Riptide IO: Daikin Applied Acquires Minority Stake In Cloud-Based Building Automation Company

MINNEAPOLIS, Nov. 20, 2015 /PRNewswire/ -- Daikin Applied Americas announced today it is acquiring a minority ownership stake in Riptide IO, a California-based software company that focuses on helping building owners connect, manage and automate building equipment by bringing the full benefit of the Internet of Things (IoT) to commercial buildings. Terms of the deal are not being disclosed.read more