MONTREAL — BrainBox AI announced an agreement to acquire ABB’s multi-site retail (MSR) energy management system integrator business. With the objective of accelerating the decarbonization journey for retailers, BrainBox AI intends to integrate ABB’s MSR business, its experienced team based in New Hampshire, USA, and an installed base of over 12,000 retail locations in its current operations. Coupled with BrainBox AI’s AI optimization technology, the combined offering will help retailers reduce their greenhouse gas (GHG) emissions and utility costs without replacing their existing environmental management system (EMS).

AI and cloud-enabled HVAC autonomous control, natively integrated with the leading on-premise EMS solution, will offer retailers an unparalleled ability to operate their stores and achieve their pressing decarbonization goals.

“We are excited to announce our intent to bring this MSR-focused technology on board,” said Sam Ramadori, CEO, BrainBox AI. “This complementary acquisition, when completed, will enable BrainBox AI to solidify its position in the retail market, allowing us to offer stronger operational support and know-how to our valued customer base. Ultimately, the journey of delivering a hybrid cloud and on-premise solution will accelerate the transition to next-generation, virtualized EMS offerings that will allow retailers to meet and exceed ambitious ESG objectives at scale with a very cost effective solution.”

Mike Mustapha, president, Smart Buildings Division, ABB Electrification, said, “By transferring the MSR business to BrainBox AI, customers can leverage artificial intelligence to achieve better energy efficiency and decarbonization. This fully aligns with our mission to pursue building decarbonization jointly with our strategic partners.”

For more information, visit www.brainboxai.com.