Johnson controls agrees to acquire silent-aire to accelerate growth in hyperscale data center vertical

Cork, ireland, april 9, 2021 /prnewswire/ -- johnson controls (nyse: jci), the global leader for smart, healthy and sustainable buildings, today announced it has entered into a definitive agreement to acquire silent-aire, a global leader in hyperscale data center cooling and modular critical infrastructure solutions. this all-cash transaction is valued at up to $870 million, including an upfront payment of approximately $630 million and additional payments to be made subject to the achievement of post-closing earnout milestones.
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