Daikin completed the acquisition of Venstar.

Daikin Comfort Technologies North America, a heating and cooling systems manufacturer, completed the acquisition of Venstar, a thermostat and energy management system manufacturer. “Venstar’s advanced smart thermostats, controls technology and outstanding energy management systems will help support Daikin’s leadership role in connected solutions, ensuring safe, environmentally friendly, peak performance operations of HVAC systems through cloud-connected monitoring and control. We are committed to facilitating North America wide adoption of energy-efficient inverter, heat pump and R-32-based systems. These Daikin systems provide superior environmental benefits, energy savings and indoor comfort performance over traditional HVAC systems that currently cool and heat most North American homes and businesses,” Takayuki Inoue, Daikin Executive Vice President and Chief Sales and Marketing Officer.