United States. Carrier Corp. confirmed that it has made a minority investment in ecobee, Inc., marking an expansion of the strategic relationship between the parties following their collaboration to create the new Wi-Fi-enabled Carrier® Côr ™ thermostat.
"The Carrier team is pleased with the opportunities this relationship is going to offer," said Chris Nelson, president of Carrier North America HVAC. "By bringing together the strengths of both companies, from Carrier's expertise in manufacturing world-class heating and cooling products to leadership and innovation in ecobee smart thermostats, our customers will benefit as we offer 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 the important validation and testament to the pioneering technology ecobee has been developing since 2007," said Stuart Lombard, CEO of the company. "This strategic relationship with Carrier will help put ecobee's energy-saving technology in more homes across the Americas."
Terms and details of Carrier's equity investment in ecobee were not disclosed.
