Bosch Building Technologies, a building solutions provider, agreed to acquire Hoerburger, a building automation specialist. Financial terms are not disclosed. “We are very much looking forward to working with Hoerburger’s highly experienced employees to jointly shape and expand the fast-growing market for smart building solutions in the future. Digitalization, connectivity, and artificial intelligence are opening up ever more opportunities for us to transform commercial buildings into smart living and working environments that provide people with increased security, safety, and comfort, and ensure greater sustainability. Hoerburger’s many years of experience will further strengthen our current portfolio in the areas of building security, safety, energy services, and building automation,” Thomas Quante, Bosch Building Technologies President.