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Carrier Global Corporation reports developments across intelligent climate and energy solutions, including HVAC equipment, air quality, temperature control and transportation refrigeration. Company news commonly covers operating results, order trends, shareholder returns, sustainability recognition and presentations at industrials conferences.
Recurring updates also include Carrier Ventures activity tied to thermal management, data center liquid cooling and European heat pump adoption. The company’s releases describe product and service themes across commercial and residential climate systems, transportation cold chain applications, and energy-efficient building and infrastructure solutions.
Carrier Global Corporation (NYSE:CARR) is scheduled to release its third quarter 2021 earnings on October 28, 2021, at 8:30 a.m. ET. The subsequent conference call will be available via webcast at ir.carrier.com. Investors can dial (877) 742-9091 for audio, with replay options starting at 11:30 a.m. ET on the same day until November 4, 2021. Carrier is recognized as a global leader in providing sustainable building and cold chain solutions. For more details, visit www.Corporate.Carrier.com.
Carrier Global Corporation (NYSE: CARR) has finalized its acquisition of Nlyte Software, a key player in data center infrastructure management software. This acquisition, first announced on September 22, 2021, allows Carrier to enhance its HVAC business by integrating Nlyte's expertise into Automated Logic Corporation (ALC), Carrier's building automation segment. The deal aims to strengthen Carrier's strategic focus on sustainable solutions and create integrated offerings for customers in the growing DCIM market. Financial details of the transaction remain undisclosed.
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Carrier Global Corporation (NYSE: CARR) announced the completion of its acquisition of BrokerBay Inc. on October 4, 2021, following a prior announcement on September 16, 2021. BrokerBay is an advanced real estate management cloud ecosystem, which will enhance Carrier's Supra segment, improving scheduling, communication, and agent productivity. This strategic acquisition aims to revolutionize digital services in the real estate sector and is part of Carrier's strategy to increase recurring revenue through enhanced offerings. The terms of the transaction were not disclosed.
Carrier is expanding its Healthy Homes initiative in China with the introduction of the Kidde MOON series of smart home devices, which includes various safety detectors. This marks Carrier's entry into China's growing residential smart home market, projected to reach US$ 48.2 billion by 2027. The products provide enhanced home health monitoring and connect via a mobile app, responding to increased demand for smart devices amidst urbanization trends.
Kidde has announced Birdie, a fire service dog from CAL FIRE, as the winner of its inaugural Fire Service Dog of the Year contest, held in recognition of National Fire Pup Day. The contest engaged U.S. fire departments to submit photos of their working dogs, with Birdie winning through popular vote. As a reward, Birdie’s station will receive 10 pet oxygen masks valued at $1,200 and other promotional features. Kidde emphasizes the importance of pet fire safety, launching campaigns to educate pet owners, especially as COVID-19 restrictions ease, allowing pets to be left alone more often.
ADRF, the largest pure-play in-building DAS provider, unveiled the ANN-L long range annunciator at the IWCE. This innovative product extends the range of alarms up to 1,000 feet, simplifying installation for system integrators and building owners. ADRF's Director of Public Safety emphasized the ease of use and flexibility provided by the ANN-L. Additionally, ADRF is showcasing interoperability with Edwards Fire and Life Safety System, enhancing centralized safety solutions in compliance with NFPA requirements. ADRF and Carrier Global Corporation have a strategic partnership to enhance emergency communication systems.
Carrier Global Corporation (NYSE: CARR) announced its agreement to acquire Nlyte Software, a leader in data center infrastructure management (DCIM) software. This acquisition aims to enhance Carrier's HVAC business by expanding its access to the growing DCIM market. Nlyte's expertise will support Carrier's focus on sustainable solutions and recurring revenues. The deal will integrate Nlyte into Automated Logic Corporation, improving operational efficiencies for data center customers. The transaction is expected to close in Q4 2021, pending customary conditions.
Carrier has installed a custom air conditioning solution in the historic Raphael Rooms at the Vatican Museums to ensure optimal ventilation and comfort during high summer temperatures reaching 104°F/40°C. This innovative system, designed to preserve the historical integrity of the space, features high-capacity fan coils and energy-efficient chillers. The project showcases Carrier's expertise in developing tailored HVAC solutions, continuing their collaboration with the Vatican, which began with the Sistine Chapel HVAC system in 2014. The installation supports both visitor comfort and the preservation of significant artworks.
Carrier Global Corporation (NYSE:CARR) has announced its agreement to acquire BrokerBay Inc., a leader in real estate management software. This acquisition aims to integrate BrokerBay's user-friendly solutions with Carrier's existing offerings in the Fire & Security sector, particularly enhancing its lockbox management system. The deal is expected to close in October and will streamline real estate processes, ultimately delivering improved efficiencies for agents. Carrier seeks to increase recurring revenue through this strategic acquisition, aligning with their long-term growth plans.