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Announced

Daikin to acquire Dynamic Controls.

Synopsis

Daikin, an air conditioning manufacturing company, agreed to acquire Dynamic Controls, building systems integrator. Financial terms were not disclosed. "HVAC is one critical piece of a larger ecosystem that needs to be managed. Dynamic Controls offers the skills and experience to combine our industry-leading equipment and controls into a customized and integrated building systems solution. A fully connected and optimized enterprise gives owners and operators the tools and insights to create more efficient, safe, healthy and comfortable spaces," Mike Schwartz, Daikin Applied President and CEO.

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