IMI to acquire iSMA Controlli for €63m
IMI will acquire iSMA Controlli for €63 million, integrating its automation platform to enhance IMI's smart building technology offerings.
IMI said the acquisition brings iSMA Controlli's open, scalable automation platform into its smart-connected product offering, broadening the company's capabilities in monitoring and optimising commercial building performance. The FTSE 100-listed group added that iSMA Controlli was expected to gener…