Parametric has acquired BrightTree Studios for an undisclosed amount, marking a significant corporate acquisition. BrightTree Studios, founded in 2007, is recognized as a leader in innovative and collaborative technology, specializing in AV, IT/telecom, security, acoustics, IoT, and Intelligent Buildings. The company is known for its continuous research, building, and testing of new technologies, tailoring designs to clients’ unique needs, and collaborating with architects globally to create inspiring built environments.
This acquisition is strategic for Parametric, integrating BrightTree Studios' deep expertise and established track record in technology design and implementation. BrightTree's commitment to transparency, inclusion, and ingenuity in developing spaces where people live, learn, work, and play aligns with a focus on comprehensive technology solutions. Furthermore, BrightTree Studios' certification as a Service-Disabled Veteran-Owned Small Business (SDVOSB) adds a distinct strategic asset to Parametric's portfolio.
The synergy between the two entities is expected to enhance Parametric's capabilities in delivering advanced technology solutions across various sectors. BrightTree Studios' innovative approach, where "innovation isn’t just what we do; it’s who we are," will complement Parametric's operational framework, fostering an environment for accelerated technological development and expanded service offerings. The integration aims to leverage BrightTree's specialized knowledge and collaborative design philosophy.
The combined entity is positioned to offer a more robust and integrated suite of services, driving innovation in the design and implementation of intelligent, technologically advanced built environments. This acquisition is anticipated to strengthen market presence and deliver enhanced value through comprehensive, cutting-edge technology solutions.