Trane Technologies to Acquire BrainBox AI
December 18, 2024
Trane Technologies has signed a definitive agreement to acquire BrainBox AI, a Montreal-based autonomous HVAC controls and generative AI building technology company. The deal is intended to augment Trane’s building management and digital capabilities and expand smart building solutions that reduce energy use and greenhouse gas emissions, with a planned close in early 2025.
- Buyers
- Trane Technologies
- Targets
- BrainBox AI
- Industry
- AI & Machine Learning
- Location
- Canada
- Transaction Type
- Addon
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