Johnson Controls Acquires SES to Lengthen Entry Management to Essential Infrastructure – HVACNews

• Acquisition will allow Johnson Controls to supply keyless entry management and knowledge analytics to effectively defend specialised high-value, important infrastructure
• Expertise contains Bluetooth-enabled locks and cellular purposes for the safety of belongings corresponding to mobile and communication towers and websites
• The supply of native and off-site entry by way of mobile provides to Johnson Controls sturdy entry management portfolio

Cork, Eire (April 19, 2022) — Johnson Controls (NYSE: JCI), the worldwide chief for good, wholesome and sustainable buildings, introduced as we speak that it acquired Safety Enhancement Techniques LLC (SES), a supplier of mobile-based, keyless entry management options utilized in important infrastructure, together with telecommunication towers for main suppliers.

“We’re dedicated to offering the most effective and most full entry management answer to our prospects,” stated Sanjeev Singh, vp, product administration, Johnson Controls Safety Merchandise enterprise. “This expertise permits us to personal the complete expertise of safe and streamlined entry to distant websites and important infrastructure by service suppliers. Our prospects will profit from a single, trusted supply for safety options for company and different areas.”

SES integration of cellular, cloud and on-premise expertise gives an entire answer for multi-site safety. SES has pioneered extremely optimized and versatile locking options for distant websites that embody numerous safety wants for perimeter management, tools, shelters and different invaluable belongings for telecommunication, utilities, transportation and knowledge facilities.

“This mixture validates our product realization efforts of the previous seven years and we’re excited that Johnson Controls will deliver our expertise into its product portfolio,” stated Philip Ufkes, SES president and founder. “This partnership will additional profit our present and future prospects by offering a wide selection of cost-effective safety and productiveness options.”

SES will add to Johnson Controls’ complete portfolio of safety and entry management expertise accessible as we speak together with safety and entry controls, video administration, safety as a service, IP cameras, door controllers and card readers.

Raymond James served because the unique monetary advisor to SES.

To be taught extra about Safety Enhancement Techniques, go to right here.

###

About Johnson Controls:
At Johnson Controls (NYSE:JCI), we remodel the environments the place individuals dwell, work, be taught and play. As the worldwide chief in good, wholesome and sustainable buildings, our mission is to reimagine the efficiency of buildings to serve individuals, locations and the planet.

With a historical past of greater than 135 years of innovation, Johnson Controls delivers the blueprint of the longer term for industries corresponding to healthcare, faculties, knowledge facilities, airports, stadiums, manufacturing and past by way of its complete digital providing, OpenBlue. With a worldwide workforce of 100,000 specialists in additional than 150 nations, Johnson Controls presents the world’s largest portfolio of constructing expertise, software program in addition to service options with among the most trusted names within the trade. For extra info, go to www.johnsoncontrols.com or observe us @johnsoncontrols on Twitter.

About Safety Enhancement Techniques (SES):
SES gives extremely progressive, end-to-end distant entry options that ship important area service effectivity enhancements whereas lowering danger and defending important infrastructure belongings. SES’s safety merchandise at the moment defend tens of hundreds of geographically dispersed websites whereas seamlessly integrating with prospects’ enterprise knowledge, alarm programs and inside processes. SES’s software program, electronics and high-security locks give licensed customers on-demand and time-limited entry to distant belongings, thereby sustaining unprecedented ranges of safety and serving to operations perceive the who, when, the place and why of each web site go to – all from their smartphones.

Johnson Controls Worldwide plc Cautionary Assertion Relating to Ahead-Wanting Statements
Johnson Controls Worldwide plc has made statements on this communication relating to the acquisition of Safety Enhancement Techniques LLC (SES) which can be forward-looking and subsequently are topic to dangers and uncertainties. All statements on this doc aside from statements of historic reality are, or may very well be, “forward-looking statements” inside the that means of the Personal Securities Litigation Reform Act of 1995. On this communication, statements relating to Johnson Controls’ future monetary place, gross sales, prices, earnings, money flows, different measures of outcomes of operations, synergies and integration alternatives, capital expenditures and debt ranges are forward-looking statements. Phrases corresponding to “might,” “will,” “anticipate,” “intend,” “estimate,” “anticipate,” “consider,” “ought to,” “forecast,” “mission” or “plan” and phrases of comparable that means are additionally typically supposed to determine forward-looking statements. Nonetheless, the absence of those phrases doesn’t imply {that a} assertion isn’t forward-looking. Johnson Controls cautions that these statements are topic to quite a few essential dangers, uncertainties, assumptions and different components, a few of that are past Johnson Controls’ management, that might trigger the anticipated affect of the acquisition of Safety Enhancement Techniques LLC to vary materially from these expressed or implied by such forward-looking statements, embody, amongst others, dangers associated to the power to comprehend the anticipated advantages of the acquisition, together with the likelihood that anticipated synergies won’t be realized or won’t be realized inside the anticipated time-frame; delays within the profitable integration of Safety Enhancement Techniques LLC; unfavorable response to the acquisition by prospects, opponents, suppliers and workers, disruption from the transaction making it harder to take care of enterprise and operational relationships; important transaction prices; and unknown liabilities.

Different components that might trigger Johnson Controls’ precise outcomes to vary materially from these expressed embody, amongst others dangers associated to: Johnson Controls’ capability to handle normal financial, enterprise, capital market and geopolitical situations, together with international worth inflation and shortages impacting the supply of uncooked supplies and element merchandise; Johnson Controls’ capability to handle the impacts of pure disasters, local weather change, pandemics and outbreaks of contagious ailments and different adversarial public well being developments, such because the COVID-19 pandemic; the power of the U.S. or different economies; adjustments or uncertainty in legal guidelines, rules, charges, insurance policies or interpretations that affect Johnson Controls’ enterprise operations or tax standing; the power to develop or purchase new merchandise and applied sciences that obtain market acceptance and meet relevant regulatory necessities; adjustments to legal guidelines or insurance policies governing overseas commerce, together with elevated tariffs or commerce restrictions; sustaining the capability, reliability and safety of Johnson Controls’ enterprise info expertise infrastructure; the power to handle the lifecycle cybersecurity danger within the growth, deployment and operation of Johnson Controls’ digital platforms and providers; the chance of infringement or expiration of mental property rights; any delay or lack of ability of Johnson Controls to comprehend the anticipated advantages and synergies of latest portfolio transactions; the result of litigation and governmental proceedings; the power to rent and retain senior administration and different key personnel; the tax therapy of latest portfolio transactions; important transaction prices and/or unknown liabilities related to such transactions; fluctuations in foreign money alternate charges; labor shortages, work stoppages, union negotiations, labor disputes and different issues related to the labor power; and the cancellation of or adjustments to industrial preparations. An in depth dialogue of dangers associated to Johnson Controls’ enterprise is included within the part entitled “Threat Components” in Johnson Controls’ Annual Report on Type 10-Ok for the 2021 fiscal 12 months filed with the SEC on November 15, 2021, which is obtainable at www.sec.gov and www.johnsoncontrols.com beneath the “Buyers” tab. The outline of sure of those dangers is supplemented in Merchandise 1A of Half II of Johnson Controls’ subsequently filed Quarterly Experiences on Type 10-Q. Shareholders, potential buyers and others ought to contemplate these components in evaluating the forward-looking statements and shouldn’t place undue reliance on such statements. The forward-looking statements included on this communication are made solely as of the date of this doc, except in any other case specified, and, besides as required by legislation, Johnson Controls assumes no obligation, and disclaims any obligation, to replace such statements to replicate occasions or circumstances occurring after the date of this communication.

SOURCE: Johnson Controls