Johnson Controls

Johnson Controls, Inc. is a multinational conglomerate that specializes in building efficiency, automotive experiences, and power solutions. The company's building efficiency division focuses on designing and installing integrated heating, ventilation, and air conditioning systems, as well as building management systems that include controls, security, and mechanical equipment. This segment also provides energy management consulting and operates real estate portfolios for non-residential buildings, alongside residential heating and cooling solutions. In the automotive sector, Johnson Controls designs and manufactures a range of interior products and systems for passenger vehicles, including seating, cockpit systems, overhead systems, and door components. Additionally, the power solutions division produces lead-acid automotive batteries for both original equipment manufacturers and the aftermarket, offering various battery technologies to support hybrid vehicles. Founded in 1885 and based in the United States, Johnson Controls is committed to delivering innovative solutions across its diverse business segments.

Shashank Bhatnagar

Finance Director

Ryan Edelman

Executive Director of Investor Relations

Antonella Franzen

Vice President and Chief Investor Relations and Communications Officer

George Oliver

Chairman and Chief Executive Officer

Brian Shekoski

Executive Director of Finance

Brian Stief

Vice Chairman and Chief Financial Officer

Bob VanHimbergen

Vice President and Corporate Controller

Marc Vandiepenbeeck

Vice President and Treasurer

14 past transactions

Nozomi Networks

Corporate Round in 2022
Nozomi Networks Inc. specializes in cybersecurity solutions for operational technology (OT) and the Internet of Things (IoT). The company offers a suite of products, including its Guardian system, which monitors network communications and device behaviors to enhance awareness of OT and IoT environments. Key offerings include a Central Management Console for unified visibility and management, as well as Threat Intelligence and Asset Intelligence services that provide continuous updates on device profiles and security threats. Nozomi Networks supports a wide range of industries, including energy, manufacturing, transportation, and critical infrastructure, enabling clients to manage cyber risks and improve operational resilience. Founded in 2013 and headquartered in San Francisco, California, the company has established a global presence with additional offices worldwide.

Alcatraz AI

Venture Round in 2021
Alcatraz AI, Inc. develops advanced facial authentication technology aimed at enhancing physical security for enterprises and government facilities. Founded in 2016 and based in Redwood City, California, the company utilizes machine learning and computer vision to create a frictionless access control system that eliminates the need for traditional badging. Alcatraz AI's solution integrates real-time 3D facial mapping with artificial intelligence to automatically recognize individuals as they approach a secured entry point. This system combines software with a specialized hardware device equipped with sensors, allowing for seamless entry while providing enhanced security features, such as tailgating alerts and analytics. By leveraging cutting-edge technology, Alcatraz AI enables organizations to implement highly secure access points that improve overall safety and user experience.

Esotec

Acquisition in 2021
Esotec provides specialist integration services that include the design, installation, and support of advanced surveillance and security capabilities.

Qolsys

Acquisition in 2020
Qolsys, Inc. is a manufacturer of home security and control systems, providing a diverse range of products that include IQ panels, life safety systems, cameras, and automation controls. Established in 2010 and based in Cupertino, California, the company focuses on enhancing the quality of life through innovative technology. Qolsys' devices offer interactive services such as remote arming and disarming of security systems, thermostat control, door lock access, and live video feeds, all manageable through a mobile application. This app allows users to receive alerts, manage energy usage, and monitor their homes in real time. The company distributes its products through various dealers across the United States and has established strategic partnerships with firms such as Alarm.com, Google Android, and Verizon. Originally a subsidiary of Tyco International plc, Qolsys now operates under Johnson Controls International plc following its acquisition in 2016.

Lux Products

Acquisition in 2018
Lux Products specializes in the design and manufacturing of innovative thermostats for residential, multi-family, and light commercial properties. Established in 1914, the company has evolved from creating timing devices to producing advanced touch-screen programmable thermostats, focusing on enhancing user experience and simplifying installation. As the second-largest retail thermostat brand in the U.S., Lux Products has sold over 10 million units, demonstrating its commitment to reliability and customer satisfaction. The family-owned business operates a customer service center in Philadelphia and a distribution center in Laredo, Texas, while also expanding its global presence. Following a significant acquisition in 2014, Lux's corporate headquarters is located in Hong Kong, with manufacturing facilities in Europe and Asia, allowing the company to maintain strong social and environmental standards.

