Carrier Global Corporation (CARR) inked a deal to acquire Nlyte Software to provide its customers a top-class offering of data center controls and infrastructure power management. The deal is in line with the company’s strategic initiative to make acquisitions in sustainable and intelligent solutions, thereby driving recurring revenues. The financial terms of the deal have been kept under wraps. Shares of the provider of HVAC (heating, ventilation, and air conditioning), refrigeration, fire, security, and building automation technologies worldwide have gained 70% over the past year. (See Carrier stock charts on TipRanks) Nlyte, a provider of data center infrastructure management (DCIM) software, boasts a 98% customer retention rate.
https://www.tipranks.com/news/carrier-global-corporation-to-snap-up-nlyte-software?utm_source=advfn.com&utm_medium=referral
Carrier Global (NYSE:CARR)
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Carrier Global (NYSE:CARR)
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