Cylon CEO Sean Giblin said, “We are very excited to become part of ABB, a company that shares our commitment and passion for increasing comfort, energy and operational efficiency within buildings.”
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