FogHorn Systems
Overview
| Deal Type |
Mergers & Acquisitions |
|---|---|
| Client & Transactional Partners |
FogHorn Systems Johnson Controls International |
| Our Role |
Exclusive Financial Advisor |
Summary
On December 21, 2021, KeyBanc Capital Markets ("KBCM") successfully advised FogHorn Systems (“FogHorn” or the “Company”) on its sale to Johnson Controls International. KBCM served as Exclusive Financial Advisor on this transaction.
FogHorn is a leading developer of edge AI software for industrial and commercial IoT application solutions. The Company's software platform brings the power of advanced analytics and machine learning to the on-premises edge environment enabling a new class of applications for advanced monitoring and diagnostics, machine performance optimization, proactive maintenance, and operational intelligence use cases. FogHorn's technology is ideally suited for OEMs, systems integrators and end customers in manufacturing, power and water, oil and gas, renewable energy, mining, transportation, healthcare, retail, as well as smart grid, smart city, smart building, and connected vehicle applications.
Johnson Controls is the global leader in smart, healthy and sustainable buildings. With a history of more than 135 years of innovation, Johnson Controls delivers the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond. With a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology, software as well as service solutions with some of the most trusted names in the industry.
