Third time’s the charm: Today, German conglomerate Siemens announced it will acquire Comfy, an Oakland-based startup that allows office workers to control temperature and lighting. The purchase rounds out a buying spree for Siemens’ Building Technologies Division, which acquired two other smart building companies, J2 Innovations and Enlighted, last month. All three companies play a role in helping turn existing building infrastructure into smart, IoT-enabled systems.
“These acquisitions are not just stand alone investments to help us grow our business. It is really about expanding our smart building strategy,” explained Siemens Building Technologies President Dave Hopping. “We want to be the leading smart building company in the world and we need companies like Comfy to succeed in that mission.”
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