Cylon Acquire American Auto-Matrix - Jun 30th
Posted on Jun 30, 2014
Cylon Energy Inc acquire American Auto-Matrix
Cylon Energy Inc. announced today its acquisition of American Auto-Matrix, an American-based Building Automation Systems Critical Environments Controls manufacturer located in Export, PA. This acquisition is part of Cylon’s continued expansion in the American building automation controls market.
On July 1st, 2013, Cylon Energy Inc., a subsidiary of Cylon Controls Ltd., acquired the management of the Building Automation Systems Dealer Business of Teletrol Systems Inc., from Royal Philips Electronics (AEX: PHI, NYSE: PHG).
Cylon Energy Inc. now owns a majority shareholding in American Auto-Matrix an acquisition that expands Cylon’s global system integration network to 240 with 90 of these in the US.
"Cylon recognises the importance Energy Control will play on the global stage in the decades to come. With Teletrol we are able to bring a much-needed upgrade path to thousands of installations by offering Cylon open protocol products and energy management services to the Teletrol legacy install base. With American Auto-Matrix, we have found a company that naturally dovetails to create a synergy of open technologies and knowhow from both entities. With products like AspectFT and Cylon’s SaaS, Active Energy Management platform, Voya™ Xplor, open BACnet controllers we will be able to offer both advanced, open, web-enabled, enterprise solutions combined with cloud-based energy management software to our customer base.” said Sean Giblin, President of Cylon Energy Inc.
“This acquisition marks over 60 combined years of technological development and product implementation. With our collective technologies, talent, and resources our companies will be able to offer seamless, open integration and control for facilities that will save them even more time, energy, and money. We are excited to be able to make yet another leap forward in our industry,” said Rocky Moore, Director of Business Development.
About American Auto-Matrix
Over the past 35 years American Auto-Matrix has grown to be a worldwide influencer in the HVAC and Critical Environments industry with a network of Solution Integrators that spans the globe. Manufacturing a complete family of microprocessor-based, applied, networkable controllers, used in a broad range of applications, AAM was the first to offer open architecture, generation-to-generation compatibility, DDC, and object-oriented programming. American Auto-Matrix has one of the largest offerings of BTL Listed products in the industry to date. The company continues to break ground adding products such as the web-based, AspectFT front-end Building Automation System, the first mobile zone control application, vSTAT, for commercial facilities, and the first imbedded HTML5 interface for an area control solution.
Visit American Auto-Matrix for more information