Riptide IO: Daikin Takes a Minority stake in Riptide IO

Daikin Applied Americas has taken a minority stake in Riptide IO, a company that connects, manages and automates building equipment via the Internet of Things (IoT). Terms of the deal, including the size the share being taken by Daikin, were not disclosed. The press release says that the two partnered in the development of Daiken ...Continue ReadingThe post Daikin Takes a Minority stake in Riptide IO appeared first on Energy Manager Today.