BrainBox AI, a trailblazer in autonomous AI technologies for commercial buildings, has announced the acquisition of Turntide Technologies’ Automation division. This strategic move enhances BrainBox AI’s portfolio of cloud-based, AI-driven optimization solutions for the built environment and positions the company to deliver augmented value to global real estate and commercial property portfolios. The transaction marks a formative collaboration, amplifying both companies’ fight against climate change. The Automation division boasts significant connectivity, managing over 1,900 buildings in North America and Europe, primarily within Fortune 500 banking and retail sectors. This integration aligns with BrainBox AI’s mission to decarbonize the commercial real estate market and foster sustainable innovation. The acquisition is poised to drive further market expansion and provide comprehensive building management solutions.
Technology – AI and Machine Learning, Real Estate – Commercial Real Estate, Energy and Sustainability,Canada, United States, Europe
https://www.globenewswire.com/news-release/2024/05/29/2889960/0/fr/BrainBox-AI-acquiert-la-division-Automatisation-de-Turntide-Technologies.html