Summary
- JLL has announced a deal to acquire ValuD Consulting.
- ValuD provides a full suite of technology consulting services for facilities management software systems and, more recently, Internet of Things applications.
- JLL is increasing its investment in and acquisitions of technology capabilities that can impact its core real estate services and advisory businesses.
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Quick Take
Commercial real estate services firm Jones Lang Lasalle (JLL) has announcedan agreement to acquire ValuD Consulting for an undisclosed amount.
ValuD has developed a technology consulting business focused on IBM’s (NYSE:IBM) TRIRIGA facility management software system.
JLL is acquiring ValuD to enhance its facilities management capabilities as the sector continues to grow from a trend toward outsourcing.
