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M&A Deal Summary

Johnson Controls Acquires Accelsius

On October 6, 2025, Johnson Controls acquired technology hardware company Accelsius

Acquisition Highlights
  • This is Johnson Controls’ 2nd transaction in the Technology Hardware sector.
  • This is Johnson Controls’ 21st transaction in the United States.
  • This is Johnson Controls’ 2nd transaction in Texas.

M&A Deal Summary
Date 2025-10-06
Target Accelsius
Sector Technology Hardware
Buyer(s) Johnson Controls
Deal Type Add-on Acquisition

Target

Accelsius

Austin, Texas, United States
Accelsius empowers data center and edge operators to achieve their business, financial, and sustainability goals through advanced cooling solutions. Its proprietary NeuCool platform provides thermal efficiencies through a safe, two-phase liquid cooling system that scales from single racks to entire data centers. Accelsius is based in Austin, Texas.

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Buyer(S) 1

Buyer

Johnson Controls

Cork, Ireland
Category Company
Founded 1885
Sector Diversified
Employees94,000
Revenue 23.0B USD (2024)
DESCRIPTION
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.
Johnson Controls' operational headquarters in Milwaukee, Wisconsin.

Johnson Controls is a diversified technology and industrial company that creates products, services, and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls was founded in 1885 and is based in Cork, Ireland.

DEAL STATS #
Overall 33 of 33
Sector: Technology Hardware M&A 2 of 2
Type: Add-on Acquisition M&A Deals 28 of 28
State: Texas M&A 2 of 2
Country: United States M&A 21 of 21
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-23 Johnson Controls - Residential & Light Commercial HVAC Business

Ireland

Johnson Controls' Residential & Light Commercial HVAC Business manufactures ducted and ductless HVAC equipment and components globally for both residential and light commercial applications.

Sell $8.1B
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