From smartphones to computers, having access to information when and where we need it makes us smarter, more efficient, and more connected. Johnson Controls has announced that it has acquired the remaining stake in smart security technology provider Qolsys Inc., having owned a majority since 2014. Qolsys enhances Johnson Controls global innovation platform VARINDIA - India's frontline IT Magazine, provides the real time IT News. Johnson Controls sees long-term opportunities to bring Silicon Valley innovation and culture to our broader cloud-enabled IoT solutions in building management, fire and HVAC businesses," said Jeff Williams, president of Global Products, Johnson Controls. Johnson Controls (NYSE: JCI) announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. The Qolsys founders and leadership team will remain in Silicon Valley (San Jose, CA) assuming key roles in Johnson Controls global intrusion business. Johnson Controls sees long-term opportunities to bring Silicon Valley innovation and culture to our broader cloud-enabled IoT solutions in building management, fire and HVAC businesses,” states Jeff Williams, president of Global Products, Johnson Controls. Qolsys continues to show consistent growth of services and dealers, which led to $150 million in revenues during fiscal year 2019, according to the company. The IQ Panel 2 Plus and a full line of security and home automation devices are available today from Authorized Qolsys distributors. IQ Panel 2. © 2021 Johnson Controls. CORK, Ireland — Johnson Controls (NYSE: JCI) has acquired the remaining stake in Qolsys, a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Johnson Controls announced it has acquired the remaining stake of Qolsys Inc., a residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Contacts. San Jose Johnson Controls and Qolsys Inc. Dave will become vice president and general manager of the global intrusion products business for Johnson Controls, which had $500 million in revenue in fiscal year 2019. Qolsys is said to enhance Johnson Controls’ global innovation platform delivering next generation security and smart building solutions. This site uses cookies to offer you a better browsing experience. The Qolsys founders and leadership team will remain in Silicon Valley assuming key roles in the Johnson Controls global intrusion business. Johnson Controls International plc has acquired the remaining stake in San Jose-based Qolsys Inc. after originally acquiring a majority stake in 2014. For more information, please visit http://www.johnsoncontrols.com/. The Qolsys founders and leadership team will remain in San Jose, Calif., assuming key roles in Johnson Controls global intrusion business, according to a press release. Johnson Controls Acquires Qolsys, Inc. To Capitalize On Emerging Technologies And Customers Looking For World-Class Building Solutions. Johnson Controls announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart home manufacturer, after owning a majority since 2014. The IQ Panel 2 Plus and peripherals have driven explosive growth in North America and across the globe with future-proof features supported by over-the-air software updates, built-in panel camera, Bluetooth disarming and innovative installation and diagnostic tools to reduce costs and increase user engagement and satisfaction, according to the press release. From optimizing building performance to improving safety and enhancing comfort, we drive the outcomes that matter most. Our leading portfolio of building technology and solutions includes some of the most trusted names in the industry, such as Tyco®, YORK®, Metasys®, Ruskin®, Titus®, Frick®, Penn®, Sabroe®, Simplex®, Ansul® and Grinnell®. Qolsys enhances Johnson Controls global innovation platform, delivering next-gen smart building solutions. And the Qolsys founders and leadership team will remain in San Jose, CA, assuming key roles in Johnson Controls global intrusion business. The IQ Panel 2 Plus and a full line of security and home automation devices are available today from Authorized Qolsys distributors. Johnson Controls will offer Qolsys products throughout global markets. Qolsys enhances Johnson Controls global innovation platform By continuing to navigate through this site or by clicking Approve, you consent to the use of cookies on your device. About Johnson ControlsAt Johnson Controls, we transform the environments where people live, work, learn and play. This is a major milestone in our 10-year journey to disrupt and transform the security industry with advanced cloud-enabled solutions that transcend traditional intrusion offerings including advanced automation, energy management, apartment management, building management and wellness for aging in place.". This latest acquisition now puts the entire company under the ownership of Johnson Controls. Johnson Controls continues in its mission to deliver smarter, safer, more intelligent and connected buildings, by deploying emerging technologies, such as embedded IP, artificial intelligence and machine learning through state-of-the-art solutions and partnerships. Pulling will become vice president and general manager of the global intrusion products business for Johnson Controls, which had $500 million in revenue in fiscal year 2019. Johnson Controls transform the environments where people live, work, learn, and play. CORK, Ireland, Aug. 4, 2020 /PRNewswire/ -- Johnson Controls (NYSE: JCI) announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys continues to show consistent growth of services and dealers, which led to $150 million in revenues during fiscal year 2019. Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Johnson Controls continues its mission to deliver smarter, safer, intelligent and more connected buildings by deploying emerging technologies such as embedded IP, artificial intelligence and machine learning through best-in-class solutions and partnerships. CORK, Ireland — Johnson Controls (NYSE: JCI) has acquired the remaining stake in Qolsys, a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys, which makes a variety of smart security and life safety products for the residential and light commercial markets, had $150 million in revenues during fiscal year 2019. Johnson Controls announced Tuesday it has acquired the remaining stake of Qolsys, a residential and commercial security and smart-home manufacturer, after owning a majority since 2014. Qolsys recently announced roadmap products including the IQ Hub, a lower-priced, third-generation IQ Panel; the IQ Router, a next-generation mesh networking solution to elegantly address the rapidly complex connected home; IQ Water, a connected water shutoff valve designed for mass market retrofit; and a fourth generation IQ Panel due in 2021 with Qualcomm chipset supporting AI, M2M and next generation connectivity. We deliver our promise in industries such as healthcare, education, data centers and manufacturing. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere … Qolsys is said to enhance Johnson Controls’ global innovation platform delivering next generation security and smart building solutions. The setup wizard is very technician friendly and our installations are now 75% faster saving time and money." CORK, Ireland, Aug. 4, 2020 /PRNewswire/ -- Johnson Controls announced today it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home... | … Introducing Metasys® Release 10.0 by Johnson Controls ... Qolsys Adopt our smart and innovative security devices, connect with any home automation device and gain ultimate control over your home security. (855) 476-5797 “Qolsys enhances Johnson Controls global innovation platform delivering next generation security and smart building solutions. Johnson Controls (NYSE: JCI) announced it has acquired the remaining stake of Qolsys Inc., a leading residential and commercial security and smart-home manufacturer, after owning a majority since 2014. “Qolsys has grown from a startup to a leading security platform provider with over 4,000 dealers and service providers worldwide. Verticals around the globe from optimizing building performance to improving safety and enhancing comfort, believe. 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