Carrier Global Corporation (NYSE: CARR) today announced it has completed the acquisition of Nlyte Software ("Nlyte"). The acquisition follows Carrier's announcement on September 22, 2021 of the agreement to acquire. Carrier is the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.
Nlyte is a leader in data center infrastructure management (DCIM) software and will become part of Automated Logic Corporation (ALC), Carrier's building automation and controls business, within Carrier's HVAC segment. Nlyte's proven data center expertise will expand Carrier's HVAC business's access to the growing DCIM segment, complement its differentiated ALC business to create integrated customer solutions, and help fulfill its strategic focus on sustainable and intelligent solutions through increased recurring revenues.
The terms of the transaction were not disclosed.
As the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, Carrier Global Corporation is committed to making the world safer, sustainable and more comfortable for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do. For more information, visit www.Corporate.Carrier.com or follow us on social media at @Carrier.
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The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see Carrier's reports on Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Carrier assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
SOURCE Carrier Global Corporation