Trane Technologies to Acquire BrainBox AI [Yahoo! Finance]
Trane Technologies plc (TT)
Company Research
Source: Yahoo! Finance
Technologies' advanced building management and digital capabilities to meet fast-growing demand for sustainable, autonomous building solutions Accelerates and scales smart building technologies that reduce demand-side energy consumption and greenhouse gas (GHG) emissions SWORDS, Ireland, December 18, 2024 BUSINESS WIRE )--Trane Technologies (NYSE: TT), a global climate innovator, announced that it has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology. Headquartered in Montreal, Canada, a global AI hub, BrainBox AI has developed an industry-leading enterprise autonomous building platform. An estimated 15% of global greenhouse gas (GHG) emissions are directly related to the heating and cooling of buildings. BrainBox AI uses advanced deep learning algorithms to predict building energy needs, automate HVAC systems, reduce energy consumption by up to 25% and reduce GHG emissions
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News
- Chillers Market worth $15.42 billion by 2029 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Trane Technologies to Acquire BrainBox AIBusiness Wire
- Top Podcasts of 2024 [Yahoo! Finance]Yahoo! Finance
- Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability Officer [Yahoo! Finance]Yahoo! Finance
- Mauro Atalla Joins Trane Technologies as Chief Technology and Sustainability OfficerBusiness Wire
TT
Earnings
- 10/30/24 - Beat
TT
Sec Filings
- 12/5/24 - Form 4
- 12/4/24 - Form 144
- 11/21/24 - Form 8-K
- TT's page on the SEC website