Carrier Corporation, a subsidiary of United Technologies Corporation, has reached a definitive agreement to acquire Automated Logic Corporation, a technology leader in building automation systems. Terms of the deal were not disclosed. The transaction is subject to regulatory approvals.
Carrier, a maker of commercial and residential heating, ventilation, and air-conditioning products, said it will significantly broaden its commercial controls offering with the acquisition of Automated Logic, which designs and manufactures building automation and control systems primarily for heating, ventilation, air conditioning, and energy management applications.
"Automated Logic's leading controls technology enhances Carrier's current electronics controls business," said Ken Fox, vice president and general manager of Carrier Electronics. "With the continued growth and acceptance of open standards, commercial customers are asking for connectivity within and among different building systems, enabling centralized monitoring, lower operating costs and vendor flexibility."
Automated Logic and its subsidiaries will continue operating under their current names, and its headquarters will remain in Kennesaw, GA, U.S. Carrier and Automated Logic brands will be positioned for growth through the combined and coordinated activities of the two companies' expanded network across North America and around the world.
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