Johnson Controls to acquire Alloy Enterprises.

Johnson Controls, a provider of smart building systems, fire protection, HVAC, and integrated building solutions, agreed to acquire Alloy Enterprises, a company specializing in thermal management components for data centers and other mission critical industrial applications. Financial terms were not disclosed. "This acquisition is about enabling our customers to stay ahead of fast-changing compute demands by adding another core technology that enables us to optimize the overall thermal management architecture of a data center. It will also strengthen our core technology capabilities that can scale across the Johnson Controls portfolio and reinforces our long-term commitment to lead more broadly in advanced thermal management solutions for mission critical applications. With the addition of Alloy Enterprises, we are poised to set new standards in cooling efficiency and capacity and help customers accelerate time to market with the right integrated technologies," Lei Schlitz, Vice President and President of Global Products and Solutions.