Johnson Controls acquires FogHorn, expanding leadership in Smart and Autonomous Buildings
CORK, Ireland, Jan. 12, 2022 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, has completed the acquisition of FogHorn, the leading developer of Edge AI software for the industrial and commercial Internet of Things (IoT) solutions.
Johnson Controls acquires Foghorn's world-class Edge AI for its OpenBlue smart buildings platform.
"Value is increasingly being created by applying intelligence at the edge-device level to create real-time, secure, actionable insights," said Johnson Controls CTO Vijay Sankaran. "By pervasively integrating Foghorn's world class Edge AI throughout our OpenBlue solution portfolio, we are accelerating the pace towards our vision of smart, autonomous buildings that continuously learn, adapt and automatically respond to the needs of the environment and people."
As the number of sensors and amount of data in buildings continues to grow exponentially, the value of processing data and applying intelligence at the edge, without having to send data to the cloud, becomes increasingly pronounced.
Sastry Malladi, who served as Chief Technology Officer at Foghorn, will join Johnson Controls, reporting to Sankaran as Vice President, OpenBlue Artificial Intelligence.
"We are thrilled to bring the Foghorn team and edge AI capabilities to Johnson Controls and OpenBlue," said Sastry Malladi, Foghorn's Chief Technology Officer. "By combining our respective strengths, Johnson Controls can make an even bigger impact on continuing to address some of the world's most pressing challenges of decarbonization, sustainability and energy efficiency, indoor air quality and smart, secure buildings."
Financial terms of the transaction were not disclosed. FogHorn's technical team will be integrated into the OpenBlue Solutions organization. FogHorn's headquarters in Sunnyvale, California will function as an 'AI Hub' for Johnson Controls.
About Johnson Controls:
At Johnson Controls (NYSE:JCI) we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.
With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through its comprehensive digital offering OpenBlue. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.
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SOURCE Johnson Controls International plc
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