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CBRE Acquires E2C Technology

CBRE Acquires E2C Technology
26 August 2022 | Updated 31 August 2022
 

CBRE has acquired artificial intelligence business E2C Technology, with the intention of offering its clients additional data solutions.

CBRE hopes to use the acquisition to “enhance and further differentiate” its facilities management service offering. The company already use E2C’s cloud-based Nexus solution, which uses machine learning to automate building operations and processes.  E2C launched NEXUS in early 2019, and the platform serves customers in North America, Europe, and Asia.

E2C Co-Founder and CEO Anno Scholten, will join CBRE with a team based in Dallas and Singapore.

Kapil Lahoti, Chief Digital & Technology Officer for CBRE Global Workplace Solutions, said: “At CBRE we are committed to leveraging technologies that will drive the next evolution of facility management solutions that unlock significant value for our clients. Bringing E2C’s talent and new generation software onto our platform positions CBRE to lead the market with its differentiated Smart Facilities Management solutions.”

Picture: a graphic showing some laptops on a desk Image Credit CBRE

Article written by Ella Tansley | Published 26 August 2022

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