Smartvue

Acquisition in 2018
The Smartvue IoT video and cloud surveillance services platform transforms how telco, cable, security, storage, device manufacturers, and other industries create new value for their customers and new revenue for themselves. The end-to-end Smartvue platform as a service (PaaS) supports connected devices that require video capture, security, transport, cloud storage, management, and distribution in a simple and elegant interface, cost-effectively delivered at scale worldwide to almost any device. The company has the industry’s leading portfolio of 60 utility patents (including patents in China as well as Europe). Smartvue is financed by the Fortress Investment Group (NYSE: FIG), a diversified global investment management firm with more than $70B in assets. The Smartvue board of directors includes David Dorman (former Chairman and CEO of AT&T and current board member of PayPal, Dell, Motorola, YUM, and CVS Chairman), Art Laffer (former Economic Advisor to President Ronald Reagan and Chairman of Laffer Investments), Bert Ellis (CEO of Ellis Communications Venture Capital), Chairman Daniel Knotts (CEO of Electronic Evolutions), and Martin Renkis (former founder and CEO of Trainersoft - now IBM).

Optimum Energy

Venture Round in 2013
Optimum Energy LLC specializes in developing software solutions designed to optimize energy use in heating and cooling systems, primarily for large facilities and campuses. The company's flagship platform, OptiCx, allows clients to significantly reduce energy consumption and operational costs associated with HVAC systems. Additionally, Optimum Energy offers various configurable control software tools such as OptimumLOOP for optimizing centrifugal chilled water plants, OptimumAIR for improving the efficiency of air handlers, and OptimumHEAT for boiler plants. The company's solutions are particularly beneficial for hospitals, universities, pharmaceutical laboratories, production clean rooms, data centers, and commercial office buildings across North America. Founded in 2005 and headquartered in Seattle, Washington, Optimum Energy combines data science with engineering expertise to help organizations meet and surpass their sustainability goals while enhancing operational efficiency.

EnergyConnect

Acquisition in 2011
Energyconnect Group, Inc. provides demand response services to the electricity grid. Through its proprietary software as a service (SaaS) platform, the company allows commercial and industrial consumers of electricity to access demand response programs that are offered by the grid and get paid by agreeing to stand by and curtail based upon a grid event or responding to a price signal. It offers EventConnect, a software solution for its customers that allows them to manage their capacity programs; and FlexConnect, which is designed to allow the customers to engage in wholesale electricity markets. The company, formerly known as Microfield Group, Inc., was founded in 1984 and is headquartered in Campbell, California.

Gridlogix

Acquisition in 2008
Energy Management
Bristol Compressors International, Inc. is a global manufacturer and designer of compression technology used in residential and commercial air conditioning and heat pump applications.

axonX

Venture Round in 2005
AxonX LLC is a Maryland based company that has developed machine vision technologies for integrated safety systems. These technologies bring more advanced features to video surveillance systems resulting in more robust and intelligent detection of hazardous conditions. Their leading position in this new generation of digital security systems is based on expertise in image analysis, artificial intelligence, patented signal processing technologies and accumulated intellectual property.

InnerWireless

Series C in 2005
InnerWireless, Inc. provides in-building wireless and RFID solutions to healthcare, enterprise, government, and hotel/gaming markets. InnerWireless solutions provide in-building wireless wide area network (WAN) and WLAN solutions for voice, data, multimedia, location, and other wireless services to the mobile workforce. It offers Wireless Utility, a broadband infrastructure that provides wireless signal coverage for mobility, communication, and real-time access to data. This solution also provides access to WAN services, including cellular services, paging capability, two-way radio service, first responder technology, WiFi access, enterprise voice service, and building automation and security. InnerWireless offers Horizon Converged Wireless platform for wide area services, building distribution, local area services, and segment distribution; and PanGo Unified Asset Visibility platform for asset, workflow, and inventory management, as well as to aggregate and synthesize data from various RTLS, RFID, and sensor sources. InnerWireless, Inc. was formerly known as E-tron Technologies, Inc. InnerWireless was founded in 1998 and is headquartered in Richardson, Texas.

SCIENTECH

Acquisition in 2001
SCIENTECH is a fast-growing, worldwide provider of expert services, utilizing experienced people and proprietary technology to meet the needs of its changing markets, particularly energy, telecommunications, and state and federal government. They have augmented Their skills and experience with leading-edge software, systems, data, equipment, and instrumentation. To bring this collective capability, quickly, to each of Their customers, They have used Their expertise in network technology to create a decentralized, geographically diverse, and flexible organization, in tune with the world of e-Commerce. They encourage a cooperative, empowered, and supportive work environment to maximize the potential of this networked organization. Through partnerships, subcontracts, consultants, and acquisitions, They are able to add any additional expertise needed to support Their customers and their changing needs.