Strategic Investment and Partnering for Next-Gen PACE+PACE Cloud

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PaceControls has concluded a strategic investment and partnering agreement with a Qualcomm Licensee mobility manufacturer, to build out its next-generation PACE+PACE Cloud product suite on a Qualcomm Snapdragon processor architecture running on Google’s Android operating system.  Qualcomm (NASDAQ: QCOM) is one of the world’s largest mobility and Internet of Things (IoT) companies.  “We are extremely excited with this alliance”, said Tom Mills, PaceControls’ CEO.  “This gives our market-leading PACE technology a truly global platform and enhanced processing power, and greatly enhances what we can bring to our partners in wireless and wired building systems.”