Carrier Global Corporation (CARR) inked a deal to acquire BrokerBay Inc., to drive recurring revenue by offering best-in-class solutions to real estate agents. The deal is in line with the company’s strategic initiative to make acquisitions in digital and aftermarket. The financial terms of the deal have been kept under wraps. Shares of the company that provides HVAC (heating, ventilation, and air conditioning), refrigeration, fire, security, and building automation technologies worldwide have gained 80% over the past year. (See Carrier stock charts on TipRanks) BrokerBay Inc. is a leading developer of an advanced and user-friendly real estate management cloud ecosystem.
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Carrier Global (NYSE:CARR)
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Carrier Global (NYSE:CARR)
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