Siemens Building Technologies extends its leadership in smart buildings by acquiring Building Robotics Inc., the creator of Comfy®

• Comfy is a leading digital workplace app, creating more personalized and responsive workplaces while providing analytics for efficient building operations

• Sold as software-as-a-service, Comfy will extend the cloud portfolio of Siemens Building Technologies

• Transaction expected to close in the third quarter of 2018

Siemens Building Technologies Division is setting a further milestone in smart building solutions by acquiring Building Robotics Inc., a market leader in the fast growing digital workplace experience app domain. Headquartered in Oakland, California, the start-up achieved its leadership position by developing a simple-to-use app that enables people to take control of their environment. Building Robotics, Inc. is best known by the name of its core product, Comfy.

Building Robotics Inc. will be a wholly-owned subsidiary of Siemens Industry Inc. and continue to operate as a vendor-agnostic platform provider. The two co-founders CEO Andrew Krioukov and CTO Stephen Dawson-Haggerty will remain in their current position in the management team of Building Robotics Inc. Both parties have agreed not to disclose any figures. Closing is expected in the third quarter of 2018.

“This move further strengthens our leadership position in smart buildings,” said Matthias Rebellius, CEO of Siemens Building Technologies. “With the Comfy app we will bring a consumer-like experience to commercial buildings that simplifies the interaction with buildings to increase employee productivity and engagement.”

Through the Comfy app, Siemens Building Technologies will connect people, places and systems to create amazing workplace experiences – putting people in the center of a building. Comfy directly integrates with existing building automation, IT networks and IoT systems to provide on-demand control and smart automation, all within a single intuitive app. At a time when smart technology is becoming a must-have in the office, employees can use the app to make immediate changes in temperature and lighting, book rooms and desks, and provide feedback on their space.

“Comfy has successfully redefined the way people interact with their workplaces,” said Andrew Krioukov, CEO and co-founder of Building Robotics Inc. “By joining Siemens, the global leader in total building solutions, we open up greater opportunities to accelerate the development of new functionalities, grow the open protocol ecosystem, and reach more people around the world.”

Founded in 2012, the Comfy team leverages expertise in machine learning, UX design and enterprise service to develop software solutions for building operators and occupants. The start-up has leading enterprise customers in major markets such as the US, Australia, Singapore and India.

This press release and further material is available at www.siemens.com/press/building-robotics

For further information on the Building Technologies Division, please see www.siemens.com/buildingtechnologies

For information on #CreatingPerfectPlaces, please see Landing Page: www.siemens.com/perfect-places and Twitter: www.twitter.com/SiemensBT.

For further information on Building Robotics, please see www.comfyapp.com