Monday, November 18, 2024

View Acquires RXR Realty’s WorxWell™ Platform to Create an Industry-Leading Office Real Estate Technology Offering

View, Inc.the leader in smart building technologies, today announced it has entered into a strategic agreement with RXR Realty to combine RXR’s WorxWell™ data analytics platform into its broader technology stack.

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Formerly known as RxWell™, WorxWell’s award-winning, data analytics platform aggregates all building data including occupancy, space usage, digital collaboration and work patterns, access control, air quality, temperature, and environmental factors into a consolidated dashboard to optimize every aspect of building operations and workplace experience for both building owners and occupiers. It also offers tools and mobile apps that put employee health and safety, security, space utilization, hybrid work analyses, employee experience and engagement, ESG optimization and compliance, operational information, and more in the hands of building managers and tenants. WorxWell is currently deployed in 25 million square feet of office buildings.

View has built a converged, enterprise-grade, secure network that serves as the platform for smart buildings; View also offers infrastructure security software, machine-learning enabled smart sensors and analytics, and products to enhance user health and experience, energy savings, and operational efficiency in buildings. Acquiring WorxWell enables View to provide an integrated, end-to-end technology and product stack that seamlessly brings together software, sensors, and data from View and third parties, into a unified platform, so real estate owners and enterprise customers can use data to effectively and efficiently respond to changing trends in real estate, such as hybrid work, health and wellness, and sustainability.

“Real estate owners and tenants are embracing technology to deliver better occupant experiences, improved health, lower carbon emissions, and superior business outcomes,” said Dr. Rao Mulpuri, CEO of View. “We are excited to partner with RXR to bring together the best of both companies – RXR’s real estate expertise and tenant insights and View’s deep technology and product development expertise – to make buildings healthier, more energy efficient, more adaptable to user needs, and lower cost to operate.”

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