Johnson Controls will pay at least $455 million to acquire FM:Systems, a North Carolina-based provider of workplace management technology.
FM:Systems has 200 employees and 1,200 customers with more than 2.4 million users across 80 countries. The firm’s software includes space-scenario planning, asset management, facilities maintenance, floor scenario planning and workplace analytics.
“Improving the experience of everyone inside, from visitors to occupants to building managers, its powerful sensors and analytics can help portfolio managers optimize space, realize greater cost savings, and help manage and report on indoor air and other environmental data in facilities as diverse as commercial real estate, hospitals, universities, and government buildings,” a Johnson Controls press release said of FM:Systems’ products.
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