Johnson Controls Acquires Alloy Enterprises
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 13 2026
0mins
Johnson Controls 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. 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.
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Analyst Views on JCI
Wall Street analysts forecast JCI stock price to rise
11 Analyst Rating
6 Buy
5 Hold
0 Sell
Moderate Buy
Current: 136.150
Low
130.00
Averages
139.20
High
154.00
Current: 136.150
Low
130.00
Averages
139.20
High
154.00
About JCI
Johnson Controls International plc is a global technology company. It specializes in energy efficiency, decarbonization, thermal management and mission-critical performance, which helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in expanding industries such as data centers, healthcare, and advanced manufacturing. Its segments include the Americas, EMEA, and APAC. It is engaged in engineering, manufacturing, commissioning and retrofitting building products and systems, including commercial heating, ventilating, air-conditioning (HVAC) equipment, industrial refrigeration systems, controls, and security systems. It serves customers by providing technical services, including maintenance, management, repair, retrofit and replacement of equipment and energy-management consulting. It also offers OpenBlue digital ecosystem to optimize real-time airflow in buildings based on occupancy for customers across industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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