By Donato Paolo Mancini 
 

Siemens AG's (SIE.XE) Building Technologies division is acquiring Enlighted Inc., Siemens said Wednesday.

Enlighted is a provider of internet-of-things systems in buildings with headquarters in Silicon Valley. Its main offering is smart sensors that work on cloud computing.

Siemens said the acquisition will expand its smart-building technology offering with a digital sensory system, with advanced lighting control as a main element, enabling users to optimize energy usage.

Closing of the deal is expected in the third quarter.

Both parties have agreed to not disclose financial details, Siemens said.

Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com

(END) Dow Jones Newswires

May 23, 2018 10:36 ET (14:36 GMT)