Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization, today announced it has completed the acquisition of Alloy Enterprises, a Boston-based company specializing in a next-generation thermal management platform for high-performance data centers and other mission critical industrial applications.
The acquisition strengthens Johnson Controls' data center cooling portfolio and advances its end-to-end thermal management capabilities, while expanding its community of technology innovators shaping the future of thermal performance.
"Alloy's capabilities build on our strong foundation in thermal management, strengthening our ability to deliver the high-performance thermal management our customers require in increasingly demanding environments," said Joakim Weidemanis, chief executive officer, Johnson Controls. "I'm excited to welcome the Alloy team to Johnson Controls. As demand grows in AI‑driven and mission‑critical environments, this investment increases our innovation advantage, with broader potential to scale Alloy's technology over time as we deliver even greater performance and efficiency outcomes for customers."
The integration of Alloy's technology and proprietary manufacturing process is expected to deliver greater customer benefits in terms of enhanced efficiency and improved heat transfer across a broad range of cooling applications. These capabilities complement Johnson Controls' existing range of data center cooling technologies.
The transaction was previously announced on Feb. 18, 2026, and has now closed. Financial terms were not disclosed.