Smartcool, Connected Holdings sign license agreement to integrate cloud-based technology with HVAC control systems
Connected Holdings will provide a cellular-enabled device, designed to allow connectivity and reporting for existing Smartcool ECO3 products.
Canada-based Smartcool Systems Inc. signed a license agreement with Connected Holdings, a Newport Beach, Calif.-based leader in machine-to-machine and Internet of Things (IoT) platforms. As part of the agreement, Connected Holdings will be responsible for the development of a cellular-enabled device featuring a cloud-based Smartcool algorithm application for integration with HVAC control systems.
Connected Holdings will fund the development work and manage the production of these new devices and cloud services. Connected Holdings will also provide a cellular-enabled device, designed to allow connectivity and reporting for existing Smartcool ECO3 products. Smartcool will distribute products and services created by Connected Holdings through its existing distributors and sales agents.