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Siemens Acquires 3 Smart Building Startups In 2 Months

Siemens Building Technologies Division has inked a deal to acquire Building Robotics Inc., an Oakland-based company whose app Comfy gives office workers greater control of their personal environment, especially temperature and lighting.

The deal is the third recent acquisition of smart building tech startups by the German tech conglomerate Siemens AG, Forbes reports. Last month, the company bought Enlightened Inc. and J2 Innovations, both of whose products are also focused on smart, Internet of Things-enabled building systems. Enlightened's platform is formed by smart sensors that stream data to the cloud. According to the Silicon Valley company, its platform facilitates reduced energy use and improves commercial space usage.

Read more at: https://www.bisnow.com/national/news/technology/siemens-acquires-3-smart-building-startups-in-2-months-90056?utm_source=CopyShare&utm_medium=Browser