Carrier Global Corporation has signed an agreement to acquire Nyte Software, a leader in data centre infrastructure management (DCIM) software.
Nlyte's data centre expertise will expand Carrier's HVAC business's access to the growing DCIM segment, complement its differentiated Automated Logic Controls business to create integrated customer solutions, and help fulfill its strategic focus on sustainable and intelligent solutions through increased recurring revenues.
Carrier’s HVAC president, Chris Nelson, said Nlyte's software and services, along with the expertise of its team, will enable Carrier to further develop its data centre capabilities and bring enhanced services and solutions to Carrier's broad, global customer base.
"This is an excellent strategic fit and enables us to provide customers a premier offering of data centre controls and infrastructure power management,” he said.
Nyte CEO, Doug Sabella, said the ttransaction also strengthens and expands its data centre offerings.
"As a leader in the DCIM market, we will be able to offer new solutions and value-added customer services for HVAC equipment, building automation, controls, security and fire systems. With Carrier's global footprint, Nlyte will be able to reach new segments and geographies,” Sabella said.
Nlyte helps customers manage their IT infrastructure and drives digital transformation of data centres. Its DCIM software provides centralised management of all data centre resources, which helps organisations plan, view and optimise their data centres for maximum energy efficiency and transparency.
Sabella said these outcomes have helped Nlyte enjoy a 98 per cent customer retention rate.
Nyte will become part of Automated Logic Corporation (ALC), Carrier’s building automation and controls business within Carrier’s HVAC segment.
Combining ALC WebCtrl building automation and Nlyte DCIM systems will provide data centre customers a complete intelligent solution to further improve operational efficiencies,, Carrier said in a statement.
Carrier expects to close its acquisition of Nlyte in the fourth quarter of 2021 subject to customary closing conditions. The terms of the transaction were not disclosed.