Ireland-based Global Climate Innovator Trane Technologies Acquire Nuvolo

The acquisition expands Trane Technologies' digital and software-as-a-service (SaaS) offerings to cater to the rapidly increasing market for asset management and contemporary workplace solutions.

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Utilising a single solution, Nuvolo Connected Workplace, which is based on the ServiceNowTM Platform, helps clients in modernising facilities management, optimising spaces, and overseeing the whole lifecycle of organisational assets.

Paul Camuti, executive vice president and chief technology said, “We are delighted to officially welcome Nuvolo associates and begin the exciting work of building on our companies’ complementary capabilities, technology and offerings, and sustainability officer of Trane Technologies. Together, we look forward to accelerating Nuvolo’s global growth and bringing expanded world-class digital solutions to our global customers and partners that help them achieve their decarbonization and workplace transformation goals.”

About Trane Technologies

A leader in global climate technology is Trane Technologies. Their ecologically conscious product and service range, together with their strategic trademarks Trane® and Thermo King®, allow us to offer effective and sustainable climate solutions for homes, businesses, and transportation.

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About Nuvolo

Based on ServiceNow, Nuvolo is a market leader in contemporary cloud-based connected workplace solutions. Nuvolo provides a single platform for managing every employee, asset, location, and task within the company.

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Healthcare, life sciences, retail, public sector, higher education, technology, financial services, and enterprise are among the industries that are served. With offices in Wellesley, Massachusetts, Nuvolo employs people all over the world in regions like Asia, Europe, and North America.