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Johnson Controls to acquire Silent-Aire in $870 million deal

Christian Fernsby |
Johnson Controls announced it has entered into a definitive agreement to acquire Silent-Aire, a global leader in hyperscale data center cooling and modular critical infrastructure solutions.

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Topics: JOHNSON CONTROLS    SILENT-AIRE   

This all-cash transaction is valued at up to $870 million, including an upfront payment of approximately $630 million and additional payments to be made subject to the achievement of post-closing earnout milestones.

Silent-Aire specializes in the design, engineering and manufacturing of mission critical custom air handlers and modular data centers for hyperscale cloud and colocation providers.

Silent-Aire's portfolio of data center solutions allow for rapid deployment of critical infrastructure in flexible configurations, with a focus on quality, scalability, and speed-to-market.

Silent-Aire's revenue for fiscal year 2021 (May) is expected to approximate $650 million.


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