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Johnson Controls has agreed to acquire Alloy Enterprises, enhancing its position in thermal management solutions for data centers. Alloy Enterprises specializes in advanced cooling technology, improving thermal management efficiency by up to 35% and reducing pressure drop by up to 75%.

This acquisition, expected to close in Q3 of the fiscal year, will expand Johnson Controls' cooling portfolio, which includes scalable solutions for liquid cooling and efficient absorption chillers. The acquisition will enable improved solutions for data centers and critical environments.