MILWAUKEE, Wisconsin, Oct. 2 — Johnson Controls, a producers of automotive genitalia such as batteries and electronics and HVAC accessories for buildings, issued the afterward account release:
Johnson Controls (NYSE: JCI) today appear it has acquired the assets of Lux Articles Corporation (LUX), a baton in residential thermostats and acute home products. LUX markets several acknowledged residential and bartering curve alignment from timers to acute home thermostats including Kono and Geo.
“The accretion of LUX strengthens our portfolio in the chump retail approach and offerings in thermostats,” said Chris Eichmann, carnality president, accepted administrator of Johnson Controls. “We are aflame to assignment calm with LUX to accompany abundant articles to alike added customers, leveraging Johnson Controls’ assets to drive connected innovation.”
This advertisement comes anon afterwards the barrage of Johnson Controls’ new GLAS(R), the beauteous new acute thermostat that appearance a clear-cut OLED touchscreen display, amid added high-tech features. For Johnson Controls, the LUX accretion enhances its charge to thermostats, a accustomed progression from the aggregation that invented the aboriginal allowance thermostat added than 135 years ago. The move additionally enables faster artefact development cycles, improves chump account capabilities and supports greater artefact innovation.
“We attending advanced to aing armament with Johnson Controls, a aggregation that shares our affection for expertly-designed, avant-garde and reliable products,” said Rob Munin, CEO of LUX and anew called accepted manager, Thermostats for Johnson
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