CHICAGO, Jan. 26, 2015 /PRNewswire/ -- Carrier Corp. has
made a minority equity investment in ecobee, Inc., marking an
expansion in the parties' strategic relationship following their
collaboration to create the new Wi-Fi-enabled Carrier®
Côr™ thermostat. ecobee created the world's first
Wi-Fi-enabled smart thermostat, delivering increased comfort and
energy savings to customers. Carrier, the world's leader in
high-technology heating, ventilating and air-conditioning
solutions, is a part of UTC Building & Industrial Systems, a
unit of United Technologies Corp. (NYSE: UTX).
"The Carrier team is excited by the opportunities this
relationship will provide," said Chris
Nelson, president, North American HVAC, Carrier. "By
bringing together the strengths of both companies, from Carrier's
experience in manufacturing world-class heating and cooling
products to ecobee's leadership and innovation in smart
thermostats, our customers will benefit as we provide even more
advanced offerings for the smart home of today and tomorrow."
"Being selected as the thermostat technology to power the
Carrier Côr thermostat is significant validation and testament to
the pioneering technology ecobee has been developing since 2007,"
said Stuart Lombard, CEO, ecobee.
"This strategic relationship with Carrier will help put ecobee's
energy-saving technology into more homes across America."
Terms and details of Carrier's equity investment in ecobee were
not disclosed.
For more information about Carrier's home comfort solutions,
visit www.carrier.com/homecomfort or follow @CarrierAtHome on
Twitter.
About Carrier
Founded by the inventor of modern air
conditioning, Carrier is the world's leader in high-technology
heating, air-conditioning and refrigeration solutions. Carrier
experts provide sustainable solutions, integrating energy-efficient
products, building controls and energy services for residential,
commercial, retail, transport and food service customers. Carrier
is a part of UTC Building & Industrial Systems, a unit of
United Technologies Corp., a leading provider to the aerospace and
building systems industries worldwide. For more information, visit
www.carrier.com or follow @CarrierAtHome and @CarrierGreen on
Twitter.
About ecobee
ecobee, Inc., based in Toronto, Canada, introduced the world's first
wi-fi connected smart thermostat in 2009. The company continues to
innovate in the smart thermostat space and launched ecobee3
with remote sensors in 2014. ecobee's award-winning thermostats
have enabled hundreds of thousands of consumers to control their
home comfort anytime and from anywhere, using their smartphone,
tablet or computer. For more information, visit www.ecobee.com.
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SOURCE Carrier Corp.