Trane Technologies Completes Acquisition of Connected Workplace and Enterprise Asset Management Leader Nuvolo
03 Novembro 2023 - 5:00PM
Business Wire
Trane Technologies (NYSE: TT), a global climate innovator, has
completed the acquisition of Nuvolo, a global leader in modern,
cloud-based connected workplace and enterprise asset management
products and solutions. The acquisition was previously announced in
a press release on October 2, 2023.
The acquisition expands Trane Technologies’
software-as-a-service (SaaS) and digital capabilities to meet
fast-growing demands for modern workplace and asset management
solutions. Nuvolo Connected Workplace, built on the ServiceNow™
Platform, helps customers modernize facilities management, optimize
spaces, and manage the full lifecycle of enterprise assets
utilizing a single solution.
“We are delighted to officially welcome Nuvolo associates and
begin the exciting work of building on our companies’ complementary
capabilities, technology and offerings,” said Paul Camuti,
executive vice president and chief technology and sustainability
officer of Trane Technologies. “Together, we look forward to
accelerating Nuvolo’s global growth and bringing expanded
world-class digital solutions to our global customers and partners
that help them achieve their decarbonization and workplace
transformation goals.”
About Trane Technologies
Trane Technologies is a global climate innovator. Through our
strategic brands Trane® and Thermo King®, and our environmentally
responsible portfolio of products and services, we bring efficient
and sustainable climate solutions to buildings, homes, and
transportation. Learn more at tranetechologies.com.
About Nuvolo
Nuvolo is the global leader in modern, cloud-based connected
workplace solutions, built on ServiceNow. Nuvolo provides a single
platform to manage all people, all physical locations, all assets,
and all work across the business. Industries served include
healthcare, life sciences, retail, public sector, higher education,
technology, financial services, and enterprise. Nuvolo is
headquartered in Wellesley, MA, with a global workforce located
throughout North America, Europe, and Asia. Learn more at
nuvolo.com.
Forward-Looking Statements
This news release includes “forward-looking statements” within
the meaning of securities laws, which are statements that are not
historical facts, including statements that relate to the
acquisition of Nuvolo and the anticipated impact of the transaction
on the Company’s strategic initiatives and sustainability
commitments. These forward-looking statements are based on our
current expectations and are subject to risks and uncertainties,
which may cause actual results to differ materially from our
current expectations. Factors that could cause such differences can
be found in our Form 10-K for the year ended December 31, 2022, as
well as our subsequent reports on Form 10-Q and other SEC filings.
New risks and uncertainties arise from time to time, and it is
impossible for us to predict these events or how they may affect
the Company. We assume no obligation to update these
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20231103526265/en/
Media Contact: Shelby Hansen +1-925-336-0496
Shelby.Hansen@tranetechnologies.com
Investors Contact: Zachary Nagle +1-704-990-3913
InvestorRelations@tranetechnologies.com
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